According to the Standard & Poor’s Indices
Versus Active Funds Scorecard (SPIVA), the S&P MidCap
400 bested 80.4% of mid-cap funds through June, while the
S&P SmallCap 600 outpaced 73.1% of small-cap
However, longer-term results continue to find the indices over a majority of active funds, S&P said. Over the past three years, the S&P 500 has outperformed 74.5% of large-cap funds, the S&P MidCap 400 has outperformed 79.1% of mid-cap funds, and the S&P SmallCap 600 has beaten out 76.8% of small-cap funds. Similarly, over the past five years, the S&P 500 has bested 61.8% of large-cap funds, the S&P MidCap 400 has won out over 80.8% of mid-cap funds, and the S&P SmallCap 600 has outstripped 72.7% of small-cap offerings.
The complete second quarter SPIVA scorecard, as well as previous quarterly SPIVA reports, is at www.spiva.standardandpoors.com .