Investment Expert Interviewed for ETF Story
Insight from investment expert Mingyuan Kong, Ph.D., assistant professor in the School of Management, was featured in a 聽article about exchange-traded funds (ETFs). As the article notes, ETFs have become a popular option among investors, but choosing the wrong fund can mean paying more in fees, dealing with volatility tied to a single industry, or seeing few returns. Kong explains that, while two funds can track the same index, they can cost investors differently. For example, the聽Vanguard S&P 500 ETF聽(VOO) charges an expense ratio of 0.03%, while the SPDR S&P 500 ETF Trust (SPY) charges 0.0945%.
鈥淚nvestors should look beyond the index itself and consider other factors such as fees, liquidity, and how they plan to use the ETF,鈥� said Kong. 鈥淥ver long retirement horizons, the small fees can compound into significant differences for investors.鈥�
The story also appeared on , , , and other news sites.