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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. 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