The hot run on commodities funds--particularly those focused on gas and oil--seems to have begun cooling, according to The Wall Street Journal.

Natural gas and oil funds, collectively, have dropped 6.7% in the past month alone, Morningstar data shows. While the Standarrd and Poor's 500-stock index is up 5.6% year-to-date as of last Wednesday, these funds have gained only 2.6% in the same time period. 

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.