True, they do track closely to each other. Since an ETF can be traded during market hours, that creates the opportunity or problem of buying below or above NAV.True or False?: Long term average growth (or loss) rates of ETFs will closely track the long term average of the equivalent regular mutual fund, however the ETF is usually much more volatile hour by hour.
Some numbers in this comparison thread of ETFs and Admiral shares by Bill Bernstein.
viewtopic.php?t=368277
Regards,
Statistics: Posted by retired@50 — Thu Feb 22, 2024 1:34 pm — Replies 29 — Views 2980