Low Fees Help Passive, Index-Based ETFs Shine

The underperformance of many high-cost open-end mutual funds has pushed many investors toward cheap, index-based exchange traded funds. Year-to-date through December 8, the average large-cap core mutual fund rose 10.5%, compared to the S&P 500’s 12.2% gain, Todd Rosenbluth, Director of ETF & Mutual Fund Research at S&P Capital IQ, said in a note. “As…Click to read more at ETFtrends.com.