Individual U.S. Stocks vs U.S. Stock Mutual Funds and ETFs
Source: Morningstar as of 12/31/18. Mutual Funds and ETFs are the Morningstar US Equity Category, oldest share class only. US Individual Stocks are the Morningstar US Stock universe, all securities on the NYSE and NASDAQ. Analysis does not include obsolete mutual funds, ETFs or stocks as defined by Morningstar.
Performance is historical and does not guarantee or indicate future results.