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Why ETFs Will Shine This Tax Season

FYI: Exchange-traded funds pose a serious threat to actively managed mutual funds—but not for the reason you think.

This is not another active versus passive debate, and it’s not a treatise on investing philosophy or strategy: This is about tax efficiency and fund structure, and the annual—but somewhat hidden—costs for actively managed mutual funds. As the tax bills for 2018 come due, the differences between ETFs and mutual funds couldn’t be sharper.
Regards,
Ted
https://www.barrons.com/articles/your-mutual-fund-is-costing-you-more-money-than-you-even-realize-51549068299?mod=hp_DAY_8
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