CNBC Pro

Active investors had an awful year in 2021 as the market surged. What they consistently do wrong

A specialist trader works inside his post on the floor of the New York Stock Exchange (NYSE) in New York City, March 10, 2022.
Brendan McDermid | Reuters

Stock pickers continue to underperform, and it isn't getting any better.

The S&P Dow Jones Indices annual SPIVA survey on the performance of active mutual fund managers indicates that 79% of these managers underperformed their benchmarks last year.

More In Pro Insight

CNBC ProThe worst first half for stocks since 1970? It's not as bad as it looks. 
CNBC ProThe market comeback attracts big retail buying, notably in these tech stocks
CNBC ProGoldman says buy these global stocks to play a $900 billion EV opportunity — and names one with over 50% upside