04-09-2014, 10:03 PM
I feel like I have posted this before, but if I did then I definitely didn't find a suitable response. I've also searched the internet several times for a long time and I can never find the answer.
What is the advantage of owning Mutual Fund that tracks the S&P versus and owning a commission free ETF that does the same with a lower expense ratio?
Are there any advantages to mutual funds over ETF's?
Both allow you to dollar cost average with small amounts and the ETF's generally have smaller expense ratios. I know ETF's sometimes trade slightly above their NAV but this seems inconsequential as the amount is so small, and sometimes they trade below their NAV I would guess too.
Thanks for any help with this.
What is the advantage of owning Mutual Fund that tracks the S&P versus and owning a commission free ETF that does the same with a lower expense ratio?
Are there any advantages to mutual funds over ETF's?
Both allow you to dollar cost average with small amounts and the ETF's generally have smaller expense ratios. I know ETF's sometimes trade slightly above their NAV but this seems inconsequential as the amount is so small, and sometimes they trade below their NAV I would guess too.
Thanks for any help with this.