Worst-performing equity funds in the first quarter
Amid the uncertainty created by the war in Ukraine and inflationary pressures, the financial markets experienced considerable volatility during the first three months of 2022. The S&P 500 Index lost 4.9% during the quarter, while the Nasdaq was down more than 7%.
A Morningstar Inc. ranking of the best-performing stock funds was largely populated by funds in the energy sector.
The worst-performing funds of Q1 are more diverse. Click through to see Morningstar's ranking of the 15 stock funds that fared the worst over the first three months of this year.