Once-hot Wall Street funds unravel fast with no one to save

April 19, 2025

In the grip of the tariff fallout, 90 of the top 100 best-performing exchange-traded funds of last year are down in 2025, with an average loss of 13%, according to Bloomberg Intelligence. At the same time, dormant trades of all sorts have staged a comeback: Nine of the 20 worst-performing equity mutual funds of 2024 are posting positive returns this year.

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