Best Performing Mutual Funds of the Last 10 Years

Updated as of: October 8, 2025

Mutual funds have long been a staple in portfolios for their ability to deliver diversification, professional management, and tailored exposure to specific sectors or asset classes.

Evaluating long-term performance is essential for identifying funds that demonstrate resilience, consistent returns, and strong management practices. This article highlights the best-performing mutual funds over various lookback periods in the last decade. 

To create this list, we analyzed the entire mutual fund universe using the YCharts Fund Screener to find the best-performing US-domiciled equity mutual funds over 1-year, 3-year, 5-year, and 10-year timeframes. (Leveraged and inverse mutual funds as well as those in the alternative currency strategy and options arbitrage strategy peer groups were excluded to focus on long-term investment vehicles that align with broader financial planning goals)

The following best-performing mutual funds are shown with total return, expense ratio and AUM and  metrics to showcase recent trends and shifts. All performance data is standardized to ensure comparability across funds and lookback periods.

Best Performing Mutual Funds in the Last Year

These are the top-performing mutual funds over the past year as of September 30, 2025.

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Best Performing Mutual Funds in the Last 3 Years

These are the top-performing mutual funds on an annualized basis between October 1st, 2022 and September 30, 2025.

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Best Performing Mutual Funds in the Last 5 Years

These are the top-performing mutual funds on an annualized basis between October 1, 2020 and September 30, 2025.

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Best Performing Mutual Funds in the Last 10 Years

These are the top-performing mutual funds on an annualized basis between October 1, 2015 and September 30, 2025.

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What Was the Growth of $10,000 in the Top ETFs Over the Last 10 Years?

If you invested $10,000 10 years ago into any of the ten best-performing mutual funds over the last 10 years, your balance today would be no less than $76K.

The two best-performing mutual funds in the last 10 years were semiconductor funds. A $10,000 investment into the Fidelity Advisor Semiconductors Fund (FELAX) would be worth about $141K today. Behind the Fidelity Advisor Semiconductors Fund was the Fidelity Select Semiconductors Portfolio mutual fund (FSELX); investing $10,000 into FSELX back in 2015 would’ve turned into nearly $110K.

All ten best-performing mutual funds over the last ten years are in the Science & Technology peer group, which has benefitted greatly from the multi-year boom in tech sector stocks.

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Disclaimer

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