This is only true for small amounts of money. Instead of using a single ETF or Index Fund to invest in U.S. stocks, Wealthfront's Tax-Optimized Direct Ind

This is only true for small amounts of money. Instead of using a single ETF or Index Fund to invest in U.S. stocks, Wealthfront's Tax-Optimized Direct Indexing directly purchases up to 1,001 individual securities on your behalf — up to 1,000 stocks from the S&P 500® and S&P 1500® Indices and an ETF of much smaller companies. From Wealthfront's website: https://blog.wealthfront.com/introducing-direct-indexing/ https://blog.wealthfront.com/introducing-direct-indexing/ Analysis from bogleheads: https://www.bogleheads.org/forum/viewtopic.php?t=152903 https://www.bogleheads.org/forum/viewtopic.php?t=152903