Worst-performing equity funds in the first quarter
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Amid the uncertainty created by the war in Ukraine and inflationary pressures, the financial markets experienced considerable volatility during the first three months of 2022. The S&P 500 Index lost 4.9% during the quarter, while the Nasdaq was down more than 7%.
A Morningstar Inc. ranking of the best-performing stock funds was largely populated by funds in the energy sector.
The worst-performing funds of Q1 are more diverse. Click through to see Morningstar's ranking of the 15 stock funds that fared the worst over the first three months of this year.