Hello, let me explain to you. Stock funds invest in stocks. If you choose the right stocks, the returns will be very high. For example, monster stocks like Tellus A and Baofeng Technology. The growth rate of these stocks is much higher than that of the index.

Compared with index funds, index funds only invest in the index, and their rise and fall are linked to the index. Of course, index funds do not have high requirements for the management capabilities of fund companies, while stock funds are quite a test of the fund's management capabilities. You will find that at the same time

This is the reason why different types of funds have different ranges of rise and fall.

I hope my answer can clear up your confusion.