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Business, 18.03.2021 02:30 ashtonbillups

Which of the following is a difference between an exchange traded fund (ETF) and a mutual fund? A. An ETF is a fixed income instrument, whereas a mutual fund is a variable income instrument

An ETF can only be traded at the end of the day, whereas a mutual fund can be bought or sold throughout the trading day.

An ETF is a convertible security, whereas a mutual fund is a nonconvertible security

An ETF provides more favorable tax treatment than a mutual fund

An ETF is a hybrid security, whereas a mutual fund is not a hybrid security

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