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Re: vinmantoo post# 242891

Monday, 06/20/2022 2:17:02 PM

Monday, June 20, 2022 2:17:02 PM

Post# of 252428
Yes - although I did make an error on the price comp for XBI - right day wrong year. Over the same period XBI had a much smaller loss (crudely 25% to 50%).

The points all remain the same even if the specific example is less compelling. SPY is up (crudely) 65% over the same period with low fees, a beta of 1, and regular distributions.

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