Standard & Poor's is releasing its first exchange traded fund ranking reports at the end of this month, covering the performance, risk and cost factors of the individual holdings. The new service has been in the works since June (WSL, 6/17). Since ETFs debuted 10 years ago, no major research firms have ever produced overall rankings on ETFs. S&P will be selling the new service to brokerages and the buyside with the equity rankings, said Steve Biggar, global director of equity research.
September 05, 2008