But it’s probably the tax advantage that’s the biggest difference, because actively managed strategies tend not to be that tax-efficient, whereas an index fund, whether it’s open-end or ETF ...

Index funds track market indexes like the S&P 500 and offer various sector-focused options. Choosing the right index fund involves checking its tracking accuracy, costs, and investor limitations.

While both mutual funds and ETF offer the benefits of diversification and professional management, understanding their key ...