An active managed ETF is a form of exchange-traded fund that has a manager or team making decisions on the underlying portfolio allocation.

An actively managed ETF is a form of exchange-traded fund that has a manager or team making decisions on the underlying portfolio allocation, otherwise not adhering to a passive investment strategy. An actively managed ETF is a form of exchange-traded fund that has a manager or team making decisions on the underlying portfolio allocation
Generally, an actively managed ETF does not adhere to any passive investment strategy. 2:13
An actively managed ETF features many of the same benefits of a traditional exchange-traded fund like price transparency, liquidity, and tax efficiency, but with a fund manager that can adapt the fund to changing market conditions. Many actively managed ETFs have higher expense ratios than traditional index ETFs, which puts pressure on fund managers to consistently outperform the market. An actively managed ETF is a form of exchange-traded fund that has a manager or team making decisions on the underlying portfolio allocation, otherwise not adhering to a passive investment strategy.

Actively Managed ETF

An airline industry ETF tracks the performance of a group of stocks of airline companies.

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An airline industry ETF is a sector exchange-traded fund (ETF) that invests in the stocks of airline companies, so as to obtain investment results that correspond to those of an underlying airline index. An airline industry ETF is a sector exchange-traded fund (ETF) that invests in the stocks of airline companies, so as to obtain investment results that correspond to those of an underlying airline index. An airline industry ETF is an exchange-traded fund that invests in the stocks of airline companies based on a particular airline index. An investor is able to gain a broad investment portfolio of airline stocks through an airline ETF rather than having to purchase single airline stocks. Other ETFs that incorporate airlines in their investment portfolio are transportation ETFs, which, in addition to holding airline stocks, hold rail stocks and marine stocks.

Airline Industry ETF

An authorized participant is an organization that has the right to create and redeem shares of an exchange traded fund (ETF).

An authorized participant is an organization that has the right to create and redeem shares of an exchange traded fund (ETF). Conversely, authorized participants will reduce ETF shares in circulation when the price of the ETF is lower than the price of the underlying shares. The chief benefit of authorized participants for investors is that they keep ETF prices close to the net asset values of the underlying securities. They provide a large portion of the liquidity in the ETF market by obtaining the underlying assets required to create the shares of an ETF. When there is a shortage of ETF shares in the market, authorized participants create more.

What Is an Authorized Participant?

An auto industry ETF is an exchange-traded fund (ETF) that invests specifically in the automobile industry. 

First Trust NASDAQ Global Auto Index Fund

CARZ First Trust NASDAQ Global Auto Index Fund

The auto industry ETF is an exchange-traded fund that invests primarily in manufacturers and suppliers of automotive products. **Company Name (Ticker)**
**Percent***of CARZ Assets**
**Description***of** **Company**
Tesla Inc. (TSLA)
Electric vehicle manufacturer and clean energy company
General Motors Co. (GM)
Manufacturer of cars and related parts
Daimler AG (DAI:ETR)
Manufacturer of cars, trucks, and vans
Toyota Motor Corp. (7203:TKS)
Manufacturer of cars, trucks, minivans, and commercial vehicles
Honda Motor Co. Ltd. (7267:TKS)
Manufacturer of automobiles, motorcycles, and all-terrain vehicles
Volkswagon AG
Manufacturer of automobiles
Porsche Automobile Holdings
Manufacturer of passenger cars, and other automotive products
Bayerische Motoren Werke (BMW) AG
Manufacturer of passenger cars, wagons, and other automotive vehicles
Suzuki Motor Corporation
Manufacturer of passenger vehicles
Ford Motor Co. (F)
Manufacturer of cars, trucks, and related parts
First Trust NASDAQ Global Auto Index Fund (CARZ) Top 10 Holdings (Q1 2021) The First Trust Nasdaq Global Auto Index Fund ETF (CARZ) remains the only exchange-traded fund that is focused exclusively on the auto industry sector, only investing in companies that are classified as auto manufacturers. An auto industry ETF is an exchange-traded fund that tracks the stocks of the auto industry. CARZ is managed by First Trust Portfolios L.P.; and while First Trust is a U.S based company, the fund is global and not limited to investing in securities located within the United States.

Auto Industry ETF

A biotechnology industry exchange-traded fund (ETF) invests in companies that combine biology and technology to develop innovative products and services.

