the table is wrong and seems to be guided by an over-generalization that all mutual funds are actively managed. Not so. Vanguard and others have index funds that have low expense ratios and can be tax efficient as well. The main benefit of ETFs IMO is that you can trade them during the day like a stock. There are also benefits of having certain mutual funds in that not all of them are available as an ETF — so I have probably 2/3 ETFs and 1/3 funds.
Yeah, I had a problem w/ that too. The IBD writer that put it together also was saying that ETF's were not managed, but some how he didn't get the word from the other writer in the office that was posting the next piece: Actively Managed ETFs Grow Quickly But Face Hurdles. What the heck, it's still a good 'beginner/intro tool.
Yeah, the last line of the table is incorrect. ETFs, CEFs, and open-ended mutual funds can all be actively managed or be programmed to robotically emulate an index. ETFs, however, can do either more efficiently and conveniently.
These days, I own a mix of individual stocks and ETFs. No CEFs. No traditional mutual funds (except for a money market fund or two).