exchange-traded fund

English

Etymology

exchange-traded +‎ fund

Pronunciation

  • IPA(key): /ɪksˌtʃeɪndʒ ˈtɹeɪdɪd ˈfʌnd/

Noun

exchange-traded fund (plural exchange-traded funds)

  1. (finance) An investment fund traded on stock exchanges, much like stocks.
    • 2012, John J. Murphy, Visual Guide to ETF Charting, page 3:
      An exchange-traded fund is a basket of stocks that tracks a specific index.
    The first exchange-traded fund was launched in the early 1990s to track the S&P 500.
    Many retail investors prefer an exchange-traded fund over a mutual fund due to the intraday liquidity.
Synonyms
Coordinate terms
Derived terms
  • inverse exchange-traded fund
  • leveraged exchange-traded fund

Further reading

This article is issued from Wiktionary. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.