(Bloomberg) -- Good news for investors: far more mutual funds are beating the market than last year. The bad news is that stocks are returning one-tenth as much.

According to a Fundstrat Global Advisors survey of 3,265 funds, more than half posted gains that exceeded benchmark indexes in 2015 through March 6, for their best start to a year since 2012. Managers are finding it easier to profit from stock-picking as lockstep moves among shares unwind and the market endures swings not seen since 2011.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.