Morningstar

The average expense ratio for this group was more than 100 basis points.

“Their top holdings are focused on those companies that have benefited in a post-COVID world,” an expert says.

The rule has faced a host of criticism from investors, environmentalists, asset managers and others.

Fees among the leaders range from as little as two basis points to as high as 125 basis points.

The firm currently provides benefits to 10,000 employers and their 2 million employees.

“These are tracking the industries that are supporting the economy and will continue in the post-pandemic world,” an expert says.

Among the decade’s worst performers — those with more than $1 billion in assets under management — were a handful of products with stellar short-term returns.

The decade’s top-performers have produced returns of more than four-times their industry peers this year.

“Investors are going into lower, more passive mutual funds because they don't want to pay the fees,” an expert says.

The industry’s largest money manager experienced record inflows to sustainable products in the first six months of the year.