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U.S. Stock Funds Gain 16.8% YTD Amid Iran Conflict

4/30/2026

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Story summary
  • U.S. stock mutual funds and ETFs rose 16.8% over the 12 months through March despite the war that began when the United States and Israel attacked Iran on Feb. 28.
  • Morningstar said those funds lost only 1.2% in Q1.
  • A stock surge and falling oil after a fragile cease-fire pushed the S&P 500 back to its calendar-year start.
  • Over five years, the funds returned 8% annualized, covering the 2022 inflation spike.