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  5. ETFs vs. Mutual Funds: Understanding Which is Right for You

ETFs vs. Mutual Funds: Understanding Which is Right for You

Written by a TurboTax Expert • Reviewed by a TurboTax CPA

Updated for Tax Year 2022 • December 5, 2022 12:19 PM

OVERVIEW

Exchange Traded Funds (ETFs) and mutual funds are collections of individual stocks, bonds, commodities, or other funds – or a combination of these.

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The above article is intended to provide generalized financial information designed to educate a broad segment of the public; it does not give personalized tax, investment, legal, or other business and professional advice. Before taking any action, you should always seek the assistance of a professional who knows your particular situation for advice on taxes, your investments, the law, or any other business and professional matters that affect you and/or your business.