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Our search for the best balanced ETFs started with an initial list of roughly 50 funds. We screened out small funds and those with fees greater than 0.70% AUM, and any with a negative Morningstar rating. In addition, we eliminated funds launched within the prior three years, without a sufficient track record of management excellence to support inclusion.
This resulted in a final list of 22 balanced ETFs. From this list we selected several passively managed fixed versus equity portfolios with risk levels for conservative through aggressive investors.
Several funds include global diversification, while others are domestically focused. We added one alternative asset class balanced ETF, RLY, which is less correlated with a typical stock and bond portfolio.
Finally we selected three actively managed funds. Investors will find both diversifiers for a traditional stock and bond portfolio and several ETFs to reduce risk and correlation with traditional stock-bond portfolios.