Oil Pummels Energy Funds, Alternative Energy Fares Better
January 14, 2016 4:52 PM
Oil Pummels Energy Funds, Alternative Energy Fares Better
The price of oil fell to less than $30 a barrel this week, the lowest in more than 12 years. That represents a 19% decline just this year and a 72% plunge since summer 2014. Funds focused on alternative energy sources declined, but narrowly.
Our first five slides illustrate the performance of the biggest alternative energy mutual funds over one, three and five years. The slides show the biggest funds, ranked by their one-year performance.
The subsequent 10 slides depict the horror show that traditional energy funds endured. To view this content on a single page click here.
All data is from Morningstar.
Image: fotolia
Our first five slides illustrate the performance of the biggest alternative energy mutual funds over one, three and five years. The slides show the biggest funds, ranked by their one-year performance.
The subsequent 10 slides depict the horror show that traditional energy funds endured. To view this content on a single page click here.
All data is from Morningstar.
Image: fotolia
Oil Pummels Energy Funds, Alternative Energy Fares Better
Oil Pummels Energy Funds, Alternative Energy Fares Better
Oil Pummels Energy Funds, Alternative Energy Fares Better
Oil Pummels Energy Funds, Alternative Energy Fares Better
Oil Pummels Energy Funds, Alternative Energy Fares Better
Oil Pummels Energy Funds, Alternative Energy Fares Better
The price of oil fell to less than $30 a barrel this week, the lowest point in more than 12 years. And while that had a negative impact on the alternative mutual funds you just saw, remember that everything is relative. The following traditional funds fared far worse; they all delivered double-digit losses. Click through to see the 10 biggest and their performances over the past one, three and five years.
All data is from Morningstar.
Image: fotolia
All data is from Morningstar.
Image: fotolia
Oil Pummels Energy Funds, Alternative Energy Fares Better
The energy industry lost its power in 2015. The price of oil plummeted, which, while nice at the gas pump, cost investors millions.
Oil Pummels Energy Funds, Alternative Energy Fares Better
The energy industry lost its power in 2015. The price of oil plummeted, which, while nice at the gas pump, cost investors millions.
Oil Pummels Energy Funds, Alternative Energy Fares Better
The energy industry lost its power in 2015. The price of oil plummeted, which, while nice at the gas pump, cost investors millions.
Oil Pummels Energy Funds, Alternative Energy Fares Better
The energy industry lost its power in 2015. The price of oil plummeted, which, while nice at the gas pump, cost investors millions.
Oil Pummels Energy Funds, Alternative Energy Fares Better
The energy industry lost its power in 2015. The price of oil plummeted, which, while nice at the gas pump, cost investors millions.
Oil Pummels Energy Funds, Alternative Energy Fares Better
The energy industry lost its power in 2015. The price of oil plummeted, which, while nice at the gas pump, cost investors millions.
Oil Pummels Energy Funds, Alternative Energy Fares Better
The energy industry lost its power in 2015. The price of oil plummeted, which, while nice at the gas pump, cost investors millions.
Oil Pummels Energy Funds, Alternative Energy Fares Better
The energy industry lost its power in 2015. The price of oil plummeted, which, while nice at the gas pump, cost investors millions.
Oil Pummels Energy Funds, Alternative Energy Fares Better
The energy industry lost its power in 2015. The price of oil plummeted, which, while nice at the gas pump, cost investors millions.
Oil Pummels Energy Funds, Alternative Energy Fares Better
The energy industry lost its power in 2015. The price of oil plummeted, which, while nice at the gas pump, cost investors millions.
