Active Stock Pickers Trail Passive S&P 500 ETFs
August 29, 2014 at 08:20 AM EDT
Active mutual funds promise to generate greater alpha, but investors may be better off with index-based exchange traded funds as many active strategies fall short. According to S&P Capital IQ Fund Research, 80% of running large-cap mutual funds have underperformed the S&P 500 in 2014,...