4 ms·
So is something like VSGAX an ETF or is it an index fund?
by MagicWishMonkey 11y ago
So is something like VSGAX an ETF or is it an index fund?
- dne 11y agoIt's an index mutual fund[1] that is also available as an ETF[2]. 1: https://personal.vanguard.com/us/funds/snapshot?FundId=5861&FundIntExt=INT https://personal.vanguard.com/us/funds/snapshot?FundId=5861&... 2: https://personal.vanguard.com/us/funds/snapshot?FundId=0938&FundIntExt=INT https://personal.vanguard.com/us/funds/snapshot?FundId=0938&...
- elbows 11y agoIf I understand correctly, ETF and index fund are orthogonal terms. An ETF is traded on the stock market -- in contrast to a mutual fund which you have to buy through other channels. An index fund tracks an index rather than being actively managed. I don't know about VSGAX specifically, but it could be both an ETF and an index fund.
- tonfa 11y agoIndex fund, it isn't trading in an exchange.