The Glamour That Restrained the November Rally

The Glamour That Restrained the November Rally

While individual investors enjoyed a huge postelection rally in November following a dismal October stretch, they still failed to keep up with the broader market.

And it really wasn’t even close.

In fact, the S&P 500’s SPX, -0.35%  3.7% return more than doubled the investor average, according to Openfolio, an app where more than 80,000 users share information on their portfolio moves. The Dow Jones Industrial Average’s DJIA, +0.36%  domination was even more pronounced. The blue-chip gauge finished the month with a 5.4% gain. This coming off a three-month stretch beginning in August, where the Dow industrials sank 1.6%.

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