all of the mutual funds are sorted according to relative strength index in step 530 numerical relative strength index ranks are assigned to each mutual fund in order beginning with the lowest relative strength index in step 535 a composite rank is calculated for each mutual fund the composite rank is calculated by summing the two factor ranks for each mutual fund the fund with the lowest sum is assigned the first composite rank the next lowest sum is assigned the second composite rank et cetera in step 540 all of the mutual funds are sorted according to composite rank referring to fig6 in a sixth and preferred embodiment of a mutual fund ranking method 600 current performance data factors are obtained in step 605 in step 610 factors are entered into a computer system for example a spreadsheet program in step 615 all of the mutual funds are sorted via the said spreadsheet program according to percent return of each fund in step 620 numerical percent return ranks are assigned to each mutual fund in order beginning with the greatest percent return in step 625 all of the mutual funds are sorted according to ulcer index in step 630 numerical ulcer index ranks are assigned to each mutual fund in order beginning with the lowest ulcer index in step 635 all of the mutual funds are sorted according to standard deviation in step 640 numerical standard deviation ranks are assigned.