ETF vs. Mutual Fund: The Same, But (Very) Different

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By Shundrawn A. Thomas

Exchange traded funds (ETFs) and mutual funds can accurately be characterized as “sister” investment products because of their many similarities:

Both are basically baskets of investments and offer a diverse range of investment types and strategies;

Because a single fund can hold hundreds of individual stocks, bonds or other types of investment instruments, both ETFs and mutual funds can help mitigate investment risk; and