Percentage of large-cap funds beating their benchmarks*

*Percent of funds outperforming the benchmark is based on Russell 1000 benchmark for all funds prior to 2015 and the fund's respective benchmark (R1000 for Core funds, R1000 Value for Value funds and R1000 Growth for Growth funds) in 2015 and onward. Note: the data in the grayed area are the result of a backtest and subject to a survivorship bias.