As you can see from the weekly Top 15 Rankings, government bond funds still are on top even though we're starting to see a possible start of an uptrend in the market. Short funds are no longer ranked in the Top 15, a change from last week. Even with bonds on top, some sectors are moving up the ranking, such as Utilities, Europe, Telecomm. Green coloring indicates positive rate of change over the past period, and red indicates negative rate of change. For the full list of funds that are ranked see our Funds listing.
For more information regarding these rankings see http://www.mybestfunds.com
Selected Fidelity Funds
Selected Vanguard Funds
Disclosure: Long SWGSX, SWBDX, SWLBX at time of this writing.