5 Best Mutual Funds for 2021

3. Bridgeway Ultra Small Company Market Fund (NASDAQ: BRSIX)

Year-to-Date Return: 35.13%%

Bridgeway Ultra Small Company Market Fund (NASDAQ: BRSIX) is a Texas-based mutual fund that invests at least 80% of net assets in companies with ultra-small market capitalizations in the United States. The fund is ranked third on our list of 10 best mutual funds for 2021.

Bridgeway Ultra Small Company Market Fund (NASDAQ: BRSIX) has more than $370 million in net assets under management with a holdings turnover of 51%. The expense ratio for the fund is 0.94%.

A top holding of the fund is Aclaris Therapeutics, Inc. (NASDAQ: ACRS), the Pennsylvania-based biotechnology company. Bridgeway Ultra Small Company Market Fund (NASDAQ: BRSIX) has invested 1.46% of assets in Aclaris Therapeutics, Inc. (NASDAQ: ACRS).

At the end of the first quarter of 2021, 30 hedge funds in the database of Insider Monkey held stakes worth $655 million in Aclaris Therapeutics, Inc. (NASDAQ: ACRS), up from 23 in the preceding quarter worth $136 million.