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ETF Basics
ETF Differences
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ETFs are hybrid investment vehicles that are part individual security and part mutual fund.
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ETF

WHAT IS ...
AN ETF?

ETFs are increasingly popular way to buy and sell investments.


One of the distinguishing features of modern trading is the speed at which information can be processed and shared. That speed, combined with innovative technology, has made it possible to invest in new ways. The prototypic exchange traded fund (ETF), the SPDR (pronounced Spider), debuted on the American Stock Exchange (AMEX) in 1993. Since then, many more ETFs have been introduced in response to investor demand for these products.



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Disclaimer: This information is provided with the understanding that the authors and publishers are not engaged in rendering financial, accounting or legal advice, and they assume no legal responsibility for the completeness or accuracy of the contents. Some charts and graphs have been edited for illustrative purposes. The text is based on information available at time of publication. Readers should consult a financial professional about their own situation before acting on any information.