Because USMV's market - like returns have come with less risk, its risk - adjusted returns (a measure of how much risk is involved in generating a security's return) have been better than 99 % of large -
cap domestic equity mutual funds and ETFs since its inception.2
As I mentioned in the past, all our
mutual fund investments are actively managed
funds, in the large -, mid - and small -
cap categories that covers both
domestic and foreign
equities, as well as precious and real estate.