www.morningstar.com Open in urlscan Pro
18.66.248.96  Public Scan

URL: https://www.morningstar.com/
Submission Tags: falconsandbox
Submission: On April 16 via api from US — Scanned from DE

Form analysis 1 forms found in the DOM

<form class="mdc-site-search__form" data-v-10051018="" __bizdiag="0" __biza="W___">
  <div role="search" class="mdc-search-field mds-search-field mdc-site-search__search-field" data-v-894e5c78="" data-v-10051018=""><input aria-label="Search" placeholder="Search Quotes and Site" type="text"
      class="mdc-search-field__input mds-search-field__input" data-v-894e5c78=""> <svg aria-hidden="true" class="mdc-icon mds-icon mds-search-field__search-icon mds-icon--s" data-v-894e5c78="">
      <use xlink:href="/assets/img/mds.3ec6f34.svg#search--s"></use>
    </svg> <!----> <span class="mds-search-field__input-focus-outline" data-v-894e5c78=""></span></div> <!---->
</form>

Text Content

Advertisement
Skip to Content
Get 14 Days Free Sign Up Sign In Sign In
 * Topics
    * Advisor Insights
    * Personal Finance
    * Market Volatility
    * Retirement Planning
    * Start Investing
    * Save for College
    * Best Investments
    * See All

 * Sustainable Investing
 * Funds
 * ETFs
 * Stocks
 * Bonds
 * Markets
 * Portfolio

 * Investments
 * Topics
   * Advisor Insights
   * Personal Finance
   * Market Volatility
   * Retirement Planning
   * Start Investing
   * Save for College
   * Best Investments
   * See All
 * Sustainable Investing
 * Funds
 * ETFs
 * Stocks
 * Bonds
 * Markets
 * Portfolio
 * For Professionals
 * Software & Data Services
   * Morningstar Direct
   * DBRS Morningstar
   * Sustainalytics
   * PitchBook
   * ESG Investing Solutions
   * Morningstar Research
   * Morningstar Data
 * Money Management
   * Morningstar Indexes
   * Morningstar Managed Portfolios
   * Morningstar Retirement Manager
 * Solutions for Business
 * All Products & Services
 * Company
 * About
   * Who We Are
   * Careers
   * Diversity, Equity, & Inclusion
   * Corporate Sustainability
   * Privacy
 * Events
   * Morningstar Investment Conference
   * Awards
   * Webinars
 * Newsroom
 * Investor Relations


MARKETS


MARKET INDEXES

Morningstar Indexes
 * Morningstar Indexes
 * U.S.
 * Global
 * Commodities

Morningstar U.S. Global Commodities


Market Indexes
Name
Value
Graph
Change
Change %
U.S. Market Closed 10,851.94
135.74
−1.24%
U.S. Mid Cap Closed 14,387.21
118.32
−0.82%
U.S. Small Cap Closed 12,546.58
105.20
−0.83%
U.S. Sustainability Closed 2,896.73
0.00
0.00%
Women's Empowerment Closed 1,609.57
15.62
−0.96%
Societal Development Closed 1,340.82
6.51
−0.48%

Apr 15 9:11 PM GMT
About
We calculate over 20,000 indexes designed to help investors measure markets,
make asset allocation decisions, and benchmark investment performance. Learn
More


U.S. BAROMETER CLOSED

Val Core Gwth Lg −0.20 −1.35 −2.53 Mid −0.18 −0.74 −1.78 Sm −0.11 −0.70 −1.82

Apr 14 9:48 PM GMT


GAINERS, LOSERS, ACTIVES

Actives Gainers Losers

Market Movers
Equity Name
Price Change
Percent Change
Twitter
0.77
−1.68%
Veru
0.65
4.55%
Bank of America Corp
1.25
−3.22%
Apple
5.11
−3.00%
Advanced Micro Devices
4.68
−4.79%
Wells Fargo & Co
2.19
−4.51%
NVIDIA Corp
9.45
−4.26%
AT&T
0.12
0.62%
NIO
0.77
−3.77%
American Airlines Group
0.05
0.26%




