Below is a list of the Top 50 Hedge Funds for 2009. (Based on 2009 YTD Performance):
| Fund | Country of Domicile | 2009 YTD Return |
| GJ Investment Funds | USA | 594.00% |
| LaGrange Special Situations Yield | Cayman Islands | 457% |
| CKP Masters Aggressive Program | Switzerland | 257% |
| LaGrange Capital Partners | USA | 218% |
| Gaia Resources Fund | Cayman Islands | 215% |
| Group G Investments | British Virgin Islands | 202% |
| BTR Global Energy Fund | Cayman Islands | 193% |
| RAB Northwest Warrant Fund | Cayman Islands | 192% |
| Russian Prosperity B | Cayman Islands | 189% |
| Russian Prosperity C | Cayman Islands | 187% |
| Constellation Fund Equities | USA | 186% |
| Russian Prosperity A | Cayman Islands | 184% |
| Prosperity Cub | Cayman Islands | 181% |
| Senvest Partners | Cayman Islands | 179% |
| MMA Multigestion Emergents | France | 176% |
| Vltava Sicav | Malta | 173% |
| Troika Russia Fund | Cyprus | 168% |
| Dynamic Power Hedge | Cana | 160% |
| Kaltchuga Fund | British Virgin Islands | 161% |
| Loyola Capital Partners | USA | 158% |
| Salida Multi Strategy | USA | 156% |
| AUK Capital Partners | USA | 154% |
| Loyola Capital Fund | USA | 154% |
| FAMA Brazil Challenger Equity | Cayman Islands | 150% |
| Gerbino Gold Group | USA | 147% |
| Victoire Selection Brazil | Cayman Islands | 147% |
| Polo Fund | Cayman Islands | 143% |
| Olesen Capital | USA | 142% |
| ALphaNorth Partners Fund | Canada | 142% |
| UFG Russia Alternative Fund | Cayman Islands | 142% |
| GFTC New Value Trust | Canada | 141% |
| Thunder Silver Partners | USA | 140% |
| The Prosperity Quest Fund | Cayman Islands | 140% |
| Zhongyuan Licai Hongli Longying Trust | China | 137% |
| Golden China Fund | Cayman Islands | 137% |
| Front Street Candian Energy Fund | Canada | 136% |
| Ocean Star Fund | China | 136% |
| Southridge Partners | USA | 136% |
| Andromeda Global Credit | USA | 135% |
| Golden China US Fund | Cayman Islands | 135% |
| Investcorp Silverback Arbitrage | USA | 135% |
| Barnegat Fund | Bermuda | 132% |
| Concise Capital Offshore Fund | Cayman Islands | 132% |
| Meridian Glb Gold & Resources | British Virgin Islands | 130% |
| Elevated Value Focus | USA | 127% |
| Thunder Gold Partners | USA | 127% |
| FPP Yellow Tiger China Fund | Cayman Islands | 126% |
| India Synthetic Warrant Fund | Guernsey | 125% |
| Skopos Fund | Cayman Islands | 124% |
| CAAM Invest | Luxembourg | 124% |
You will notice that most of the best performing hedge funds in 2009 are commodity and emerging markets funds.
