EDIT: I was wrong. Please ignore the below incorrect content. >In most cases, it wouldn't make sense to switch existing funds to another provider in a taxable

EDIT: I was wrong. Please ignore the below incorrect content. >In most cases, it wouldn't make sense to switch existing funds to another provider in a taxable account if switching would result in a large capital gain. As long as the the funds track the same index then it's a Section 1031 like-kind exchange which does not trigger capital gains. [0] https://www.irs.gov/newsroom/like-kind-exchanges-under-irc-code-section-1031 https://www.irs.gov/newsroom/like-kind-exchanges-under-irc-c...