Actively Managed ETFs vs Mutual Funds: Critical Differences

When discussing the various vehicles available for accessing a certain asset class or strategy, it isn’t uncommon to hear advisors or investors discuss the comparison of “ETFs vs. active management” or dive into the merits of “mutual funds vs. passive indexing.” Such comparisons reveal a fundamental misunderstanding of the nuances that distinguish exchange-traded funds–whether active or passive–from traditional mutual funds.