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As of 12/31/24, the RiverPark Short Term High Yield Fund had the highest
10-year Sharpe ratio of any non-money market fund at Morningstar.
For more information, please click here
Top 10 Funds by Sharpe Ratio | ||||
---|---|---|---|---|
Name | Morningstar Category | Sharpe Ratio 3 Yr |
Sharpe Ratio 5 Yr |
Sharpe Ratio 10 Yr |
RiverPark Short Term High Yield Instl | US Fund High Yield Bond | 0.90 | 1.26 | 1.58 |
Spectrum Low Volatility Investor | US Fund Nontraditional Bond | -0.32 | 0.76 | 1.01 |
Fidelity Advisor Technology I | US Fund Technology | 0.39 | 0.89 | 0.97 |
JNL/Mellon Infor Tech Sect A | US Fund Technology | 0.47 | 0.90 | 0.97 |
Columbia Global Technology Growth Inst | US Fund Technology | 0.36 | 0.81 | 0.95 |
Putnam Global Technology Y | US Fund Technology | 0.34 | 0.81 | 0.95 |
Fidelity Advisor Series Equity Gr | US Fund Large Growth | 0.43 | 0.90 | 0.94 |
Fidelity Select Technology | US Fund Technology | 0.37 | 0.85 | 0.94 |
Counterpoint Tactical Income I | US Fund Nontraditional Bond | 0.12 | 0.64 | 0.92 |
Fidelity Select Semiconductors | US Fund Technology | 0.52 | 0.91 | 0.92 |
Source: Morningstar Principia
The Sharpe ratio is calculated by subtracting the risk-free rate – such as that of the 3-month U.S. Treasury Bill – from the rate of return for a portfolio and dividing the result by the standard deviation of the portfolio returns.
For performance data and portfolio holdings current to the most recent month end please click here. Past performance does not guarantee future results.