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Typically, it comes down to preferences related to management fees, shareholder transaction costs, taxation, and other qualitative differences. accounting for bonds payable<\/a> Another benefit of ETFs is that\u2014because they can be traded like stocks\u2014it is possible to invest in them with a basic brokerage account. There is no need to create a special account, and they can be purchased in small batches without special documentation or rollover costs. Index investing has been the most common form of passive investing since 1976, when Jack Bogle, founder of Vanguard, created the first index mutual fund.<\/p>\n<\/p>\n