Fund performance

Even momentum, which has made money in eight of the last 10 years, has plunged in 2019.

Nearly all posted losses over the last year.

These double-digit returns came at a price lower than the rest of the sector.

Advisors have a dizzying number of ways to answer. Over a five-year period. Over 30 years. Compared to a certain sample portfolio. Which should you choose?

The mutual funds and ETFs that ranked at the bottom of the sector still benefited from a “long-running bull market,” an expert says.

The Invesco QQQ Trust dropped as much as 0.6% after Google’s parent company reported first-quarter sales below Wall Street estimates.

One theory for underperformance has been the long steady gains in markets since the financial crisis.

Expense ratios were more than twice the industry average.

CEO Ronald O’Hanley says the poor performance reflects both the industry’s “continued challenging conditions,” as well as “lower client activity.”

The firm, along with the broader asset management industry, is focused on ways to expand its global reach amid mounting pressure for growth.