4 ms·
The S&P 500 is selected by a committee vote, so every inclusion is an active decision. There are hundreds of large companies excluded from it for arbitrary reas
by Kranar 5y ago
The S&P 500 is selected by a committee vote, so every inclusion is an active decision. There are hundreds of large companies excluded from it for arbitrary reasons, including Dell, Snapchat, Square and literally hundreds of others.
- thaumasiotes 5y agoBut your grandparent comment isn't complaining about an inclusion. Exclusion is almost always a passive decision, as it was in this case.
- astrange 5y agoYes, the S&P 500 is an active index. Its ETFs are passive because they only track that index.