>>I think it would actually manifest as a failure to track the index
No, because the stock was added to the index on the same day. So the fund is tracking the index, and the index is doing what it said it would do. It's just that they're both buying in an inefficient way that costs more than it might, and others capitalize on that inefficiency.
No, because the stock was added to the index on the same day. So the fund is tracking the index, and the index is doing what it said it would do. It's just that they're both buying in an inefficient way that costs more than it might, and others capitalize on that inefficiency.