Quote:
Originally Posted by HappyTraveler
Pretty much the same thing. Six of one; half a dozen of the other.
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It is important to know these factors before you invest.
"Generally, ETFs (Exchange Traded Funds) have lower costs than mutual funds. ETFs typically have lower expense ratios, which are the fees charged by the fund to manage the investment. For example, the median expense ratio for ETFs is 0.52%, while the median for mutual funds is 0.91%. While some mutual funds can have lower expense ratios, on average, ETFs are the more cost-effective option. "