It's hard to beat the market. There are people who manage the feat, but they're a tiny minority. 

Interestingly, and maybe not surprisingly, it's easier to beat the market when the market tanks. So in 2021, when the market gained 29%, 85% of money managers underperformed the index. In 2022, when the S&P 500 lost 18%, only 51% of money managers underperformed. And if that seems like success, remember that it's still more than half!

If that still sounds impressive, consider that the market gains annually far more frequently than it loses. That means that overall, the market is much more likely to outperform any actively managed funds.

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Source Fool.com