They are typically much lower on ETFs than on conventional mutual funds because most ETFs aim to mirror the holdings and performance of a particular stock - market index. (tsinetwork.ca)
In contrast, you can only buy most conventional mutual funds at the end of the day. (tsinetwork.ca)
ETFs practice this «passive» fund management, in contrast to the «active» management that conventional mutual funds provide at much higher costs. (tsinetwork.ca)