September 19, 2023 BY Elizabeth Anderson
ETFs and mutual funds rise against their passive counterparts
In August alone, active ETFs garnered $9.8bn in investor cash compared to $9.5bn pulled by passive funds. For every $4.06 made from passive funds, active ETFs have gained $1 over the last 12 months. The gap appears larger; however, three years ago, passive funds registered $6.02 for every $1 of active ETFs. That being said,…
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