Published October, 2024. Author: John Sindreu
“The performance record isn’t great. Over the past 15 years, these vehicles have delivered an average annual return of 12.4% in U.S. blue-chip stocks, compared with 13.5% for their passive brethren, or 12.6% for active open-ended mutual funds. Fees, which average 0.31% for active ETFs and 0.07% for their passive counterparts, add to the performance drag.”MSN Link (originally WSJ)