Originally Posted by audreyh1
Ahhh - the last THREE years. Well, if 2001 and 2002 had been included I'm not sure index funds would have looked so hot. Certainly not the larger-cap ones....
From the article:
"Similarly, over the past five years, the [S&P 500, S&P MidCap 400, S&P SmallCap 600] outperformed 65.4 percent of large-cap funds, 81.3 percent of mid-cap funds and 72.4 percent of small-cap funds, [respectively]"
Not surprising given their cost advantages. Of course, if you compare small-cap active funds to large-cap index funds, you're comparing apples and oranges.