What do the grades mean?
The Navellier ETF grades are based on return/risk characteristics, of each individual ETF, ranked relative to its best fitting (highest R2) broad based Index. Each week we compile and calculate statistics, Alpha, Beta, Standard Deviation, R-Squared for a list of over 1500 ETFs. Using the respective 60 or 90 day cycle we calculate how an ETF has performed on a risk adjusted basis relative to its best fit broad market index.
The final grade for each ETF is based on its risk adjusted performance relative to the Russell 3000 index constituents. An “A” Grade is assigned to ETFs that exhibit positive return/risk characteristics over the given cycle and an “F” Grade represents ETFs that have exhibited lesser/negative return/risk characteristics. These rankings can/will change weekly depending on market conditions and volatility.
Exchange traded funds are generally structured to hold a basket of securities and usually offer investors the ability to not only buy and hold an ETF position but also trade in and out of a position intra-day.
How often is the data updated?
The ETF data is updated weekly.
Navellier ETF Grader Growth of $100 Example
Net January 1, 2007 December 31, 2018
Net March 1, 2006 to December 31, 2018
The chart above reflects the theoretical historical total return of stocks assigned a score of A, B, C, D, or F using key fundamental metrics. Performance results presented herein do not necessarily indicate future performance. Results presented include the reinvestment of all dividends and other earnings. Investment in equity strategies involves substantial risk and has the potential for partial or complete loss of funds invested. Graphs are for illustrative and discussion purposes only. This graph is not to be construed as an offer to buy or sell any financial instrument and should not be relied upon as the sole factor in an investment making decision. (Note, these are model results, no actual money was invested. Please see important disclosures below.)