Taxes Matter

“We estimate that the ETF tax efficiency has increased long-term investors’ after-tax returns by 1.05% per year relative to mutual funds in recent years.” The Role of Taxes in the Rise of ETFs The post Taxes Matter appeared first on Meb Faber Research - Stock Market and Investing Blog.

Jun 18, 2025 - 22:16
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“We estimate that the ETF tax efficiency has increased long-term investors’ after-tax returns by 1.05% per year relative to mutual funds in recent years.” The Role of Taxes in the Rise of ETFs

The post Taxes Matter appeared first on Meb Faber Research - Stock Market and Investing Blog.