Active funds beat passive in large caps, data shows
In short
Active funds did better than passive funds in large caps, with an 88% success rate. The report also says more than half of active funds beat passive ones over one, three and five years, but less than 40% did so over 10 years.
This matters to investors choosing between active and passive products. The exact funds and study details are not stated in the available reporting.
What the reporting says
Active funds outperformed passive funds in large caps in the reported study, with an 88% success rate. The summary says more than 50% of active funds also beat passive counterparts over one-, three- and five-year periods, but the 10-year success rate was below 40%. The source does not name the funds, the benchmark, or the time period studied.
Why it matters
The reported study says active funds beat passive funds in large-cap investing, with an 88% success rate. It also says more than half of active funds outperformed over one-, three- and five-year periods, while the 10-year success rate fell below 40%. For mutual fund investors and asset managers, the takeaway is that short- to medium-term active performance looked stronger than long-term results in the available summary.