Dorsey Wright's Ranking of Socially Responsible Funds and ETFs
Includes Funds and ETFs with assets over $100 million

Spotlight - Ariel Fund Investor Class (ARGFX)

As we close out 2013, the leading equity scores in the Socially Responsible Fund Group belong to the Ariel Fund Investor Class (ARGFX) as well as the Ave Maria Growth (AVEGX).  Both of these funds are having a great year trading above the 5 score level and they offer you the best relative strength within the Socially Responsible genre. In addition, they also rank at the highest levels concerning any genre of mutual fund at this time.  The highest scoring Socially Responsible equity fund with low relative risk is the Parnassus Equity Income Fund (PRILX), which holds a score of 4.94 and a relative risk below the risk of the core equity market.  On the International scene, the Calvert International Equity Fund (CWVGX) holds a suitable score above the 3 level at a 3.11, and this fund can give you basic exposure to the Non-US side of your asset allocation.  The top sector fund is the Calvert Global Water Fund (CFWAX), which has a score of 3.79.  On the fixed income front, the Ave Maria Bond Fund (AVEFX) is shining as the leader in relative strength with a great score of 3.55.   Two newcomers to Quadrant 2 for fixed income are the Calvert Short Duration Income Fund (CSDAX) and the Calvert Ultra-Short Income Fund (CULAX), as both of these funds have improved against the backdrop of a downward trend in fixed income relative strength.

.

High Strength, Low Risk
Fund Score > 3, Below average volatility
           
    Name DWA Fund Score DWA rRisk Score  
  Equity Funds And ETFs      
    Parnassus Equity Income Fund Class Inst. (PRILX) 4.94 0.88  
    Ave Maria Rising Dividend Fund (AVEDX) 4.82 0.95  
    Calvert Large Cap Core Portfolio Class A (CMIFX) 3.54 1.00  
    iShares FTSE KLD 400 Social Index Fund (ETF): NYS - DSI 3.31 0.91  
    Calvert Moderate Allocation Fund Class A (CMAAX) 3.24 1.00  
    Legg Mason Investment Counsel Social Aw. (SSIAX) 3.21 0.72  
    Calvert Balanced Portfolio Class A (CSIFX) 3.09 0.60  
   

Pax World Balanced Individual Investor Class (PAXWX)

 3.04 0.89  
       
  Bond Funds      
    Ave Maria Bond Fund (AVEFX) 3.55 0.20  
    Calvert Short Duration Income Fund Class A (CSDAX) 3.29 0.16  
    Calvert Ultra-Short Income Fund Class A (CULAX) 3.07 0.06  
           

 

High Strength, High Risk
Fund Score > 3, Above average volatility
           
    Name DWA Fund Score DWA rRisk Score  
  Equity Funds and ETFs      
    Ariel Fund Investor Class (ARGFX) 5.93 1.65  
    Ave Maria Growth Fund (AVEGX) 5.33 1.15  
    Neuberger Berman Socially Responsive Fund Inv (NBSRX) 4.87 1.10  
    Calvert Small Cap Fund Class A (CCVAX) 4.42 1.34  
    Parnassus Workplace Fund (PARWX) 4.33 1.18  
    Parnassus Mid Cap Fund (PARMX) 4.32 1.09  
    Ave Maria Catholic Values Fund (AVEMX) 4.01 1.20  
    Calvert Capital Accumulation Fund Class A (CCAFX) 4.27 1.41  
    Calvert Social Index Fund Class I (CISIX) 3.81 1.02  
    VALIC Company II Socially Responsible Fund (VCSRX) 3.81 1.04  
    Calvert Global Water Fund Class A (CFWAX) 3.79 1.21  
    TIAA-CREF Social Choice Equity Fund Inst. (TISCX) 3.72 1.06  
    Domini Social Equity Fund Investor Class (DSEFX) 3.67 1.10  
    Calvert Equity Portfolio Class A (CSIEX) 3.64 1.08  
    VALIC Company I Global Social Awareness Fund (VCSOX) 3.63 1.16  
    Vanguard FTSE Social Index Fund Institutional (VFTNX)
 		 3.63 1.07  
    Global X Funds: NASDAQ - SOCL 3.60 1.96  
    Parnassus Fund (PARNX) 3.28 1.49  
    Parnassus Small Cap Fund (PARSX) 3.17 1.50  
    Calvert International Equity Fund Class A (CWVGX) 3.14 1.27  
    iShares MSCI USA ESG Select Scl Indx Fnd: NYS - KLD 3.11 1.02  
    PowerShares WilderHill Clean Energy(ETF): NYS - PBW 3.01 2.52  
           
         
         
       
       
           

 

Low Strength, Low Risk
Fund Score < 3, Below average volatility
           
    Name DWA Fund Score DWA rRisk Score  
  Equity Funds and ETFs      
    Appleseed Fund (APPLX) 2.48 0.96  
           
           
  Bond Funds      
    Calvert Income Fund Class A (CFICX) 2.74 0.31  
    Calvert Tax-Free Bond Fund Class A (CTTLX) 2.43 0.43  
    Calvert Bond Portfolio Class A (CSIBX) 2.30 0.29  
    Calvert Long-Term Income Fund Class A (CLDAX) 1.97 0.52  
    Parnassus Fixed Income Fund (PRFIX) 1.71 0.25  
           
           

 

Low Strength, High Risk
Fund Score < 3, Above average volatility
           
    Name DWA Fund Score DWA rRisk Score  
  DFA CSTG&E International Social Core Equity P (DFCCX) 2.79 1.25  
           
           

 

 

DWA Fund Score:    The DWA Fund score ranks the technical strength on a scale of 0 through 6 using an equation based on price trending and relative strength.  Funds with scores above 3 are considered by Dorsey Wright to be “investment grade”.   Funds with scores close to 6 are “market dominant."

« Previous Article | Next Article »
0 Comments
Login in order to post a comment