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10 Funds With The Greatest Sharpe Ratios

TedTed
edited August 2018 in The Bullpen
FYI: Nobel Prize winner William Sharpe developed the Sharpe index as a way to determine risk-adjusted portfolio returns. It uses excess return and standard deviation to determine reward per unit of risk. The higher the Sharpe ratio, the better the fund’s risk-adjusted returns.

We decided to look at the funds that have had the best Sharpe ratios on average the past three years. While they may not be the best in absolute returns, they have given shareholders superior returns, considering the risks they take.
The performance data is through July 27, 2018, and comes from CFRA
Regards,
Ted
http://www.investmentnews.com/gallery/20180801/FREE/801009999/PH

1. Virtus KAR Small Cap Growth (PSGAX)
2. Red Oak Technology Select (ROGSX)
3. MFS Technology (MTCAX)
4. Columbia Global Technology Growth (CTCAX)
5. Fidelity Select Software & IT Services (FSCSX)
6. Fidelity Select Retailing Portfolio (FSRPX)
7. Victory RS Science & Technology (RSIFX)
8. Nationwide Bailard Technology & Science (NWHQX)
9. T. Rowe Price Science & Technology (PRSCX)
10. Vanguard Information Technology (VITAX)
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