FYI: Since 2002, S&P Dow Jones Indices has published its biannual Indices Versus Active (SPIVA) reports, which compare the performance of actively managed equity funds to their appropriate index benchmarks. The 2018 midyear scorecard includes 15 years of data.
Following is a summary of its findings, which cover various periods ending June 30, 2018:
Regards,
Ted
https://www.etf.com/sections/index-investor-corner/swedroe-time-not-actives-side
