Why ETFs over mutual funds?

Many investors choose ETFs over mutual funds for flexibility: ETFs trade throughout the day, can be moved between brokers easily, and often have low fees. In taxable accounts, many index ETFs have historically been relatively tax-efficient due to the creation/redemption mechanism.

Mutual funds still have advantages. They can be easier for automatic investing, may allow direct purchases in dollar amounts, and some investors prefer once-per-day pricing.

The best choice usually comes down to how you invest. If you want hands-off automation and don't care about intraday trading, mutual funds can be great. If you value portability, intraday control, and broad selection across brokers, ETFs are often a strong fit.