This is even more specific than a stop order. When selling ETF shares, you'd typically set your limit below the current market price (think "don't sell too low"). When buying ETF shares, you'd typically set your stop price above the current market price (think "don't buy too high"). This is generally used when you want to minimize your losses but aren't able to stay on top of minute-to-minute changes in an ETF's market price. When selling ETF shares, you'd typically set your limit above the current market price (think "sell high"). When buying ETF shares, you'd typically set your limit below the current market price (think "buy low"). This is generally used when you want to maximize your profits. A market order will typically be completed almost immediately at a price that's close to the current market price. When buying and selling ETFs, you can typically choose from 4 order types-just like you would when trading individual stocks: Learn how an active fund manager compares with a personal advisor We also offer more than 65 Vanguard index mutual funds.Ĭompare index funds vs. Most ETFs are index funds (sometimes referred to as "passive" investments), including our lineup of nearly 70 Vanguard index ETFs.Ī mutual fund could also be a suitable investment. ![]() You can set up automatic investments and withdrawals into and out of mutual funds based on your preferences. You can't make automatic investments or withdrawals into or out of ETFs.Ī mutual fund could be a suitable investment. If you want to repeat specific transactions automatically… That price isn't calculated until after the trading day is over. Regardless of what time of day you place your order, you'll get the same price as everyone else who bought and sold that day. ![]() It'll get you the best current price without the added complexity. If you want to keep things simple, that's OK! Just stick with a market order. ![]() Not only do ETFs provide real-time pricing, but they also let you use more sophisticated order types that give you the most control over your price. If you want more hands-on control over the price of your trade… Most Vanguard mutual funds have a $3,000 minimum.** That would buy you 30 shares of a hypothetical fund with a net asset value (NAV) of $100 per share. Mutual fund minimum initial investments aren't based on the fund's share price. If you prefer lower investment minimums …ĭepending on the ETF, that price could be as little as $50 or as much as a few hundred dollars.Įstimate the total price of your ETF tradeĬheck current prices for all Vanguard ETFs®Ī mutual fund may not be a suitable investment.
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