Investor Bulletin: Exchange-Traded Funds (ETFs)

Principal Healthcare Innovators Index ETF

A biotechnology industry exchange-traded fund (ETF) invests in companies that combine biology and technology to develop innovative products and services. Biotechnology industry ETFs cover a wide variety of biotechnologies, many of which are involved in the use of biological processes such as recombinant DNA technology, molecular biology, genetic engineering, and genomics.
Depending on its size, a biotechnology company may have a number of products at various stages of development, ranging from initial feasibility to advanced clinical trials. A biotechnology industry exchange-traded fund (ETF) invests in companies that operate in the biotechnology industry. A biotechnology industry exchange-traded fund (ETF) invests in companies that combine biology and technology to develop innovative products and services. A biotechnology industry ETF offers exposure to the sector but frees the investor from having to do the extensive fundamental research necessary to evaluate biotechnology companies.

Biotechnology Industry ETF

A BRIC ETF is an exchange-traded fund (ETF) invested in securities from Brazil, Russia, India, and China.

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A BRIC ETF is an exchange-traded fund (ETF) that invests in stocks and listed securities associated with the countries of Brazil, Russia, India, and China, otherwise known as the BRIC nations, usually through local stock exchanges or with American and global depositary receipts (GDRs). These popular funds, which are listed on exchanges and traded throughout the day just like ordinary stock, offer the possibility to mimic the performance of the broader equity market or a specific sector or trend by mirroring the holdings of a designated index—a hypothetical portfolio of securities representing a particular market or a segment of it.
BRIC ETFs are designed to give holders diversified exposure to Brazil, Russia, India, and China: four of the biggest emerging market economies. A BRIC ETF is an exchange-traded fund (ETF) that invests in stocks and listed securities associated with the countries of Brazil, Russia, India, and China, otherwise known as the BRIC nations, usually through local stock exchanges or with American and global depositary receipts (GDRs). Then, as the idea of BRIC as a hot market set waned, these funds disappeared—currently, there are only two BRIC ETFs invested in securities in every one of the BRIC countries. Traders and investors wanted to invest in BRIC local securities, and companies and entrepreneurs were keen to bring their companies to BRIC countries to capture large markets with increasing amounts of capital and increased exposure to the consumption habits of developed nations.

BRIC ETF

A China ETF is an exchange-traded fund (ETF) that invests in and tracks the equity stakes of China-based companies.

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A China ETF is an exchange-traded fund (ETF) that invests in Chinese securities. In response, S&P Dow Jones Indices said it would remove 10 companies from its indices, including shares of contract chipmaker Semiconductor Manufacturing International Corp (SMICY).﻿﻿ FTSE Russell has removed multiple Chinese companies from its indices.
China Telecom (CHA) told investors the executive order might impact the trading prices of its ADRs.﻿﻿ Its shares shed more than 20% of their value following the announcement of the executive order.﻿﻿ China ETFs can invest in a wide number of Chinese securities, including A Shares, B Shares, H Shares, and Red Chips, in addition to American depository receipts (ADRs) of Chinese companies. The largest of these were the iShares MSCI China ETF (MCHI) and the iShares China Large-Cap ETF (FXI).﻿﻿ ﻿﻿ Many funds track the country's biggest companies. China ETFs are typically passively managed, meaning they track an underlying index such as the MSCI China Index or the FTSE China Indexes.

China ETF

A communication industry ETF invests in securities specializing in communication, including telecommunications, media, and internet companies.

Vanguard Communication Services ETF (VOX): Portfolio & Management

A communication industry ETF is an exchange-traded fund (ETF) that invests in securities specializing in communication with the objective of generating returns equal to an underlying index.
Previously, communication industry ETFs were restricted to the telecom sector—one of the smallest sector weights in the S&P 500 dominated by the likes of Verizon Communications Inc. (VZ) and AT&T Inc. (T). A communication industry ETF is an exchange-traded fund (ETF) that invests in securities specializing in communication with the objective of generating returns equal to an underlying index.
Previously, communication industry ETFs were restricted to the telecom sector—one of the smallest sector weights in the S&P 500 dominated by the likes of Verizon Communications Inc. (VZ) and AT&T Inc. (T). The renamed sector now includes existing telecommunication companies, as well as companies selected from the consumer discretionary sector previously classified under the media industry group and the internet & direct marketing retail sub-industry, along with select companies previously belonging to the information technology sector. A communication industry ETF is an exchange-traded fund that invests in securities specializing in communication, including telecommunications, media, and internet companies. Changes to the GICS, a widely-used system for categorizing stocks, have resulted in communication ETFs now featuring more growth-oriented characteristics than in the past—previously, these ETFs reflected the defensive characteristics of telecom companies.

