Yes! Forgot about this part. Lots of funds are focused on capital preservation - if the market is down 20% in a year, a funds goal will be to be even (0%) or m

Yes! Forgot about this part. Lots of funds are focused on capital preservation - if the market is down 20% in a year, a funds goal will be to be even (0%) or maybe down slightly like 3-4%. They may be less focused of being up 20% when the market is up 10% and instead may only be up 8%.