Exclusive Price/Fair Value Ratio Determine whether an ETF is overpriced or undervalued using this new measure-available only from Morningstar. Management Know the qualifications and strategies of the managers running the portfolio. Risk Profile Quickly see how volatile an ETF has been. Morningstar Rating Quickly see how well an ETF has balanced risk and return Tax Analysis Tax information reveals just how tax-efficient an ETF really is. Morningstar's Take Get independent insight into how and why an ETF is a good choice-or a poor one. Expenses, Fees, Addresses,Phone Numbers Find everything you need to obtain more information before you invest in an ETF. Over 30 Categories Compare the strategies, risks, and returns of an ETF with its peers' using our investment categories. Historical Market Price and NAV Performance Use up to 10 years' worth of data to easily evaluate an ETF's performance relative to its peers' and index's. Investment Style Box Determine with a glance what general part of the market an ETF favors. 52-Week High/Low See how wide-ranging an ETF's price has been during the past year. Sector Weightings Discover which parts of the economy an ETF targets-and which parts it shuns. Let our new ETF research help you refine your portfolio Explosive growth in the ETF market has led investors to question how to profit from these relatively new investment vehicles. Morningstar, the global leader in investment research, helps investors answer that question. This annual guide includes full-page reports on the 150 largest and most popular ETFs. In addition, investors will find dozens of pages of editorial guidance dedicated to revealing the advantages and disadvantages of ETFs, explaining how to use ETFs in a portfolio, gauging which ETFs track the slice of the market they want to track, and much more. This book can help you: Position your portfolio for a big 2007 Find the best ETF values Start a new portfolio You'll also benefit from: Extensive how-tos Exclusive Price/Fair Value Ratio Tax information For 20 years, Morningstar has helped individuals and financial advisors make better investment decisions. Our trusted data and independent analysis provide a level of insight unavailable from other sources. For more information about other Morningstar products and services, visit us online at www.morningstar.com.Morningstar Inc Staff is the author of 'Morningstar ETFs 150 2007 Annual Sourcebook', published 2007 under ISBN 9780471786665 and ISBN 0471786667.