More evidence that broad-market index funds remain unbeatable, even in the era of AI stock-picking

More evidence that broad-market index funds remain unbeatable, even in the era of AI stock-picking More evidence that broad-market index funds remain unbeatable, even in the era of AI stock-picking Two out of three large-cap funds lagged the S&P 500 in the first half of the year There’s plenty of evidence that, if you were to pick a mutual fund at random, the odds are high that it will lag the S&P 500. /iStock Picking market-beating stocks has not become any easier this year, according to the latest S&P Dow Jones Indices report on mutual-fund performance. For the first six months of this year, according to the company’s recent report, 67% of large-cap domestic equity funds underperformed the S&P 500 . That’s almost precisely the average extent of underperformance in each of the past 25 years.

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