5 Worst Performing Mutual Funds in 2023

4. Voya SmallCap Opportunities Fund (NASDAQ:NSPCX)

Year to Date Return: -25.60%

Voya SmallCap Opportunities Fund (NASDAQ:NSPCX) has $89 million in net assets and was set up in 1999. The fund invests primarily in small cap stocks, and its benchmark index is the Russell 2000 Growth Index. Naturally, since the fund tracks a growth index, its forward price to earnings ratio is 24.27. Healthcare, industrial, and information technology stocks account for more than two thirds of the Voya SmallCap Opportunities Fund (NASDAQ:NSPCX)’s holdings.