Openfolio Users: Indexing Approach and Manufacturing Bias

openfolio users: How much did those eschewing the indexing approach miss out on A lot, actually, according to Market Watch. Returns among Openfolio users averaged a relatively scant 5.2%. Still, a win's a win, and a solid 77% of investors managed to turn a profit last year, compared with just a third in 2015. The average investor no shocker here couldn't keep pace, according to Openfolio, an app where more than 80,000 users share information about their portfolio. Interestingly, the buy what you know theme played out again in 2016, much like it did last year. The Dow industrials DJIA, -0.32% on the other hand, hammered out a 13.4% advance to help the Midwest and its manufacturing bias to an 8.9% push. Just as the tech-heavy Nasdaq COMP, -0.29% underperformed both the Dow and the S&P SPX, -0.21% over the past 12 months, investors in the West trailed their peers in other parts of the country with a 5.9% tally. (news.financializer.com). As reported in the news.