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Passive Investors Aren't That Passive

Research from Vanguard's Jim Rowley shows investors are using passive products to create active portfolios.

Christine Benz: Hi, I'm Christine Benz from Morningstar.com. Investors have been gravitating toward passive products, but are they tracking the market's performance? I recently sat down with Vanguard's senior investment analyst, Jim Rowley, to discuss some research on that topic.

Jim, thank you so much for being here.