The bottom line for investors: The extra operating costs paid over time for broker - sold load index funds are triple those paid by investors in true no - load mutual funds. (freemoneyfinance.com)
The fee structure is comparable to the cheapest no - load index mutual funds as measured by the expense ratio, but investors will typically pay standard commission rates for ETF trades. (investopedia.com)
This is because they could have just bought no - load index mutual funds and realized more profit, and fewer losses, without having to pay investment management fees. (toolsformoney.com)