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Passive funds are better then active?

I have seen some old references that passive funds outperform active in the long term. I have been looking for recent studies like 2005+?
Anyone crossed any of those?

1 response

Standard and Poors provides passive vs active data on an ongoing basis. via their SPIVA Scorecard. Link to year-end 2014 http://www.spindices.com/documents/spiva/spiva-us-year-end-2014.pdf . There should be a new mid-year 2015 issue coming out in the near future..