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A comment on Robinhood now valued at $11.2B with new fund backing. Parent comment

Re:Robinhood now valued at $11.2B with new fund backing by nojito on Monday August 17, 2020 @07:52PM (#24193671)
A fund like psldx magnifies in both directions.

It’s easy to get enamored when the market is doing well.

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Re:Robinhood now valued at $11.2B with new fund backing by atombender on Monday August 17, 2020 @10:38PM (#24194726)
I would say that PSLDX has proven itself. Max drawdown since inception (2008) is about the same as VFINX, less than VTIAX/VGTSX. Return in 2008 was -33%, compared to -37% for the S&P 500. In March, it dipped more than the S&P, but not terribly so. The only year it didn't significantly outperform the S&P was 2013.
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