What is the difference between an ETF that tracks an index, or a market index fund? I was looking at two: VTI(etf) and VTSMX (index fund, $3,000 initial Min, 1$ reinvest min). They both track the same index. Why are there two separate ones? What is the point, and as a young investor with $4200 and no real income, which one should I be buying? Note: the index fund has a .15% expense ratio compared to .05% for the ETF.
Submitted September 15, 2017 at 01:50PM by Eco330 http://ift.tt/2x7Hn52