Compare mutual fund and ETFs and what are the similarities between them?

1. Mutual fund vs ETFMany financial advisors give their customers the following tips: “Mutual funds have long been apopular choice for many investors because of the wide range of options available and theautomatic diversification they offer. However, depending on what you’re wanting to get out ofyour portfolio and your individual risk tolerance and investing strategy, it may be time to switchfrom mutual funds to exchange-traded funds.”Please compare mutual fund and ETFs and answer the following questions.*How many different types of ETFs?What are the similarities between them?What are the differences between Mutual fund and ETF?The advantage of ETF over mutual fund?Compare the annual rate of return between ETF and mutual fund.