The Average Large Cap Fund Continues to Struggle
September 23, 2020 at 10:37 AM EDT
By Todd Rosenbluth, CFRA Key Takeaways More than seven of ten active large-cap mutual funds failed to outperform the S&P 500 Index in the three-year period ended June 2020, rewarding the $667 billion of assets held in related index-tracking ETFs led by SPDR S&P 500 ETF (SPY). Despite the...