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2001 Review: Charting a Tempest-Tossed Year

12/24/01 - 07:25 AM EST

Ian McDonald

For the second year in a row, stock funds sank, while bond funds kept chugging along. The charts below give you the details. To screen for this year's best and worst performers in different fund categories, check out our Fund Finder tool.


Bonds Win Again
Bond funds beat stock funds for the second year in a row
Category YTD Return Three-Year Return
Taxable Bond Funds 5.3% 4%
Municipal Bond Funds 3.7 3.2
U.S. Stock Funds -12 4.7
Foreign Stock Funds -18.5 0.8
Source: Morningstar, returns through Dec. 19.


Small and Cheap
It paid to think that way this year
Fund Category YTD Return Three-Year Return
Small-Cap Value 14.9% 14%
Small-Cap Blend 6.4 13.3
Mid-Cap Value 4.6 11.3
Domestic Hybrid -4.4 2.8
Mid-Cap Blend -5.9 8
Large-Cap Value -6.4 3.1
Small-Cap Growth -10.5 11.6
Large-Cap Blend -13.8 0.4
Mid-Cap Growth -22.2 7.4
Large-Cap Growth -23.5 -1.3
S&P 500 -12.5 -0.1
Source: Morningstar, returns through Dec. 19.


Tech Wreck
Tech funds were the worst sector-fund and stock-fund category for the second year in a row
Sector-Fund Category YTD Return Three-Year Return
Real Estate 7.6% 10.1%
Financial -4.1 6.7
Health Care -14.4 16.9
Natural Resources -14.4 13.8
Utilities -22.8 -0.4
Communications -35.7 -4.8
Technology -37.2 1.4
S&P 500 -12.5 -0.1
Source: Morningstar, returns through Dec. 19.


Why You Shouldn't Ignore Bonds
Bonds improbably beat stocks for the second year in a row
Bond-Fund Category YTD Return Three-Year Return
Emerging Markets 10.1% 16.3%
Short-Term Bond 7.1 5.7
Intermediate-Term Bond 6.9 5
Short-Term Government 6.9 5.5
Long-Term Bond 6.8 4.2
Intermediate-Term Government 6.6 5.3
Long-Term Government 5.1 4.2
Multi-Sector 3.5 2.7
High-Yield 1 -1
Avg. Bond Fund 5 3.9
S&P 500 -12.5 -0.1
Source: Morningstar, returns through Dec. 19.



Top 10 Funds
Da, Pilgrim Russia tops the list
Fund YTD Return Three-Year Return
LETRXPilgrim Russia 69.9% 53.9%
SMCFXSchroder Ultra 69.7 104.8
MAKOXMatthews Korea 62.5 22.9
AMFVXAmeristock Focused Value 56 N/A
CORBXCorbin Small-Cap Value 50.9 17.1
CGMFXCGM Focus 47.3 38.6
WMICXWasatch Micro Cap 44.5 41.8
BPSIXBoston Partners Small Cap 43.8 32.5
AVALXAegis Value 39.2 22.4
FRMCXFranklin MicroCap Value 37.6 14.8
S&P 500 -12.5 -0.1
Source: Morningstar, returns through Dec. 19.



Bottom 10 Funds
ProFunds Ultra Internet had an ultra-terrible year
Fund YTD Return Three-Year Return
INPSXProFunds Ultra Internet -76.2% N/A
BFOCXBerkshire Focus -70.9 -12.7
BTECXBerkshire Technology -69.8 N/A
MCFOXMerrill Lynch Focus Twenty -69.6 N/A
UOPSXProFunds UltraOTC -67.2 N/A
RYVYXRydex Velocity 100 -66.8 -33.9
VWMDXVan Wagoner Mid-Cap Growth -66 -13.2
VTFBXVan Kampen Technology -63.7 N/A
IGCBXPilgrim Global Communications -63.6 N/A
VTFAXVan Kampen Technology -63.5 N/A
S&P 500 -12.5 -0.1
Source: Morningstar, returns through Dec. 19.

Ian McDonald writes daily for TheStreet.com. In keeping with TSC's editorial policy, he doesn't own or short individual stocks. He also doesn't invest in hedge funds or other private investment partnerships. He invites you to send your feedback to imcdonald@thestreet.com, but he cannot give specific financial advice.


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