The All Cap Blend style ranks fourth out of the twelve fund styles as detailed in our 3Q20 Style Ratings for ETFs and Mutual Funds report. Last quarter, the All Cap Blend style ranked fourth as well. It gets our Neutral rating, which is based on an aggregation of ratings of 116 ETFs and 755 mutual funds in the All Cap Blend style as of July 21, 2020. See a recap of our 2Q20 Style Ratings here.
Figures 1 and 2 show the five best and worst rated ETFs and mutual funds in the style. Not all All Cap Blend style ETFs and mutual funds are created the same. The number of holdings varies widely (from 12 to 3601). This variation creates drastically different investment implications and, therefore, ratings.