4 ms·

I guess nobody ever invests in index funds, then.

• goldfeld 10y ago
  The members of an index fund are supposed to have little correlation; not the same goes for Alphabet's divisions.
  • twblalock 10y ago
    Quite a few index funds comprise members that have very high correlation with each other, e.g. funds that track sector-specific indexes in health care, natural resources, etc.
• hueving 10y ago
  An index fund won't suddenly invest in unicorns or whatever else on a whim. They follow a particular plan (e.g. track a sector, track the S&P, whatever).