Assuming you buy and never sell in a taxable account, what are the tax implications of an extremely high turnover ETF (ticker UTRN) that turns over its entire 25 holdings every week that earns a high positive return? I believe such a high turnover ETF would need to distribute short-term capital gains to its shareholders but I’m having trouble confirming this. Thanks in advance!
Assuming you buy and never sell in a taxable account, what are the tax implications of an extremely high turnover ETF (ticker UTRN) that turns over its entire 25 holdings every week that earns a high positive return? – RobinHood – Reddit Feed
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