Mechanical reviewed-fund screen
Filter reviewed income ETFs by source-reported yield and AUM, editorial grade and the existing price-decay flag. The score is a simple sorting aid, not a complete risk model, recommendation or prediction.
Exact existing formula
Score = source-reported yield × (grade points ÷ 12) − decay penalty. Grade points are A+ 12, A 11, A− 10, B+ 9, B 8, B− 7, C+ 6, C 5, C− 4, D+ or D 3, and F 0. The decay penalty is 4 when flagged and 0 otherwise. Higher scores sort first.
Computed example
SCHD’s displayed 3.00% yield, A+ grade (12 points) and no decay penalty produce a score of 3.0. If any input changes, the score changes too.
The formula does not model volatility, drawdown, liquidity, concentration, leverage, option strategy, distribution composition, tax treatment, NAV erosion, future distribution changes or whether differently measured total-return figures are comparable. A high score can still reflect an unusually high and unstable yield.
Use the screen to narrow a reviewed set, then inspect each scorecard and issuer documents. See the methodology and financial disclaimer.