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Tag: U.S. Stocks

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Passive funds were heavily favored over active, as investors continued to trend towards low-fee, broad-market products to take advantage of the ongoing global bull market, showing a particular preference for exchange-traded funds, which sit at the center of all these trends. However, the returns side of the equation was more nuanced, as active managers staged their best aggregate performance in years, helped by a long-awaited rise in stock dispersions.

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