What Are the Differences Between an ETF and a Mutual

question 12

Multiple Choice

What are the differences between an ETF and a mutual fund?

• A)An ETF can be traded like a share of common stock.
• B)An ETF can be purchased on margin or sold short like a share of common stock.
• C)An ETF is more tax-efficient than most mutual funds.
• D)All of the above are correct.
• E)Only A and C are correct.