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ETF = investment fund traded on a stock exchange. Index fund = investment fund (mutual fund or ETF) that tracks an index, i.e. passively managed.
by dne 11y ago
ETF = investment fund traded on a stock exchange.
Index fund = investment fund (mutual fund or ETF) that tracks an index, i.e. passively managed.
- MagicWishMonkey 11y agoSo is something like VSGAX an ETF or is it an index fund?
- dne 11y agoIt's an index mutual fund[1] that is also available as an ETF[2]. 1: https://personal.vanguard.com/us/funds/snapshot?FundId=5861&FundIntExt=INT https://personal.vanguard.com/us/funds/snapshot?FundId=5861&... 2: https://personal.vanguard.com/us/funds/snapshot?FundId=0938&FundIntExt=INT https://personal.vanguard.com/us/funds/snapshot?FundId=0938&...
- elbows 11y agoIf I understand correctly, ETF and index fund are orthogonal terms. An ETF is traded on the stock market -- in contrast to a mutual fund which you have to buy through other channels. An index fund tracks an index rather than being actively managed. I don't know about VSGAX specifically, but it could be both an ETF and an index fund.
- tonfa 11y agoIndex fund, it isn't trading in an exchange.