What are the differences in performance between index funds and mutual funds?
An example of an AI chatbot conversation about comparing index funds and mutual funds' performance.
What are the differences in performance between index funds and mutual funds?
Index funds typically have lower fees and track a specific market index, while mutual funds are actively managed.
Which one has historically performed better?
Historically, index funds have outperformed most mutual funds due to lower costs and consistent market tracking.
Are there any risks associated with index funds?
Yes, index funds can be subject to market risk, as they follow the performance of the entire index.
What about tax implications for both types of funds?
Index funds generally have lower capital gains distributions, making them more tax-efficient than actively managed mutual funds.
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