exchange-traded fund en · NOUN
Pronunciation
- /ɪksˌtʃeɪndʒ ˈtɹeɪdɪd ˈfʌnd/
Etymology
exchange-traded + fund
Meanings
-
An investment fund traded on stock exchanges, much like stocks.
Many retail investors prefer an exchange-traded fund over a mutual fund due to the intraday liquidity.
The first exchange-traded fund was launched in the early 1990s to track the S&P 500.
An exchange-traded fund is a basket of stocks that tracks a specific index.
2012, John J. Murphy, Visual Guide to ETF Charting, page 3:
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| exchange-traded funds | Number=Plur | lexicographic |
Coordinates
closed-end fund · index fund · mutual fund
Deriveds
leveraged exchange-traded fund · inverse exchange-traded fund
Hypernyms
Relateds
Translations (2)
pl fundusz ETF (Translations) · hu tőzsdén kereskedett alap (Translations)