New US-only SPIVA Scorecard from S&P Global just got released yesterday for 2021 and can be found here.
Full report here.
79.6% of domestic equity funds lagged the S&P Composite
1500®
in 2021
Among domestic equity funds, while 90%
have underperformed the S&P Composite 1500 over the past 20 years, an even greater 95% did
so on a risk-adjusted basis
Over 20 years, nearly 70% of domestic equity funds and twothirds of internationally focused equity funds across segments were confined to the history books
Highest chance for outperformance with an active fund was in real estate:
