• Mutual Funds are actively managed by a fund manager or a full team (though passively managed fund have a bit of popularity)

  • ETFs are always passively managed

  • Mutual Funds generally have a minimum investment amount (e.g. in the $500 - $5,000 min range)

  • ETFs are bought and sold like stock and therefore are bought & sold similarly. They can even be shorted

  • Mutual Funds will almost always have much higher expenses, especially due to them being actively managed. The expenses can go towards many things like: paying the fund manager(s), paying for marketing, and more

  • Mutual Funds will buy and sell stocks and securities as a proxy for you

  • ETFs generally track a market index or sector sub-index