Even given that nuance you'll find ETFs of all types, generally with fees far less than what you pay for the equivalent mutual fund. Bottom line, for me, is th

Even given that nuance you'll find ETFs of all types, generally with fees far less than what you pay for the equivalent mutual fund. Bottom line, for me, is that the active management employed by a large portion of the mutual fund complex provides little additional returns, yet they get paid handsomely for delivering a sub-standard product.