Over the past 10 years, Sands Capital returned 212.5% compared to 259.4% for the S&P 500 — underperformed the S&P 500 by 46.8%.
-8.4%
S&P 500: 13.0%
77.0%
S&P 500: 85.6%
-9.4%
S&P 500: 67.8%
212.5%
S&P 500: 259.4%