Stock sectors with the heaviest amount of passive ownership—by index funds and sector-focused ETFs—fell even more than the broad market during the selloff this year, a study found. The question is whether this says something about how index funds perform in a crisis, compared with actively managed funds, or is just a reflection of how certain sectors were more vulnerable to the selling pressure. Investors...

Source: Wall Street Journal May 04, 2020 02:03 UTC