Why Most Active Fund Managers Underperform and How VUAA Quietly Wins

How a simple S&P 500 ETF quietly outperforms over 90% of active fund managers in the US and Europe

Over the past decade, countless investors have debated whether it is better to actively pick stocks or to invest in low-cost index funds. The data tells a clear story: in most cases, the market wins. More specifically, a passive investment in the S&P 500 through ETFs like Vanguard’s VUAA consistently outperforms the vast majority of actively managed funds.