etfs

ETFs

Exchange-Traded Funds that trade on exchanges like stocks, with low fees and high liquidity

Mutual Funds

Pooled investment funds traded only once daily at NAV, often actively managed with higher fees

Key Differences Between ETFs and Mutual Funds

ETFs trade throughout the day at market price, mutual funds trade once daily at NAV, ETFs have lower fees and greater liquidity

NAV

Net Asset Value, the price per share of a mutual fund at which transactions occur daily

VOO

Vanguard S&P 500 ETF tracking large US companies with about 30 percent tech exposure

VV

Vanguard Large Cap ETF similar to VOO with slightly less tech exposure

VXUS

Vanguard Total International Stock ETF offering exposure outside the US

VYM

Vanguard High Dividend Yield ETF focused on US companies with strong dividends

VNQ

Vanguard Real Estate ETF offering US REIT exposure

BND

Vanguard Total Bond Market ETF offering broad US bond exposure

VTIP

Vanguard Short-Term TIPS ETF focused on short-term inflation-protected securities

AGG

iShares Core US Aggregate Bond ETF offering broad US bond exposure