The iShares Semiconductor ETF tracks semiconductor sector performance with major holdings like Broadcom, Nvidia, and AMD. SOXX has underperformed its benchmark, has a ...
Passive funds aim to mirror their benchmark indexes as closely as possible, making every basis point matter. But perfect tracking is a fantasy. While investors can expect index funds to mimic their ...
So what use is a low TE if that means tracking a benchmark with volatile returns? Table 2 shows the standard deviation (absolute volatility) of the benchmark and, for good measure, the median manager.