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The 19 stocks have not outperformed their peers.
Until last year, large-capitalization funds that blend a value and growth approach had not outperformed Standard & Poor's 500 index funds since 1993, according to Morningstar Inc.
The oldest professional football club in Scotland has not outperformed the Old Lady of Italian football often but Kilmarnock did so in 1967 before falling to one of the leading English clubs, Leeds United, 4-2 over two legs.
Despite its upscale properties, Taubman Centers, which earned $7.7 million last year on $341 million in revenue (but posted a $8.9 million loss after paying preferred stock dividends), has not outperformed its shopping-mall peers, analysts said.
Ludovic Phalippou, in work on his Ph.D. dissertation at Insead, the business school near Paris, has found out why the average value stock fund has not outperformed the average growth stock fund.
If the Braves had not outperformed expectations and if the Mets had not blown four or five games along the way, the fans would have had reason to hold onto hope for Thursday's doubleheader.
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There are at least two reasons a drug might not outperform placebo in a clinical trial.
Mr. Vincent said his fund was not outperforming simply by focusing on credit quality.
Each study generally found that students in Edison schools did not outperform those in more traditional schools.
The researchers found that the average hedge fund did not outperform a corresponding unmanaged portfolio from January 1994 through February 2004.
Although the passively managed indexed funds are often cheaper, by their nature they do not outperform the market.
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