Best- and worst-performing funds of the Trump rally
The Trump rally has propelled the Standard & Poor’s 500 stock index to a 14.1% gain, including reinvested dividends, since Nov. 8. Investors’ returns, based on preliminary data from Morningstar, have been diverse but mostly happy: Large-cap growth ETFs gained an average 18.1%, while small-cap value gained 13.1%.
But the diversity among individual funds has been more astonishing than a radioactive rainforest, with returns ranging from 219.6% to -70% among funds and ETFs. Many of the winners and losers would shock a political pundit — which is why it’s probably best not to mix politics and investing. Here’s a look at the best and the worst of the Trump rally so far.