Morningstar′s Guide To ETF Investing

Since ETFs debuted in 1993, investors have flocked to them because they’re typically cheaper, usually more tax-efficient, and simple to buy and sell. However, their attractiveness can vary substantially depending on the specific fund, so it’s still essential to evaluate each option carefully.

This guide answers some common questions about the inner workings of ETFs, the associated costs, and how to get started investing in them.

This post originally appeared at Morningstar.