While by "the end of May 2024, passive mutual funds and ETF assets" had "grown to nearly 60% of the equity fund market" (emphasis mine) [1], only about a third of American stocks are held by passive capital [2]. (Index funds are about 16%.)
> For you, it's time to tilt to bond and value
Or just buy the market and watch the show.
[1] https://www.americancentury.com/institutional-investors/insi...