Exchange-Traded Funds (ETFs): What Are They?
A pooled investment security called an exchange-traded fund (ETF) functions very similarly to a mutual fund. ETFs often follow a certain sector, index, commodity, or another asset, but unlike mutual funds, they can be bought or sold on a stock exchange just like normal stocks can. Anything from the price of a single commodity to a sizable and varied group of securities can be tracked by an ETF. ETFs may even be designed to follow particular investment strategies.
The first ETF was the SPDR S&P 500 ETF (SPY), which tracks the S&P 500 Index, and which remains an actively traded ETF today.

Wanna learn about the types of ETFs? What are the benefits and drawbacks of ETFs?
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