The average S&P 500 stock has been spending less time in the index ⌛️

Disruptive companies are accelerating turnover in the stock market 🔀

Buying and holding an S&P 500 index fund is considered passive investing, because it doesn’t require the investor to make many trades.

But that doesn’t mean the fund’s investor is sitting on the same set of stocks during their holding period. The S&P 500 is anything but static.