% of Large-Cap Mutual Funds Outperforming their Benchmarks With 51% of large-cap mutual funds beating their benchmarks year-to-date, surpassing the long-term average, it’s a positive sign. However, historically, most active funds have struggled to consistently beat their benchmarks. Image: Goldman Sachs Global Investment Research
Performance – % of S&P 500 Stocks Outperforming the Benchmark by Year Market leadership has diversified in 2025. Unlike the 2023/2024 period when a few large tech companies led the way, now nearly half of S&P 500 stocks are outperforming the index. Image: Yahoo Finance
% of Large Cap Active Funds Outperforming Russell 1000 Benchmarks in May Best May in history for actively managed large-cap funds. But can active large-cap funds outperform benchmark over a full market cycle? Image: BofA US Equity & Quant Strategy
Performance – % of Large-Cap Active Funds that Outperformed their Russell 1000 Benchmarks in January January was a tough month for large-cap active funds. Image: BofA Global Investment Strategy
Percentage of Active Funds Beating the Benchmark The chart shows how difficult it is for most active funds to beat the benchmark over time. Image: BofA US Equity and Quant Strategy
Performance vs. Benchmark Based on Gender of Portfolio Manager This year, women fund managers are beating their male counterparts in picking stocks. Image: Goldman Sachs Global Investment Research
S&P 500 and Large-Cap Funds Outperformance Over Benchmarks Only 28% of large-cap funds are outperforming their benchmarks this year. Image: Goldman Sachs Global Investment Research
U.S. Active Fund Managers vs. Benchmarks It is hard for active fund managers to beat their benchmarks over the long term. Image: Financial Times
Chinese 5-Year Benchmark Yield Leads Global Manufacturing PMI Great chart suggesting that the Chinese 5-year benchmark yield leads global manufacturing PMI by 18 months. Image: Nordea and Macrobond
Probability of U.S. Recession As Priced Across Asset Classes The S&P 500 is pricing in about a 25% chance of a recession, which is lower than signals from copper prices or the yield curve, but higher than the recession probabilities implied by global equities or high-yield credit markets. Analysts often use the current percentage change…
Arithmetic Average Annual Real Return of S&P 500 over Different Periods U.S. equity investors often look to long-term historical stock market returns as a benchmark, wondering if current returns will revert to their historical averages. Image: Real Investment Advice