NEWS

 * Housing Starts, Building Permits and Existing Home Sales Seen Down — Data
   Week Ahead | Dow Jones
 * Bit Digital Says 2021 Bitcoin Mining Revenue Rose to $96.1 Million | Dow
   Jones
 * U.S. Industrial Production Rose for Third Consecutive Month in March | Dow
   Jones
 * New York Factory Activity Rebounded in April — NY Fed | Dow Jones
 * China's PBOC Cuts Banks' Reserve Requirement Ratio | Dow Jones
 * China Resources Mulling Over $1 Billion IPO of Beverage Unit, Bloomberg
   Reports | Dow Jones
 * China PBOC Keeps Key Policy Interest Rates Unchanged in Surprise Move | Dow
   Jones
 * Fast Retailing Shares Rise Sharply After Uniqlo Owner Delivers Strong
   First-Half Results | Dow Jones
 * BOVESPA Index Ends the Week 1.81% Lower at 116181.61 — Data Talk | Dow Jones
 * S&P/TSX Composite Index Ends the Week 0.09% Lower at 21855.70 — Data
   Talk | Dow Jones


Recommended Ukraine-Russia Conflict Inflation ARK Innovation 33 Stocks for Q2
Cryptocurrency Bank-Loan Funds


FEATURES

Real News, Fake Understanding
The danger to investors of listening selectively.
John Rekenthaler
 * The Best Total U.S. Stock Market Funds

How to Build a Portfolio You Don't Have to Babysit
These 4 steps can help you craft a (mostly) hands-off portfolio.
Christine Benz
The Best Robo-Advisors of 2022
These six providers receive high or above average scores from Morningstar.
Alec Lucas


MARKET UPDATES

Markets Brief: Bond Yields Rise, Bank Stocks Struggle
Major banks start reporting. Delta and travel stocks rise higher. Healthcare
stocks reverse gains while NVIDIA and AMD extend losses.
Jakir Hossain
Musk's Twitter Saga Escalates With $43 Billion Bid
The stock’s immediate reaction suggests investors aren’t all that impressed.
Sandy Ward
 * It's Been a Rough Start to 2022 for Sustainable Investing Stock Strategies
 * Why There Is Good News in the Bad CPI Report


EARNINGS

Wells Fargo Posts Disappointing First-Quarter Earnings
Investment banking fees flat and the outlook doesn't look positive.
Eric Compton
UnitedHealth's Momentum Continues; Shares Still Rich
We may increase our fair value estimate to account for cash flows generated
since our last valuation change.
Julie Utterback
More News
 * Lowering BlackRock's Fair Value on Lower AUM, Profits
 * JPMorgan's Q1 Hit By Higher Expenses, Fee Decline
 * Do Earnings 'Beats' and 'Misses' Really Matter?

Weekly Wrap: Morningstar Awards, Robo-Advisors, and the Future of Food
We recap the week on Morningstar.com and note the most popular stocks, funds,
and exchange-traded funds.
Jessica Bebel
Oil Supply and Demand: Famine to Feast?
We've lowered our near-term forecasts, but the pendulum could quickly swing back
to oversupply.
Dave Meats, CFA, Allen Good, CFA
Do You Need an Annuity for Retirement Income?
Some guidelines to figure out whether an annuity makes sense for you, and if so,
how much to allocate.
Amy C. Arnott
How to Keep Building Trust With Clients and Why You Should
Personalization, deep knowledge, and shared goals can establish advisor-client
trust.
Samantha Lamas
Appealing or Annoying: What Features Do Online Investors Really Want?
Tips advisors can use to offer clients what they want most.
Yubin Kim
Watch

4 Ways to Reduce the Pain of Required Minimum Distributions
Tap into these strategies to reduce your tax burden or keep your assets growing.
Christine Benz


DIVERSIFICATION

Is Diversifying Your Portfolio Becoming More Challenging?
Investing Insights
Listen
Why Diversifying Your Portfolio Is Getting Harder
Spreading out your bets makes sense, but it doesn’t always pay off.
Amy C. Arnott
Read More
 * Which Bond Types Provide the Most Diversification for Stock Investors?
 * Is International Diversification Necessary?
 * What Rising Inflation Means for Your Portfolio
 * What Do Rising Interest Rates Mean for Diversification?
 * Download: Morningstar’s Diversification Landscape


TAX SEASON

Morningstar's 2022 Tax and IRA Guide
Strategies and investment ideas for lessening the tax bite.
Susan Dziubinski
Your 2022 Tax Fact Sheet and Calendar
Bookmark this guide to stay abreast of the tax-related dates and data that
should be on your radar this year.
Christine Benz
Watch

2022 Tax Traps to Avoid
Take care--because often there are no takesies backsies.
Christine Benz


EARTH WEEK

Food Companies Can Help Solve Climate Crisis
Climate initiatives won't work without addressing agriculture.
Leslie Norton
 * Is the Future of Food Plant-Based? Beyond Meat Vs. Tyson Foods

