Table 5

Most prolific articles on passive investing

AuthorTitleClusterTCPYPR
Hortacsu and Syverson (2004) Product differentiation, search costs and competition in the mutual fund industry: a case study of s&p 500 index funds121720041.44
Gruber (1996) Another puzzle: the growth in actively managed mutual funds185319961.41
Elton et al. (1996) The persistence of risk-adjusted mutual fund performance133619960.81
Hasbrouck (2003) Intraday price formation in US equity index markets222920032.1
Elton et al. (2002) Spiders: where are the bugs?210520021.98
Hansen et al. (2012) Realized Garch: a joint model for returns and realized measures of volatility226520120.58
Clark and Hebb (2004) Pension fund corporate engagement: the fifth stage of capitalism311220040.55
Avellaneda and Lee (2010) Statistical arbitrage in the us equities market312320100.31
Malkiel and Radisich (2001) Reflections on the EMH: 30 years later39320050.29
Irwin and Sanders (2012) Testing the masters’ hypothesis in commodity futures markets415220121.52
Büyükşahin and Robe (2014) Speculators, commodities and cross-market linkages422920140.97
Irwin and Sanders (2011) Index funds, financialization and commodity futures markets421120110.94
Madhavan (2012) Exchange-traded funds, market structure and the flash crash56320120.91
Charupat and Mu (2011) The pricing and performance of leveraged exchange-traded funds55220110.68
Agapova (2011) Conventional mutual index funds versus exchange-traded funds56220110.6
Gasbarro et al. (2007) Stochastic dominance analysis of ishares64820071.22
Fong et al. (2005) International momentum strategies: a stochastic dominance approach69220051.07
Ippolito (1989) Efficiency with costly information: a study of mutual fund performance, 1965–1984625519890.6
Goetzmann and Massa (2003) Index funds and stock market growth77920031.51
Lynch and Mandenhall (1997) New evidence on stock price effects associated with changes in the s&p 500 index723219970.92
Beneish and Gardner (1995) Information costs and liquidity effects from changes in the dow Jones industrial average list75919950.39
Ben-David et al. (2018) Do etfs increase volatility?88220184.34
Goetzmann and Massa (2002) Daily momentum and contrarian behavior of index fund investors87020020.47
Gleason et al. (2004) Analysis of intraday herding behavior among the sector etfs812920040.32
Chen and Scholtens (2018) The urge to act: a comparison of active and passive socially responsible investment funds in the United States91320181.87
Fisch et al. (2019) The new titans of wall street: a theoretical framework for passive investors91420201.55
Bebchuk and Hirst (2020) The specter of the giant three91320191.24

Note(s): The table lists the most prolific top 3 articles of the nine bibliographic clusters created on the basis of total citations (TC). PageRanks (PR) are used to rank the articles. Publishing year (PY) and First Author name are also mentioned in the table

Source(s): Authors’ own work

or Create an Account

Close Modal
Close Modal