Comparing Actively Managed Funds to the S&P 500

Because of their excessive annual fees and poor execution, approximately 80% of mutual funds under-perform the stock market's returns in a typical year. Over the past couple of years, that number has been going up, as mutual funds have been raising their fees to even higher levels.

% of Equity funds that under-performed the S&P 500

The average actively managed stock mutual fund returns approximately 2% less per year to its shareholders than the stock market returns in general.