Active vs. Passive - Bi-Annual Benchmark

Like this a lot.

One disclaimer.

Realize this is not risk adjusted.  I am a big believer in indexes and cost management.  That said, I don't want to throw out risk when I make my evaluation.

For equities, I supplement with low volatility indexes and other risk-adjusted indexes.

For fixed income, there are 9 sectors.  Passive indexes fail to give the best diversification in this space.

http://us.spindices.com/documents/spiva/spiva-us-mid-year-2013.pdf