Communication Industry ETF

Diamonds is an informal term for an index-based exchange-traded fund (ETF) known as the SPDR Dow Jones Industrial Average ETF.

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SPDR Dow Jones Industrial Average ETF Trust

Diamonds is an informal term for an index-based exchange-traded fund (ETF) known as the SPDR Dow Jones Industrial Average ETF. The ETF's objective is to provide returns that mirror the price and yield performance of the Dow Jones Industrial Average (DJIA).
The SPDR Dow Jones Industrial Average ETF is colloquially called the Diamond ETF, also known as the Dow Jones Diamond Index. Diamonds is an informal term for an index-based exchange-traded fund (ETF) known as the SPDR Dow Jones Industrial Average ETF. Since its launch in 1998, the Diamond ETF has become popular among investors as a way of achieving approximately the same returns as owning the individual stocks in the underlying Dow Jones Industrial Average. Since its launch, it has become popular among investors as a way of achieving approximately the same returns as owning the individual stocks in the underlying Dow Jones Industrial Average.

Diamonds ETF

A dividend ETF is an exchange traded fund designed to invest in a basket of high-dividend-paying stocks. 

A dividend ETF is an exchange-traded fund (ETF) designed to invest in a basket of dividend-paying stocks. Some of the most popular ETFs are as follows:
Vanguard Dividend Appreciation ETF (VIG)
Fidelity International High Dividend ETF (FIDI)
iShare Core High Dividend ETF (HDV)
SPDR S&P Global Dividend ETF (WDIV)
Schwab U.S. Equity Dividend ETF (SCHD) Dividend ETFs are passively managed, meaning they track a specific index, but the index is usually screened quantitatively to include companies with a strong history of dividend increases as well as the bigger blue-chip firms that are generally considered to carry less risk. Dividend ETFs are established in order to gain high yields when investing in high-dividend-paying common stocks, preferred stocks, or real estate investment trusts (REIT). A dividend ETF is an exchange-traded fund (ETF) designed to invest in a basket of dividend-paying stocks.

Dividend ETF

An emerging market ETF tracks the performance of a group of stocks from companies located in emerging market economies. 

An emerging market ETF is an exchange-traded fund (ETF) that focuses on the stocks of emerging market economies, such as Latin America, Asia, and Eastern Europe. Other popular emerging market ETFs include the SPDR Portfolio Emerging Markets ETF (SPEM), Schwab Emerging Markets Equity ETF (SCHE), and the Goldman Sachs Activebeta EMkts Eq ETF (GEM).
When choosing an emerging market ETF, it is important to choose one that you as an investor are comfortable with, understand the risks of the countries the ETFs invest in, as well as the cost of investing in the ETF. Investing in an emerging market ETF can bring diversity to an investment portfolio as they are less correlated to U.S. equities.
Emerging market ETFs also tend to be more liquid than emerging market mutual funds, because ETFs can be bought and sold instantly on an exchange. Attempting to navigate influences like geopolitical issues, political risk, and less transparency in emerging market countries are all reasons that the average investor might opt for an emerging market ETF instead of trying to locate and evaluate individual securities in emerging markets themselves. An emerging market ETF is an exchange-traded fund (ETF) that focuses on the stocks of emerging market economies, such as Latin America, Asia, and Eastern Europe.

Emerging Market ETF

Energy exchange-traded funds (ETFs) offer a number of ways to invest in the sector, from oil and gas companies to alternative energy sources.

An energy exchange-traded fund (ETF) is one way for an investor to get exposure to a broad sector of the economy that deals in oil, natural gas, alternative energy products, or all three. An energy exchange-traded fund (ETF) is one way for an investor to get exposure to a broad sector of the economy that deals in oil, natural gas, alternative energy products, or all three. Investors who want access to the growing alternative energy market might consider the Guggenheim Solar ETF (TAN).
Reviewing the fact sheet and prospectus for an ETF is a prudent move for any investor, especially when considering volatile commodities like energy. The choices include ETFs that track a broad sector index, domestic or international energy producers, energy equipment manufacturers, or sub-sectors like coal. An energy ETF may reflect the industry broadly or focus on a specific segment such as oil or alternative energy.

