Evaluating the Gap Between U.S. Investor Returns and Official Total Returns

How do U.S. investor returns compare to official total returns? We find that the gap between these two figures varies by fund volatility, category, and asset class. In this report, we dig into these nuances and explore how differences in the timing of cash flows, sequence of returns, and asset size can impact this gap.

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In this report, you will learn:
  • Our analysis of how returns break down across asset classes
  • How return gaps are trending over time across category groups
  • The impact a dollar-cost averaging approach to investing would have on returns