4 ms·
The dow is price weighted. Vanguard, being a sort of non profit, probably doesn't want people investing in an obviously horrible index that should have gone awa
by staticman2 2y ago
The dow is price weighted. Vanguard, being a sort of non profit, probably doesn't want people investing in an obviously horrible index that should have gone away decades ago.
- Ekaros 2y agoThey don't care about people investing in losing bets. But they care about wasting resources on running stuff that does not sell. And not having a plus followed by big number and percentage sign in column next to name is bad seller. In the end how funds are marketed and presented is important part to understand. Also it is better for them to sell actively managed fund with bigger number on it than index with negative one.