why vug is so much more expensive than vigrx

[ER_Hopeful]

vug is around $121/share while vigrx is about $62, why the ETF costs so much more than the index fund?

thanks

 

[Sunset]

excellent question as they both contain the same stocks.
Could it be due to the number of shares of the fund issued, vs an ETF that can grow unrestricted ?

 

[COcheesehead]

You realize it doesn't matter, right?

 

[ER_Hopeful]

You realize it doesn't matter, right?

enlighten me, never bought eft before.

 

[COcheesehead]

enlighten me, never bought eft before.

It's just a number. Commission cost isn't number of share dependent anymore, dividends aren't share dependent, they are a percent. So being able to buy more or less shares based on a NAV is really inconsequential.

 

[Sunset]

Meaning for $10,000 purchase, you get more shares of the ETF, and less shares of the FUND, but the return you get for example say 10% still works out to $1,000 in both cases.

 

[COcheesehead]

Meaning for $10,000 purchase, you get more shares of the ETF, and less shares of the FUND, but the return you get for example say 10% still works out to $1,000 in both cases.

Exactly.