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gjallerhorn t1_jaclr40 wrote

ETFs ARE multiple things. It's a collection of thousands of stocks out into a nice little backer that you're owning a piece of. A lot easier than you having to keep track of all those different stocks yourself. And usually cheaper too


whisky_in_your_water t1_jacuacd wrote

VTSAX isn't an ETF, it's a mutual fund. The ETF class for that fund is VTI.

Otherwise you're correct. VTSAX owns a piece of pretty much every publicly traded company in the US, in amounts consistent with each company's valuation (i.e. it buys much more Apple stock than, say, AMC).