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==Comparison of index funds with index ETFs== {{Globalize section|USA|date=December 2020}} In the United States, mutual funds price their assets by their current value every business day, usually at 4:00 p.m. Eastern time, when the New York Stock Exchange closes for the day.<ref>{{cite web|url=http://www.ici.org/funds/abt/faqs_navs.html |title=Frequently Asked Questions About Mutual Fund Share Pricing |access-date=2009-03-24 |work=[[Investment Company Institute]] |url-status=dead |archive-url=https://web.archive.org/web/20081026040912/http://www.ici.org/funds/abt/faqs_navs.html |archive-date=October 26, 2008 }}</ref> Index ETFs, in contrast, are priced during normal trading hours, usually 9:30 a.m. to 4:00 p.m. Eastern time. Index ETFs are also sometimes weighted by revenue rather than market capitalization.{{Cn|date=February 2025}}
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