By: ETF Trends
April 17, 2013 at 10:30 AM EDT
Vanguard: ETF Investors Pay Higher Fees than Mutual Fund Investors
One of the oft-cited “value propositions” of ETFs is that they are lower cost than traditional mutual funds. While this may be true when you use simple averages for all ETFs and all mutual funds, the opposite picture emerges when you asset-weight the averages, showing what investors are actually...
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