The Morningstar US Basic Materials Index underperformed the broader market during the fourth quarter of 2023. The index was up 10.4% during the quarter, but that rally was 110 basis points below the ...
The Morningstar US Basic Materials Index underperformed the broader market during the third quarter of 2023. The index declined 4.6% during the quarter, while the U.S. market index was down 2.3%.