Looking for mutual funds for your investment portfolio or retirement account? This list highlights the best U.S. diversified stock funds to consider now, based on each fund outperforming the S&P 500 over the last one-, three-, five- and 10-year periods.
These IBD Best Mutual Funds Awards winners for 2023 have shown the ability to outperform over both the short and long term. Shaded cells below indicate the best of these funds based on 10-year performance. Of 1,302 U.S. diversified stock funds at least 10 years old, 30 of them, or 2%, won awards.
For more details, read the overview article on our 2023 mutual funds study, or see the list of all IBD Best Mutual Funds in every category, including bond funds; breakouts of large-cap, midcap and small-cap funds; and breakouts of value, blend and growth stock funds.
All returns are as of Dec. 31, 2022.
Best U.S. Diversified Stock Funds
| Mutual Fund | Symbol | 1-year total return | 3-year average total return | 5-year average total return | 10-year average total return | Morningstar category | Closed to new investors |
|---|---|---|---|---|---|---|---|
| Benchmark: S&P 500 | -18.11% | 7.66% | 9.42% | 12.56% | |||
| Kinetics Small Cap Opportunities | KSCOX | 31.96 | 26.6 | 20.93 | 18.07 | Small Growth | No |
| Oberweis Micro-Cap | OBMCX | -10.61 | 21.22 | 13.76 | 17.26 | Small Growth | No |
| Kinetics Paradigm No Load | WWNPX | 29.18 | 22.62 | 17.84 | 16.5 | Midcap Growth | No |
| Kinetics Market Opportunities No Load | KMKNX | 14.98 | 20.74 | 14.01 | 15.71 | Midcap Growth | No |
| Kinetics Spin-Off and Corp Rest Adv A | LSHAX | 39.45 | 27.94 | 20.32 | 14.63 | Midcap Growth | No |
| Oberweis Small-Cap Opportunities | OBSOX | -11.17 | 19.1 | 14.41 | 14.62 | Small Growth | No |
| Parnassus Value Equity Investor | PARWX | -13.81 | 12.92 | 10.67 | 14.51 | Large Value | No |
| Virtus KAR Small-Cap Core I | PKSFX | -10.86 | 8.76 | 12.09 | 14.43 | Midcap Growth | No |
| Calvert Equity A | CSIEX | -17.58 | 9.71 | 13.62 | 13.85 | Large Growth | No |
| AMG Renaissance Large Cap Growth Z | MRLIX | -16.83 | 10.39 | 11.17 | 13.82 | Large Growth | No |
| Natixis Vaughan Nelson Select Y | VNSYX | -16.65 | 11.32 | 10.97 | 13.78 | Large Blend | No |
| Value Line Mid Cap Focused | VLIFX | -9.56 | 9.16 | 13.00 | 13.54 | Midcap Growth | No |
| DFA US Large Cap Growth Instl | DUSLX | -15.56 | 9.26 | 11.06 | 13.53 | Large Growth | No |
| Federated Hermes MDT All Cap Core IS | QIACX | -14.03 | 11.21 | 11.22 | 13.45 | Large Blend | No |
| Jensen Quality Growth J | JENSX | -16.52 | 8.72 | 11.12 | 13.38 | Large Blend | No |
| Smead Value Investor | SMVLX | -2.78 | 12.11 | 11.12 | 13.32 | Large Value | No |
| Putnam Core Equity Fund Y | PMYYX | -15.87 | 8.98 | 9.57 | 13.32 | Large Blend | No |
| GMO Quality IV | GQEFX | -15.17 | 8.27 | 10.95 | 13.07 | Large Blend | No |
| SEI Dynamic Asset Allocation A (SIIT) | SDLAX | -16.09 | 10.05 | 9.44 | 13 | Large Blend | No |
| Hartford Stock HLS IA | HSTAX | -5.14 | 9.94 | 11.73 | 12.98 | Large Blend | No |
| Vanguard Dividend Growth Inv | VDIGX | -4.88 | 9.99 | 11.79 | 12.96 | Large Blend | No |
| Goldman Sachs Flexible Cap Institutional | GILLX | -16.98 | 8.61 | 9.77 | 12.94 | Large Blend | No |
| JPMorgan Equity Focus I | JPFSX | -17.62 | 8.61 | 9.6 | 12.89 | Large Blend | No |
| T. Rowe Price Dividend Growth | PRDGX | -10.23 | 8.83 | 10.81 | 12.81 | Large Blend | No |
| MassMutual Equity Opports R5 | MFVSX | -4.57 | 8.73 | 10.37 | 12.78 | Large Blend | No |
| Neuberger Berman Large Cap Value Inv | NPRTX | -1.22 | 13.15 | 12.21 | 12.71 | Large Value | Yes |
| Victory Sycamore Established Value R | GETGX | -3.03 | 11.02 | 9.45 | 12.64 | Midcap Value | Yes |
| MainStay WMC Enduring Capital A | MSOAX | -13.22 | 10.62 | 9.56 | 12.63 | Large Blend | No |
| Centre American Select Equity Inv | DHAMX | -3.31 | 17.22 | 12.56 | 12.58 | Large Blend | No |
| Manor Growth | MNRGX | -17.37 | 10.2 | 10.35 | 12.56 | Large Growth | No |
Sources: IBD, Morningstar Direct
The 2023 Best Mutual Funds logo and accolades are available for licensing through Investor's Business Daily's partner, The YGS Group. For more information and ordering, please visit www.IBDlicensing.com or call 800-290-5460.
Go Inside The No. 1 Stock Fund On Our Best Mutual Funds List
Read More About The Findings Of Our 2023 Mutual Funds Study
See The List Of 2023 Best Mutual Funds In Every Category
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