Share of Passive vs. Active Equity Funds

Share of U.S. Equity Mutual Fund and ETF AUM Passive U.S. equity funds surpassed active ones in 2020. Investors prefer them for their lower fees, potential tax benefits, and doubt in active fund managers’ ability to consistently outperform the market. Image: Goldman Sachs Global Investment Research

Passive vs. Active Rolling 6-Month Flows

Passive vs. Active Rolling 6-Month Flows Flows into passive mutual funds and ETFs continue to surpass those into active funds. This trend is driven by factors such as lower costs, strong performance, and the rise of ETFs. Image: Goldman Sachs Global Investment Research

Passive Global Equity Flows

Passive Global Equity Flows Outflows from passive global equity funds are large. Image: BofA Global Investment Strategy

Active vs. Passive ETFs

Active vs. Passive ETFs Will actively managed ETFs continue to shine in 2021? Image: Bloomberg