Difference between revisions of "ETF"
Jump to navigation
Jump to search
(a start) |
|||
| Line 1: | Line 1: | ||
An '''Exchange Traded Fund''' (ETF) is a special kind of stock that is traded on the [[stock exchange]] in a way to track the composite value of other stocks or an index. | An '''Exchange Traded Fund''' (ETF) is a special kind of stock that is traded on the [[stock exchange]] in a way to track the composite value of other stocks or an index. | ||
| + | |||
| + | "ET" stands for "exchange-traded" because they are traded on the [[stock market]]. "F" stands for "fund" because an ETF tracks a basket of many stocks or bonds in one tradeable security. | ||
| + | |||
| + | Trading ETFs is like trading stock. | ||
[[category:finance]] | [[category:finance]] | ||
Revision as of 22:42, December 25, 2020
An Exchange Traded Fund (ETF) is a special kind of stock that is traded on the stock exchange in a way to track the composite value of other stocks or an index.
"ET" stands for "exchange-traded" because they are traded on the stock market. "F" stands for "fund" because an ETF tracks a basket of many stocks or bonds in one tradeable security.
Trading ETFs is like trading stock.