American Association of Individual Investors

American Association of Individual Investors

Energy and Commodities Dominate in First-Quarter 2026

The top 25 and bottom 25 exchange-traded funds (ETFs) and mutual funds for the first quarter of 2026.

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AAII
May 18, 2026
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These tables show the top 25 and bottom 25 exchange-traded funds (ETFs) and mutual funds for the first quarter of 2026. Energy’s dominance was linked to geopolitical uncertainty. Oil-themed commodity funds were lifted by surging oil prices. Digital assets and growth-oriented funds underperformed. Rising uncertainty from trade tensions and the Iran war along with interest rate concerns quelled investors’ appetites for risk.

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