Scoring Methodology

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Educational & Research Purpose Only

FundXLS scores are not investment advice. They are quantitative signals based on historical data for educational and research purposes. Past performance does not guarantee future results. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

ETFs›Scoring Methodology

Transparent MethodologyData-DrivenUpdated Daily

FundXLS ETF Scoring System

Our scoring system combines multiple quantitative factors to help you evaluate ETFs. We're transparent about the metrics we use so you can understand exactly how each score is calculated.

3,300+

ETFs Scored Daily

Score Types

12+

Factors Analyzed

Free

For All Users

BUY SCORE

(0-100)

Should I buy this ETF now?

Balanced buy recommendation

Category Outperformance

YTD return vs peers in same investment style

Cost Advantage

Expense ratio vs style average (Lower = Better)

Momentum Signals

3 binary signals: YTD > 1Y, 1Y > 3Y, beats benchmark

Liquidity

AUM size based on asset-class thresholds

Leveraged/inverse ETFs: 15% penalty

MOMENTUM SCORE

(0-100)

Is this ETF trending up?

Pure trend-following score

Short-term Momentum

YTD percentile rank vs ALL ETFs

Medium-term Momentum

1-Year percentile rank vs ALL ETFs

Trend Acceleration

YTD annualized minus 1Y spread (Faster = Better)

Relative Strength

Performance vs asset-class benchmark

Leveraged/inverse ETFs: Excluded entirely

VALUE SCORE

(0-100)

Is this a contrarian opportunity?

Identifies out-of-favor ETFs with solid fundamentals

Recent Underperformance

YTD percentile in style — inverted (Worse = Better)

Strong Track Record

3Y/5Y returns (asset-class adjusted thresholds)

Cost Advantage

Expense percentile within style (Lower = Better)

Size/Stability

AUM size based on asset-class thresholds

Leveraged/inverse ETFs: Excluded entirely

Live Backtest: Top 10 Momentum ETFs vs S&P 500

Auto-updated daily•Equal-weighted, rebalanced monthly•Last: Feb 3, 2026, 1:48 AM UTC

Current Top 10 Momentum Holdings

ETF Screener →

1.GOEX(100)2.SLVR(100)3.AGMI(100)4.AUMI(100)5.SGDJ(100)6.SILJ(100)7.GDXJ(100)8.LAYS(100)9.RING(100)10.SIL(100)

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This backtest shows the hypothetical performance of an equally-weighted portfolio of the top 10 ETFs by Momentum Score, rebalanced monthly. Past performance does not guarantee future results. This is for educational purposes only and is not investment advice. Try the Portfolio Builder to analyze your own portfolio.

Asset-Class Specific Thresholds

Track Record (3Y Annualized)

Asset Class	Excellent	Good	Fair	Poor
Equity	15%	10%	5%	0%
Bond/Fixed Income	5%	3%	2%	0%
Commodity	10%	5%	2%	-5%
Real Estate	12%	8%	4%	0%
Currency	5%	2%	0%	-3%

AUM Thresholds

Asset Class	Huge	Large	Medium	Small
Equity	$10B	$1B	$500M	$100M
Bond	$5B	$500M	$200M	$50M
Commodity	$2B	$500M	$100M	$50M

How to Use These Scores

Buy Score for Balanced Decisions

Best for most investors. Combines value, momentum, and practicality.

Momentum Score for Trend Followers

Focus on ETFs with strong upward price momentum.

Value Score for Contrarians

Find beaten-down ETFs with strong fundamentals and low costs.

Score Interpretation

Score Range	Rating	Interpretation
80-100	Excellent	Top-tier ETF. Strong signal for the given strategy.
60-79	Good	Above average. Worth considering for portfolio inclusion.
40-59	Average	Middle of the pack. No strong signal either way.
20-39	Below Average	Caution advised. Review before investing.
0-19	Poor	Weak signal. Consider alternatives.

See the scores in action

Explore top-scoring ETFs using our methodology.

Top Buy Scores →ETF Screener