Climate Funds Dig Deeper Roots
As the focus on climate change increases, the investing landscape continues to
grow.
Alyssa Stankiewicz
Read More
 * How Ecolab, IFF Are Shaping the Future of Food
 * Investors Fight Against Plastic Packaging
 * Mapping ESG Practices and Carbon Risk in 48 Countries' Stock Markets


NOMINEES NAMED: MORNINGSTAR AWARDS FOR INVESTING EXCELLENCE

Morningstar Awards for Investing Excellence--Outstanding Portfolio Manager
Nominees
Three portfolio managers earn accolades for industry achievements.
Paul Ruppe
Morningstar Awards for Investing Excellence: Exemplary Stewardship Nominees
We recognize three asset managers for nurturing cultures that put investors
first.
Bridget B. Hughes
Meet the Winners of the 2021 Investing Excellence Awards
The winners represent the best of the asset management industry.
Sarah Bush


SPECIALISTS

More
Christine Benz
How to Extract Income From a Retirement Portfolio
John Rekenthaler
Direct Indexing Is Coming Your Way
Amy C. Arnott
Should You Be Using a Robo-Advisor?
Susan Dziubinski
The Best Core Stock Funds for 2022
Russel Kinnel
3 Big Funds to Avoid
Ben Johnson
It Can Pay to Be Choosy When Investing in China
Samantha Lamas
The Untapped 29%: The Next Wave of Sustainable Investors


VIDEOS

More
Watch

3 Top Stocks From Winning Managers
Watch

2022 Tax Traps to Avoid
Watch

Backdoor IRA Pitfalls to Avoid
Watch

How to Invest Your Funny Money
Watch

Which Industries Are Most Sensitive to Commodity Prices?
Watch

Required Minimum Distribution Confusion in 2022
Watch

How Can I Earn More on My Safe Money?
Watch

3 Target-Date Funds for an IRA in 2022



TOPICS

ESG InvestingFinancial AdvisorsBasic Fund ScreenerPremium Fund ScreenerBasic
Stock ScreenerPremium Stock ScreenerChristine Benz’s Model PortfoliosDiscussion
ForumsBest InvestmentsAll Topics


ANALYSIS


MAPPING A NEW FRONTIER

Incorporating sustainability into the advisor's workflow.

Download Now



STOCKS

More
Oil Supply and Demand: Famine to Feast?
We've lowered our near-term forecasts, but the pendulum could quickly swing back
to oversupply.
Dave Meats
3 Utilities Stocks That May Weather the Storm
Inflation and other factors dim the allure of this dividend-rich sector today,
but these stocks may be resilient.
David Harrell
Morningstar's Guide to Market Volatility
For investors of all stripes, we offer our best ideas on how to take control of
your portfolio in turbulent times.
Susan Dziubinski
Morningstar's Guide to Stock Investing
Here's how our approach to investing can inform your stock-picking process.
Susan Dziubinski
How to Invest Like Warren Buffett
Here's the recipe that one of the greatest investors uses to pick stocks.
Susan Dziubinski


PERSONAL FINANCE

More
How to Build a Portfolio You Don't Have to Babysit
These 4 steps can help you craft a (mostly) hands-off portfolio.
Christine Benz
How to Keep Building Trust With Clients and Why You Should
Personalization, deep knowledge, and shared goals can establish advisor-client
trust.
Samantha Lamas
Appealing or Annoying: What Features Do Online Investors Really Want?
Tips advisors can use to offer clients what they want most.
Yubin Kim
Morningstar's Money Guide for New Graduates
Designed for recent graduates, our guide walks through creating financial
habits, planning for the future, and starting a new job.
Sachin Nagarajan
Morningstar's Guide to Life-Stage Investing
Maps to follow no matter where you are in your investing life.
Christine Benz



BEST COMPANIES OF 2022

More
The Best Companies to Own: 2022 Edition
These companies stand out from the competition and can be good choices for
long-term investing.
Margaret Giles
Best International Companies to Own: 2022 Edition
These companies from various corners of the globe are well-positioned for the
future.
Ruth Saldanha
Best Innovative Companies to Own: 2022 Edition
These companies are expected to benefit from disruptive technologies.
Sachin Nagarajan
Best Financial Services Companies to Own: 2022 Edition
What drives these firms’ competitive advantages varies by industry.
Katherine Lynch
Best Sustainable Companies to Own: 2022 Edition
We believe these companies’ strong ESG management practices give them a
long-term advantage.
Leslie Norton


