[nerdponx]

I do wonder about using this same analysis to look at various funds' real returns (hedge and otherwise), in addition to the major indices in the study. I'd be curious to look at variance, downside risk during downturns, etc.

[nerdponx]

I realized that this is what https://totalrealreturns.com/ does. It seems like at least a few mutual funds do beat the market over time, e.g. FPURX: https://totalrealreturns.com/s/USDOLLAR,VTSMX,FPURX,FBGRX