Both are professionally designed and managed, ensuring investors of a certain level of trustworthiness and credibility. But the similarities stop there.

ETFs and mutual funds sometimes have significant differences in everything from fees and expenses, accessibility and minimum investments, to tax efficiency and trading costs. Both ETFs and mutual funds can be a viable part of an investor’s strategy. Which is the better choice depends in large part on an investor’s overall goals and approach to investing.

To make informed decisions about which product can best meet their needs, investors should understand the key differences between ETFs and mutual funds.

Click here to read the full story on Iris.xyz.