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what is a ETF
Answers
127 points
Wantitbad answered one year ago …
An ETF is similiar to a mutual fund, only in an ETF you can choose your investments by sector, they can be inverse of a particular sector and can be traded just like stocks. For example UYG is the ETF for Ultra Financials ProShares (AMEX) which is a financials ETF. If you look at the holdings it contains about a dozen of the banks that got hit hard in the last year.
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391 points
slick answered one year ago …
check these out:
What is exactly ETF ( exchange traded fund) ? in a simple way to understand ?
http://www.tickerhound.com/questions/detail/200712177bbea2
Is there any advantage in owning a Mutual Fund vs. an ETF?
http://www.tickerhound.com/questions/detail/20080415322275
2769 points
Oldman answered one year ago …
If you want a truly in-depth analysis of ETF's, go to
http://seekingalpha.com
and click on the section header labeled
ETFS
and look at the editors' lists of ETF's and comments about their similarities and differences.
Exchange Traded Funds have exploded in numbers offered in the past few years. They are baskets (creation units) of stocks that either attempt to track some index, or are managed by some proprietary system of selection. Then the units for sale are priced, registered with the SEC and listed on one or more stock exchanges...The Amex exchange also has a good educational site concerning ETFs, because a lot of themare registered for sale there
http://www.amex.com
Major issuers are Barclays, State Street, Vanguard, Claymore, Powershares, etc.
