XL-entLady
03-29-2009, 03:51 PM
I see that Vanguard's VIPERS have a seriously smaller expense ratio than, for example, iShares. So that's good, but there's got to be a down side. What is it?
TIA to anyone who can give me some insight!
Lady
Okay, further research leads me to believe that Vanguard's ETFs are a shareclass of their open-end funds rather than stand-alones, and so may not be as tax efficient (according to The ETF Book, by Richard Ferri). So apparently Vanguard ETFs are a good thing in a Roth IRA but may not be a good thing in a traditional taxed account.
Maybe ..... ?:confused:
Lady
TIA to anyone who can give me some insight!
Lady
Okay, further research leads me to believe that Vanguard's ETFs are a shareclass of their open-end funds rather than stand-alones, and so may not be as tax efficient (according to The ETF Book, by Richard Ferri). So apparently Vanguard ETFs are a good thing in a Roth IRA but may not be a good thing in a traditional taxed account.
Maybe ..... ?:confused:
Lady