ETFs on the Johannesburg Stock Exchange: A comparative analysis of returns with actively managed funds

Abstract

The study comprehensively analysed select investment instruments in the South African financial landscape, including passive ETFs and actively managed Unit Trust Sector returns. The research was primarily focused on the performance comparison between passive and active funds. The study integrated risk-adjusted performance, performance during market shocks, performance after incorporating management fees, and sector-specific performance. The research findings shed light on the relative merits of these investment options and their implications for investors.