Energy ETFs

An ETF of ETFs is an exchange-traded fund (ETF) that tracks other ETFs rather than an underlying stock, bond, or index.

An ETF of ETFs is an exchange-traded fund (ETF) that itself tracks other ETFs rather than an underlying stock, bond, or index. Many well-established providers like Vanguard and Direxion have hopped on the ETF of ETFs bandwagon through new product offerings that combine different asset classes or rotate between sectors.
An ETF of ETFs is a pooled investment fund that invests in other ETFs.
Like traditional ETFs, these securities trade on exchanges similarly to traditional stocks.
The strategy aims to achieve broad diversification and minimal risk, while taking advantage of the lower cost and greater liquidity of ETFs.
ETFs of ETFs tend to have higher expense ratios than regular ETFs sue to the additional layer of management. The concept of an ETF of ETFs finds its roots in traditional target-date and other asset allocation funds that seek to provide simple investment solutions and follows the fund-of-funds (FoF) strategy seen in the mutual fund and hedge fund industry. While cheaper than mutual funds of funds, ETFs of ETFs are also more expensive to own than traditional ETFs due to the added layer of management and fees. An ETF of ETFs is an exchange-traded fund (ETF) that itself tracks other ETFs rather than an underlying stock, bond, or index.

ETF of ETFs

An ETF sponsor is a fund manager or financial company in charge of creating and administering an exchange-traded fund. 

An ETF sponsor is the issuer and fund manager that administers and markets an exchange-traded fund (ETF).
An exchange-traded fund is a type of security that tracks an index, sector, commodity, or other assets, but which can be purchased or sold on a stock exchange the same as a regular stock. An ETF sponsor is the issuer and fund manager that administers and markets an exchange-traded fund (ETF).
An exchange-traded fund is a type of security that tracks an index, sector, commodity, or other assets, but which can be purchased or sold on a stock exchange the same as a regular stock. Changes will need to be made to an ETF portfolio when an underlying index is reconstituted, and so at that time, the ETF sponsor works with holders of creation units to do the work of exchanging securities according to those reconstituted index alterations. PDs apply to ETF sponsors for a creation unit, thereby creating ETF shares through their purchase from a sponsor, which can come in the form of cash or an in-kind transfer, otherwise known as a securities basket. A group of institutional investors supplies the securities that will make up the fund, and in exchange for this delivery, gain so-called creation units, which are ETF shares in giant blocks, numbering 100,000 or more shares.

ETF Sponsor

An exchange-traded fund (ETF) wrap is an investment portfolio in which an investor, with or without the aid of an investment advisor, invests solely in ETFs.

An exchange-traded fund (ETF) wrap is a type of special investment portfolio in which an investor—with or without the aid of an investment advisor—invests solely in ETFs. A possible disadvantage of wrap programs is that buy and hold investors—and those that trade infrequently—are exposing themselves to unnecessary fees by electing for a wrap program (versus paying commissions for each trade).
Common asset allocation models for ETF wrap fee programs are 100% equity, 100% fixed income, or a balanced model—both fixed income and equity. Common asset allocation models for ETF wrap fee programs are 100% equity, 100% fixed income, or a balanced model—both fixed income and equity; the choice of model depends on an investor's age, tolerance to risk, income, goals, and other personal factors. In general, through a wrap fee program, an individual investor is charged a specified fee or fees not based directly upon transactions in their account for investment advisory services (which may include portfolio management or advice concerning the selection of other investment advisors) and execution of client transactions. Advisors employing ETF and mutual fund wrap programs have also been known to charge high fees—in addition to failing to adequately disclose the brokerage commissions they pay to trade investments within wrap programs.

ETF Wrap

A euro ETF is an exchange-traded fund (ETF) that invests in the euro, either directly or through euro-denominated short-term debt.

