 There is no minimum on an ETF because they trade just like an exchange-traded fund. The other difference, this is a negative for the ETF, and I wish we could do it, but you can set up automatic investments in a mutual fund that you can't do, meaning where it's automated. It happens without you having to do anything. You can't automate trading into an exchange-traded fund. So that is sort of the downside, a little bit, of an ETF. I wish you could automate that.