Published on 16 Sep 2022 on FinanceBuzz via Yahoo Finance
VTSAX and VTI are two total market index funds, meaning that they track the overall performance of the U.S. stock market. Total market index funds give you a simple way of diversifying your investment by putting your money into one fund instead of buying many individual shares.
VTSAX and VTI give you the same level of diversity, but the two funds aren’t exactly the same. VTSAX is a mutual fund and VTI is an exchange-traded fund.
This fund type difference translates into different minimum investments and trading models. These differences can matter when deciding which total market index fund you should choose.