These stock pickers just had their worst month of 2025 at trying to beat benchmarks - MarketWatch
1. Only 31% of active large-cap funds outperformed in July. 2. VONE gained 7.8% this year, benefitting from passive strategies. 3. BofA notes active managers' struggle, with historical underperformance. 4. Investors still prefer active funds despite expensive fees. 5. Russell 1000 benchmarks remain a significant challenge for managers.