Best-performing equity funds in the first quarter
The first three months of 2022 were marked by considerable market volatility. The S&P 500 Index lost 4.9% during the quarter, while the Nasdaq was down more than 7%.
But as the following Morningstar Inc. ranking of the 10 best-performing funds in Q1 shows, one sector flourished. Amid the geopolitical uncertainty created by the war in Ukraine, energy prices rallied, as did energy companies’ stocks and energy sector funds.
Click through to see the 10 funds that performed best.