The year’s best fund performance among non-leveraged diversified stock funds was by Dynamic U.S. Growth Fund; DWUGX soared 52%. Sibling Dynamic Gold & Precious Metals Fund had the best results of all — DWGOX was up 71%.
The list of top exchange-traded funds meanwhile, was a Who’s Who of metals- and commodities-sector luminaries: iShares Silver Trust SLV was up 80%. Market Vectors Junior Gold Miners ETF GDXJ was up 64%, ProShares Ultra Basic Materials UYM gained 57%. The biggest gold ETF, SPDR Gold Shares GLD added about 28%.
China microcap stocks greatly underperformed the US indexes this year .... it was a bad year for the entire niche, although the large and midcap China stocks did much better. If I get the chance I'll post some annual return figures based on market cap.
Of course the big picture is really what counts .... CHVMC09 was up 186%, so huge outperformance versus the US indexes.
It will be interesting to see what happens in 2011 ...