Yeah and you probably have to. An ETF easily has >1000 different stocks and even being weighted. So it has a completely different risk appetite by being so averaged.
But ETFs do have to follow particular rules defined by their product description. So it is still interesting to benchmark against.
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Sure, but why would the organizations managing ETFs employ the same low cost agents + their own insights and provide a better return.
Yeah and you probably have to. An ETF easily has >1000 different stocks and even being weighted. So it has a completely different risk appetite by being so averaged.
But ETFs do have to follow particular rules defined by their product description. So it is still interesting to benchmark against.