An ETF IS a Mutual Fund

Photo by Markus Winkler on Pexels.com

" data-orig-size="1880,1254" sizes="(max-width: 1880px) 100vw, 1880px" data-image-title="the word etf on a wooden board with scrabble tiles" data-orig-file="https://smallivy.files.wordpress.com/2023/11/pexels-photo-18524062.jpeg" data-image-description="" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" width="1880" data-medium-file="https://smallivy.files.wordpress.com/2023/11/pexels-photo-18524062.jpeg?w=300" data-permalink="https://smallivy.com/2023/11/25/an-etf-is-a-mutual-fund/pexels-photo-18524062/" alt="" height="1254" srcset="https://smallivy.files.wordpress.com/2023/11/pexels-photo-18524062.jpeg 1880w, https://smallivy.files.wordpress.com/2023/11/pexels-photo-18524062.jpeg?w=150&h;=100 150w, https://smallivy.files.wordpress.com/2023/11/pexels-photo-18524062.jpeg?w=300&h;=200 300w, https://smallivy.files.wordpress.com/2023/11/pexels-photo-18524062.jpeg?w=768&h;=512 768w, https://smallivy.files.wordpress.com/2023/11/pexels-photo-18524062.jpeg?w=1024&h;=683 1024w" class="wp-image-23691" data-large-file="https://smallivy.files.wordpress.com/2023/11/pexels-photo-18524062.jpeg?w=723" />Photo by Markus Winkler on Pexels.com

Often in the FinTwit world I’ll see people with thousands of followers declare that “ETFs are better than mutual funds,” or “You should only buy ETFs, not mutual funds.” Then ...