Personal Investments • active funds that beat index over last decade

Following information was presented in recent Jason Zweig column in the WSJ:

Over the past decade, an annual average of only 27.1% of actively managed funds benchmarked to the S&P 500 beat it. (Jason Zweig, WSJ, "Why Your Fund Manager Can’t Beat Today’s Stock Market", 7/5/2024)

This was higher than I would have assumed. I recall John Bogle providing similar data and mentioning complicating factors in the analysis such as fund companies closing down unsuccessful funds, before tax vs after tax performance, etc. If you go further out in time or try to adjust for these factors seems like the % of active funds beating the index was less than this. Or am I misremembering Mr. Bogle's previous work?

Statistics: Posted by bb — Sat Jul 06, 2024 8:59 pm — Replies 3 — Views 386

---