ActiveETFS You've probably seen some version of this chart before. It shows cumulative net flows into US-domiciled equity funds since 2006. Index ETFs have ripped higher, index mutual funds have held steady, actively managed ETFs have caught a nice updraft from the active ETF boom, and actively managed mutual funds have bled trillions in assets.The standard takeaway from this kind of chart is that passive won, active lost, and the question is settled.I don't buy that interpretation.The chart sorts funds ...