EXCHANGE TRADED FUNDS

Economics

It is a security that tracks indices, commodities, bonds, or asset baskets, similar to an index fund.
Unlike traditional mutual funds, ETFs are traded on stock exchanges, with prices changing throughout the day based on supply and demand.
They provide greater liquidity and lower fees than mutual funds, making them attractive to individual investors.
ETFs are generally more tax-efficient and offer a diverse range of investment options, including equity, bond, commodity, international, and sectoral/thematic ETFs.
Most ETFs are passively managed, aiming to replicate the performance of a specific index.