Top mutual funds that beat their benchmarks
Published June 28, 2017 3:44 PM
|
Updated May 28, 2021 10:34 AM
1 Min Read
It's easy for clients to view investing as an absolute game. But unless they’re a hedge fund, investing is relative. Any mutual fund performance is most meaningful when compared against the broader market or some other yardstick. If an industry benchmark returned 15%, then a mutual fund in that same category can't very well brag about its 12% return.
On the other hand, a return of 3% can have value for clients who want to be diversified, if the benchmark posted a loss.
Scroll through to see the 20 best mutual funds for the past three years, on an annualized basis, compared against their respective benchmarks.
All data from Morningstar as of June 23.
On the other hand, a return of 3% can have value for clients who want to be diversified, if the benchmark posted a loss.
Scroll through to see the 20 best mutual funds for the past three years, on an annualized basis, compared against their respective benchmarks.
All data from Morningstar as of June 23.
20. RMB Mendon Financial Services (RMBKX)
3-Yr. Return: 18.80%
Return Over Benchmark (% points): 7.37
Expense Ratio: 1.40%
Fund Assets (millions): $557
Return Over Benchmark (% points): 7.37
Expense Ratio: 1.40%
Fund Assets (millions): $557
19. DoubleLine Shiller Enhanced CAPE (DSENX)
3-Yr. Return: 15.12%
Return Over Benchmark (% points): 7.42
Expense Ratio: 0.85%
Fund Assets (millions): $4,052
Return Over Benchmark (% points): 7.42
Expense Ratio: 0.85%
Fund Assets (millions): $4,052
18. Franklin Gold and Precious Metals (FGPMX)
3-Yr. Return: 0.53%
Return Over Benchmark (% points): 7.70
Expense Ratio: 0.59%
Fund Assets (millions): $1,083
Return Over Benchmark (% points): 7.70
Expense Ratio: 0.59%
Fund Assets (millions): $1,083
17. Fidelity Select Medical Equip & Systems (FSMEX)
3-Yr. Return: 18.47%
Return Over Benchmark (% points): 7.80
Expense Ratio: 0.76%
Fund Assets (millions): $3,705
Return Over Benchmark (% points): 7.80
Expense Ratio: 0.76%
Fund Assets (millions): $3,705
16. Oppenheimer Gold & Special Minerals (OPGSX)
3-Yr. Return: 1.12%
Return Over Benchmark (% points): 8.29
Expense Ratio: 1.17%
Fund Assets (millions): $1,085
Return Over Benchmark (% points): 8.29
Expense Ratio: 1.17%
Fund Assets (millions): $1,085
15. Invesco Balanced-Risk Commodity Strat (IBRFX)
3-Yr. Return: -9.53%
Return Over Benchmark (% points): 8.62
Expense Ratio: 1.13%
Fund Assets (millions): $765
Return Over Benchmark (% points): 8.62
Expense Ratio: 1.13%
Fund Assets (millions): $765
14. T. Rowe Price Real Assets (PRAFX)
3-Yr. Return: -1.00%
Return Over Benchmark (% points): 8.77
Expense Ratio: 0.84%
Fund Assets (millions): $3,353
Return Over Benchmark (% points): 8.77
Expense Ratio: 0.84%
Fund Assets (millions): $3,353
13. VanEck International Investors Gold (INIVX)
3-Yr. Return: 1.70%
Return Over Benchmark (% points): 8.880
Expense Ratio: 1.35%
Fund Assets (millions): $682
Return Over Benchmark (% points): 8.880
Expense Ratio: 1.35%
Fund Assets (millions): $682
12. Matthews India Investor (MINDX)
3-Yr. Return: 14.79%
Return Over Benchmark (% points): 8.884
Expense Ratio: 1.12%
Fund Assets (millions): $2,157
Return Over Benchmark (% points): 8.884
Expense Ratio: 1.12%
Fund Assets (millions): $2,157
11. Fidelity Select Gold (FSAGX)
3-Yr. Return: 2.09%
Return Over Benchmark (% points): 9.26
Expense Ratio: 0.84%
Fund Assets (millions): $1,468
Return Over Benchmark (% points): 9.26
Expense Ratio: 0.84%
Fund Assets (millions): $1,468
10. First Eagle Gold (SGGDX)
3-Yr. Return: 2.23%
Return Over Benchmark (% points): 9.41
Expense Ratio: 1.27%
Fund Assets (millions): $1,222
Return Over Benchmark (% points): 9.41
Expense Ratio: 1.27%
Fund Assets (millions): $1,222
9. Virtus KAR Small-Cap Growth (PSGAX)
3-Yr. Return: 18.12%
Return Over Benchmark (% points): 9.53
Expense Ratio: 1.50%
Fund Assets (millions): $926
Return Over Benchmark (% points): 9.53
Expense Ratio: 1.50%
Fund Assets (millions): $926
8. Deutsche Enhanced Commodity Strat (SKSRX)
3-Yr. Return: -8.13%
Return Over Benchmark (% points): 10.02
Expense Ratio: 1.17%
Fund Assets (millions): $2,667
Return Over Benchmark (% points): 10.02
Expense Ratio: 1.17%
Fund Assets (millions): $2,667
7. T. Rowe Price Media & Telecomms (PRMTX)
3-Yr. Return: 14.79%
Return Over Benchmark (% points): 10.126
Expense Ratio: 0.79%
Fund Assets (millions): $4,401
Return Over Benchmark (% points): 10.126
Expense Ratio: 0.79%
Fund Assets (millions): $4,401
6. Lazard Global Listed Infrastructure (GLFOX)
3-Yr. Return: 14.16%
Return Over Benchmark (% points): 10.127
Expense Ratio: 1.22%
Fund Assets (millions): $5,106
Return Over Benchmark (% points): 10.127
Expense Ratio: 1.22%
Fund Assets (millions): $5,106
5. Oppenheimer Global Opportunities (OPGIX)
3-Yr. Return: 16.11%
Return Over Benchmark (% points): 10.44
Expense Ratio: 1.18%
Fund Assets (millions): $5,352
Return Over Benchmark (% points): 10.44
Expense Ratio: 1.18%
Fund Assets (millions): $5,352
4. Fidelity Advisor Materials (FMFAX)
3-Yr. Return: 1.53%
Return Over Benchmark (% points): 11.30
Expense Ratio: 1.07%
Fund Assets (millions): $1,552
Return Over Benchmark (% points): 11.30
Expense Ratio: 1.07%
Fund Assets (millions): $1,552
3. Morgan Stanley Inst Global Opp (MGGPX)
3-Yr. Return: 17.18%
Return Over Benchmark (% points): 11.87
Expense Ratio: 1.17%
Fund Assets (millions): $1,127
Return Over Benchmark (% points): 11.87
Expense Ratio: 1.17%
Fund Assets (millions): $1,127
2. AllianzGI Global Water (AWTAX)
3-Yr. Return: 4.46%
Return Over Benchmark (% points): 14.23
Expense Ratio: 1.49%
Fund Assets (millions): $589
Return Over Benchmark (% points): 14.23
Expense Ratio: 1.49%
Fund Assets (millions): $589
1. Fidelity Select Chemicals (FSCHX)
3-Yr. Return: 6.54%
Return Over Benchmark (% points): 16.31
Expense Ratio: 0.79%
Fund Assets (millions): $1,591
Return Over Benchmark (% points): 16.31
Expense Ratio: 0.79%
Fund Assets (millions): $1,591