FUNDS

More
The Best Robo-Advisors of 2022
These six providers receive high or above average scores from Morningstar.
Alec Lucas
What New Management Means for Vanguard Wellington
The fund recently underwent a change in leadership. Here's what we think of the
changes so far.
Patricia Oey
Bond Investors: Mind Your Overseas Currency Exposure
Currency risk can make your international bonds go wild.
Mike Mulach
Fund Lineup Turnover in 6 Charts
These factors help explain the changes to the fund offerings of a market or
firm.
Bridget B. Hughes
Target-Date Fund Investing in 2022
Learn how these investments work, what to look for when choosing one, and which
ones earn our highest ratings.
Susan Dziubinski


ADVISOR INSIGHTS

More
Moving to Culture 2.0
Do you have an employee retention problem? It's probably your culture.
Rianka R. Dorsainvil
The Model Portfolio Landscape in 7 Charts
What's driving their rapid growth and how we're helping make sense of it.
Jason Kephart
What's Top of Mind for Advisors When it Comes to Crypto?
Here's what Tyrone Ross, co-founder and CEO of Onramp Invest, thinks advisors
should be considering.
Ben Johnson
The ABCs of Estate Planning for IRAs Under the Secure Act
A quick start guide simplifies planning choices for clients’ retirement
benefits.
Natalie Choate
The Next Generation and Social Media’s Role in Financial Advice
A recent incident on TikTok shows just how easily, and willingly, the next
generation will call out bad behavior.
Sonya Dreizler


RETIREMENT PLANNING

More
Watch

4 Ways to Reduce the Pain of Required Minimum Distributions
Tap into these strategies to reduce your tax burden or keep your assets growing.
Christine Benz
Do You Need an Annuity for Retirement Income?
Some guidelines to figure out whether an annuity makes sense for you, and if so,
how much to allocate.
Amy C. Arnott
How to Extract Income From a Retirement Portfolio
We compare different strategies for generating cash flows, from pure total
return to income-centric approaches to annuities.
Christine Benz
Special Report: Are You Ready to Retire?
Let us walk you through practical steps to ensure you're on the right track for
retirement.
Susan Dziubinski
A Retirement Readiness Checklist
Determining if you're on track to retire can be more manageable if you break it
into smaller steps.
Christine Benz


SUSTAINABLE INVESTING

More
Food Companies Can Help Solve Climate Crisis
Climate initiatives won't work without addressing agriculture.
Leslie Norton
Climate Funds Dig Deeper Roots
As the focus on climate change increases, the investing landscape continues to
grow.
Alyssa Stankiewicz
Mapping ESG Practices and Carbon Risk in 48 Countries' Stock Markets
Despite being home to several sustainability leaders, the U.S.' overall ranking
is dragged down by a few companies with high ESG risks.
Valerio Baselli
How Ecolab, IFF Are Shaping the Future of Food
These companies may not be food producers, but they impact the way we eat.
Margaret Giles
Is the Future of Food Plant-Based? Beyond Meat Versus Tyson Foods
Beyond Meat faces ESG risk, but shares look attractive.
Adam Fleck


MUTUAL FUNDS

More
The Best Robo-Advisors of 2022
What New Management Means for Vanguard Wellington
Bond Investors: Mind Your Overseas Currency Exposure
Fund Lineup Turnover in 6 Charts
Target-Date Fund Investing in 2022


STOCKS

More
Oil Supply and Demand: Famine to Feast?
3 Utilities Stocks That May Weather the Storm
Morningstar's Guide to Market Volatility
Morningstar's Guide to Stock Investing
How to Invest Like Warren Buffett


ETFS

More
Liquid Alternatives Funds Belong on Most Investors' Too-Hard Pile
3 Highly Rated ETFs on Sale
ETFs Close a Turbulent Quarter With Strong Inflows
Can Bank-Loan Funds Provide Shelter From Rising Rates?
Morningstar's Guide to ETFs


BONDS

More
How the Largest Bond Funds Fared in the First Quarter
3 Bond Funds for a Rising Interest-Rate Environment
What Do Rising Interest Rates Mean for Diversification?
Bond Funds Start 2022 in a Sea of Red
Morningstar's Guide to Fixed-Income Investing


RETIREMENT PLANNING

More
4 Ways to Reduce the Pain of Required Minimum Distributions
Do You Need an Annuity for Retirement Income?
How to Extract Income From a Retirement Portfolio
Special Report: Are You Ready to Retire?
A Retirement Readiness Checklist


