It can't be said that when the market is good, it is a so-called bull market, and equity funds can earn more than 100%. When the market is bad, like this year's bear market, most equity funds are losing money. The same is true of hybrid funds.

Other money funds, capital preservation funds, some absolute income funds and so on, the income is generally 3-5%, which is definitely lower than the bull market, but higher than the bear market, isn't it?

The so-called year-by-year risk return is like this.