Sure, the S&P 500 is the world’s most famous stock index, but it shouldn’t be a benchmark against which to measure long-term goals.
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Investors plowed money into currency-hedged equity funds like ‘HEDJ’ and ‘DBEF’ on Wednesday, March 4, while yanking assets out of sundry bond funds, such as ‘HYG.’ Total U.S.-listed ETF assets dropped to $2.084 trillion as a market pullback offset net inflows.