The price of oil fell to less than $30 a barrel this week, the lowest in more than 12 years. That represents a 19% decline just this year and a 72% plunge since summer 2014. Funds focused on alternative energy sources declined, but narrowly.
Our first five slides illustrate the performance of the biggest alternative energy mutual funds over one, three and five years. The subsequent 10 slides depict the horror show that traditional energy funds endured. To view this content as a slideshow click
All data is from Morningstar.
The price of oil fell to less than $30 a barrel this week, the lowest point in more than 12 years. And while that had a negative impact on the alternative mutual funds you just saw, remember that everything is relative. The following traditional funds fared far worse; they all delivered double-digit losses. Click through to see the 10 biggest and their performances over the past one, three and five years.
All data is from Morningstar.
