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%.
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 ...