Would putting money in a stock with a beta of 1 be the same as investing in an index fund?

Would putting money in a stock with a beta of 1 be the same as investing in an index fund?

Movement of both would mirror the movement of the market haina ta?


View on r/NepalStock by panauti_12


3 Comments

  1. I think beta is calculated within a sector. So if beta stays at 1 then its equivalent to investing in the sector index fund if such a thing exist (not in nepal ofcourse). But mostly index fund i see are a best performing stocks in a exchange that are mix of different sectors.

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