MFO Ratings Updated Through September 2019, plus New Metrics for Risk-Averse Investors

All fund risk and return metrics, ratings, and analytics have been uploaded to MFO Premium, reflecting performance through September 2019.

We went live last Monday evening and today we added three new metrics (well, the first is newly revised) and attendant ratings to MultiSearch, which should be especially appealing to risk-averse investors:

  • Bear Market Deviation, which attempts to anticipate level of loss funds will experience during a market downturn based only on so-called “bear market months.” Morningstar defines a bear market month when the monthly market return drops below 3% for equity funds and below 1% for fixed income funds.
  • Down Market Deviation, a companion metric, which attempts to anticipate level of loss funds will experience based only on down or negative market months.
  • Three Alarm Risk, which is the metric used to compute the Three Alarm Risk Score. It attempts to anticipate level of loss funds will experience during a bad year … in a very direct way.

If you don’t like the Three Alarm Risk (TA Risk) number you see in the MultiSearch results table for a fund in your portfolio, then you may opt to adjust its allocation. For example, Dodge & Cox International Fund (DODFX) is the best performing international large-cap core fund since it launched over 18 years ago … it has a TA Risk this past year of -40.0 percent per year.

All are searchable via MultiSearch under Period Metrics & Ratings heading.

You can read more about these new metrics in A More Robust Down-side Market Metric and on the Definitions page.

As always, if you see anything amiss or have suggestions for improvement, let us know and we will respond soonest.

Please enjoy the latest data and site features.

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