Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
FYI: A major advantage of most exchange-traded funds is lower costs. Fund companies can charge less to track an index than research and pick stocks. ETF fees have been coming down all over the world, and are lowest in the U.S., but they have come down not uniformly across asset classes. Regards, Ted http://blogs.barrons.com/focusonfunds/2015/05/21/long-term-etf-fees-in-two-charts/tab/print/