Using a representative sample of US-domiciled mutual fund returns from Morningstar, the report documents the power of market prices by assessing fund returns over multiyear periods. The exhibits include data visualizations of fund survivorship and outperformance, persistence of top-quartile funds, and the impact of high fees and turnover on manager performance.
Dimensional’s 2019 analysis of US-based mutual funds shows that only a small percentage of funds have outperformed their primary benchmarks after costs—and among top-ranked funds based on past results, only a small percentage have repeated their past success.
What does a century of economic cycles teach investors about investing? DFA's interactive exhibit examines…
August 2022 U.S. equities enjoyed a strong rebound in July with gains extending across all…
July 2022 U.S. equities suffered broad declines in June with losses extending across all capitalization…
Economist Jeremy Siegel believes that stocks are close to the bottom despite ongoing volatility.Sizzling inflation…
June 2022 After some sharp daily declines, U.S. equities rallied back toward the end of…