Mean

Median

Standard Deviation

Number of funds

286

Number of active funds

56

Number of passive funds

230

Monthly fund data observation

20,901

69

111

Number of funds per month

115

Number of index funds per month

98

65

91

Index Fund

TNA net assets (million)

2045.349

536.408

4231.868

Years

6.7

7

4.5

Expense ratio (%)

0.8205702

0.6

0.2871156

Turnover ratio (%)

0.54

0.64

0.33

MKT loading

0.0084151

0.0146317

0.0786912

SMB loading

0.0147413

0.0119753

0.0478572

HML loading

0.0007849

−0.0022914

0.044368

UMD loading

0.0005002

−0.0029176

0.0505348

Active fund

TNA net assets (million)

1383.557

786.9958

1684.262

Years

4.6

5

4.2

Expense ratio (%)

1.712037

1.75

0.220406

Turnover ratio (%)

0.85

0.75

0.46

MKT loading

0.0104498

0.0156905

0.0825392

SMB loading

0.0142288

0.0105032

0.051743

HML loading

0.0023148

0.0009942

0.0489099

UMD loading

−0.0022328

−0.0038237

0.0500066