Massive swing in return since ~3 days ago without a corresponding change in stock price? Why?
On my Fidelity dashboard, in the fund performance view, the reported YTD and 1 year returns for one of my mutual funds plummeted since ~3 days ago, with no corresponding drop in fund price. Other securities I own were unaffected, including the other mutual fund I have. Why would this happen?
The fund is ARTIX. Fidelity reported ~38% 1 year return about 3 days ago. Today, it is 28%. About three days ago, the fund had been placing at the top of the list when I sort by YTD or 1 year return. Today it lands around the middle of the pack. And yet the stock price has only moved a little bit.
u/Due-Farrar9261 — 4 days ago