Mutual funds

The top 20 outpaced the broader industry and had an average net expense ratio far below the 0.45% investors paid last year.

The 20 mutual funds and ETFs on this list have an average fee of roughly 111 basis points.

The top 20 have delivered overall outperformance. However, their gains come with fees more than twice the industry average.

The $527 billion manager released two actively-managed products, one focused on U.S. equities and the other on international stocks.

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.

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

“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.

Do-it-yourself-minded investors have never had more places to put their savings, writes Bloomberg’s Nir Kaissar.