And what happens if active fails? Then passive would take the hit even though people go with Vanguard specifically for the low-risk passive.
What specific concern do you have in mind? Are you aware that the corporate structure of Vanguard is that it is the funds who own the company, not the other way around?
https://corporate.vanguard.com/content/corporatesite/us/en/c...
why would the active funds fail?
if you have 1.1 million in the bank you can afford to take $500 to poker tables