Paul,

Aye!  Thankyou.

I can see the data, and it clearly shows a winner.  However I am still unclear how this is achieved.  The description of Tax Cost Ratio below only refers to capital gains (turnover right?) and dividends, which I eluded to in my previous post.

Tax Cost Ratio
This represents the percentage-point reduction in an annualized return that results from income taxes. Mutual funds regularly distribute stock dividends, bond dividends and capital gains to their shareholders. Investors then must pay taxes on those distributions during the year they were received

So apparantly, I still seem to be missing something.  Does the index manage the turnover in a more tax efficient way?  Could it be that AWSHX turnover is more short term?

What gives?  Again, I assume it is something simple that I am going to kick myself when I get the answer.  I dont retain everything I learn due to the massive influx of info, and tax efficiency is not paramount for me at this point with mostly tax defferred investments, so I guess it easier to forget!

Thanks for the patience.

Brian