s******d 发帖数: 323 | 1 they compare the index (without expense, or the minimum expense) against
all active funds.
1) many active funds are obviously losers, e.g. very high expense ratio,
high front/back end load funds, poor management, etc. yes, they are
included. If you want a fair comparison, please at least add those
SP500 index funds with 2% expense ratio or more in too.
2) many active funds are not trying to minimize the risk while
maintaining similar performance. they have less standard deviation
and have compar |
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