These funds blend stocks and bonds into a single portfolio.
The century-old category of “balanced” funds—balancing out risky stocks with safer bonds—is giving way to the modern concept of allocation. You allocate assets to different kinds of investments: stocks, bonds and sometimes other things like commodities.
These funds put different kinds of securities into a single pot. Some of them own only domestic investments; others look across the globe. ETFs with convertible bonds and convertible preferreds are also included here, since a convertible acts like a blend of stocks and bonds.
Below the conventional stock/bond blends we list ETFs with unusual strategies, such as writing or buying options.
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For an explanation of our rankings and a directory of fund categories, turn to Forbes Best ETFs.
For the 63 Honor Roll members, turn to Best ETFs Honor Roll.
For a searchable directory of fund names and tickers, use the ETF Directory.