History Says This Bargain ETF Can Beat Professional Stock-Pickers. What Makes It So Special?
It's not easy being a professional stock picker. Data shows that the majority of actively managed funds -- that is, funds that buy and sell investments to try to beat the market -- fail to outpace the market's performance over the long term.
Those statistics have resulted in a huge interest in index funds, which passively invest in a certain collection of stocks. These funds don't try to beat the market -- they simply try to track the market's performance. As the old adage goes, if you can't beat 'em, join 'em.
There is one exchange-traded fund (ETF) in particular that investors have been relying on for years to match the market's performance.
Source Fool.com
