2020's Big Market Moves Catch Most Active Funds Flat-Footed
Just 49% of the nearly 3,500 active funds included in our analysis survived and outperformed their average passive counterpart in 2020. This number isn't far off from what it was when we assessed these funds in mid-2020, reinforcing the view we shared then: There's little merit to the notion that active funds are more capable of navigating market volatility. We further analyze these findings in the year-end 2020 installment of the Morningstar Active/Passive Barometer, a semiannual report that measures the performance of U.S. active funds against passive peers in their respective Morningstar C...
Source: morningstar.com