RETIREMENT INVESTING

More
Does the 4% Guideline Rest on a Flawed Assumption?
The SECURE Act, RMDs, and Beneficiaries: Another Wrinkle
Could Required Minimum Distributions Cause You to Withdraw Too Much?
The 411 on 2021 Required Minimum Distributions
Morningstar's Guide to Setting Your Withdrawal Rate


PERSONAL FINANCE

More
How to Build a Portfolio You Don't Have to Babysit
How to Keep Building Trust With Clients and Why You Should
Appealing or Annoying: What Features Do Online Investors Really Want?
Morningstar's Money Guide for New Graduates
Morningstar's Guide to Life-Stage Investing


TAX PLANNING

More
A Tax-Efficient Portfolio Makeover May Be Less Painful Than You Think
Morningstar's 2022 Tax and IRA Guide
Your 2022 Tax Fact Sheet and Calendar
Morningstar's Tax and IRA Guide
4 Strategies for an Organized Tax Season


START INVESTING

More
4 Easy Steps to Finding a Suitable ESG Fund
What is a Stock Split?
What Is the Dow Jones Industrial Average?
Should I Start Investing With Stocks or Mutual Funds?
What to Do If Your Employer Cuts Its 401(k) Match


SAVE FOR COLLEGE

More
How to Allocate Assets for College Savings
529 Plans Aren't Just for College Anymore
The College Question
A Guide to College-Savings Options
Morningstar's Guide to College Savings


SUSTAINABLE INVESTING

More
Food Companies Can Help Solve Climate Crisis
Climate Funds Dig Deeper Roots
Mapping ESG Practices and Carbon Risk in 48 Countries' Stock Markets
How Ecolab, IFF Are Shaping the Future of Food
Is the Future of Food Plant-Based? Beyond Meat Versus Tyson Foods


FINANCIAL ADVISORS

More
New Year, New IRS Life Expectancy Tables
The Value of Nonmonetary Returns
Say the Right Thing: How to Be a Better Ally
10 Financial Do's and Don'ts for Super Accumulators
The Secure Act, RMDs, and Beneficiaries: Another Wrinkle


SPONSOR CENTER





TRANSPARENCY IS OUR POLICY. LEARN HOW IT IMPACTS EVERYTHING WE DO.

Read More

Transparency is how we protect the integrity of our work and keep empowering
investors to achieve their goals and dreams. And we have unwavering standards
for how we keep that integrity intact, from our research and data to our
policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day
business.


HOW WE MAKE MONEY

We sell different types of products and services to both investment
professionals and individual investors. These products and services are usually
sold through license agreements or subscriptions. Our investment management
business generates asset-based fees, which are calculated as a percentage of
assets under management. We also sell both admissions and sponsorship packages
for our investment conferences and advertising on our websites and newsletters.





HOW WE USE YOUR PERSONAL DATA

How we use your information depends on the product and service that you use and
your relationship with us. We may use it to:

 * Verify your identity, personalize the content you receive, or create and
   administer your account.
 * Provide specific products and services to you, such as portfolio management
   or data aggregation.
 * Develop and improve features of our offerings.
 * Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy
center.


HOW WE APPROACH EDITORIAL CONTENT

Maintaining independence and editorial freedom is essential to our mission of
empowering investor success. We provide a platform for our authors to report on
investments fairly, accurately, and from the investor’s point of view. We also
respect individual opinions––they represent the unvarnished thinking of our
people and exacting analysis of our research processes. Our authors can publish
views that we may or may not agree with, but they show their work, distinguish
facts from opinions, and make sure their analysis is clear and in no way
misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict
separation between our sales teams and authors to remove any pressure or
influence on our analyses and research.

Read our editorial policy to learn more about our process.


SITE INDEX

 * What We Do
 * For Business
 * For Investors

 * Insights
 * Morningstar Magazine
 * Newsletters
 * Podcasts
 * Trending Research
 * Investing Definitions

 * About Us
 * Our Story
 * Careers
 * Our Signature Methodologies
 * Global Contacts

 * Get Help
 * Help Center
 * joe@morningstar.com
 * Discussion Forums
 * Advertising Opportunities
 * Feedback

--------------------------------------------------------------------------------

United States

© Copyright 2022 Morningstar, Inc. All rights reserved. Dow Jones Industrial
Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are
real-time.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of
Service apply.

Terms and Conditions Privacy Center Disclosures Member User Agreement
Corrections Cookies Accessibility



Give Feedback