A euro ETF is an exchange-traded fund (ETF) that invests in the euro, either directly or through euro-denominated short-term debt. 1:48
A euro ETF is an investment in one of the world's most liquid currencies, making ETFs attractive for investors looking to capitalize on the currency's appreciation without having to access the futures or foreign exchange markets. In addition, euro ETFs can be shorted, as a bet that the currency will fall versus the dollar.
Essentially, a currency ETF investment is a speculative trade on spot exchange rates, which may be the most fundamental part of an investment in currency funds. A currency-hedged ETF—which essentially works as a futures contract on currencies—allows investors to lock in the price of a currency ahead of any potential fluctuations. However, a currency-hedged ETF—which essentially works as a futures contract on currencies—allows investors to lock in the price of a currency ahead of any potential fluctuations. Currency ETFs intend to track the performance of a single currency in the foreign exchange market against the U.S. dollar or a basket of currencies.

Euro ETF

Exchange-traded managed funds (ETMF), branded as NextShares, are a hybrid between mutual funds and exchange-traded funds, mixing elements of each.

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Exchange-traded managed funds (ETMFs) are a type of fund approved by the Securities Exchange Commission (SEC) in 2014. ETMFs also include many elements of exchange-traded funds, including:
Tax efficiency, since the funds do not draw capital gains
Net asset value (NAV)–based trading ETMFs are a middle ground between mutual funds and ETFs, combining aspects of different existing types of funds in order to retain both efficiency and portfolio confidentiality. Any exchange on which ETMFs trade must complete SEC Form 19b-4, which requires the exchange to upgrade its system to be able to host daily trading based on a proxy price. Exchange-traded managed funds (ETMFs) are a type of fund approved by the Securities Exchange Commission (SEC) in 2014.

Exchange-Traded Managed Fund (ETMF)

A food-industry ETF is an exchange-traded fund investing in food and beverage companies. 

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First Trust Nasdaq Food & Beverage ETF (FTXG)

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A food-industry ETF is an exchange-traded fund investing in food and beverage companies. Still, food and beverage companies account for a large proportion of the holdings of consumer staples ETFs, which outnumber food and beverage ETFs. This broad industry covers household consumer staples, restaurants, socially conscious food-related companies, grocery stores, and food distribution companies. A food-industry ETF is an exchange-traded fund investing in food and beverage companies. A food-industry ETF is an exchange-traded fund that invests in food and beverage companies, among other items.

Food Industry ETF

Gaming industry ETFs invest in companies that generate revenue from the casino sector, video game industry or other forms of entertainment.

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Gaming industry ETFs are exchange-traded funds that invest in casino and sports betting companies for the purpose of generating returns equal to an underlying index. Its top holdings included Irish bookmaker Flutter Entertainment; fantasy sports and sports book operator DraftKings (DKNG); Galaxy Entertainment Group, a Hong Kong-listed owner of hotels and casinos in Macau; and Las Vegas Sands (LVS), a casino and resort company operating in Las Vegas and Macau.
Estimated size of the global gambling market in 2022.
Gaming industry ETFs sometimes refer to video games and eSports. The VanEck Vectors Gaming ETF invests in companies involved in casinos and casino hotels, sports betting, lotteries, gaming services, gaming technology, and gaming equipment. Index, which is composed of companies involved in casinos and casino hotels, sports betting, lotteries, gaming services, gaming technology, and gaming equipment Gaming Industry ETFs track companies involved with casino and sports gambling, but can also include video games and similar forms of electronic entertainment.

Gaming Industry ETF

Index ETFs are exchange-traded funds that seek to track a benchmark index like the S&P 500 as closely as possible.

Table of Contents
What Is an Index ETF? Understanding Index ETFs
Advantages of an Index ETF
Index ETFs are exchange-traded funds that seek to replicate and track a benchmark index like the S&P 500 as closely as possible. They are like index mutual funds, but whereas mutual fund shares can be redeemed at just one price each day (the closing net asset value (NAV)), index ETFs can be bought and sold throughout the day on a major exchange like a share of stock. Other types of ETFs include leveraged ETFs, which move like a regular ETF with an added multiplier, or short ETFs, which perform well when the underlying asset tumbles. Index ETFs can be set up as either grantor trusts, unit investment trusts (UITs) or open-ended mutual funds, and will subsequently have some different regulatory guidelines.

Index ETF

An India exchange-traded fund (ETF) tracks the collective performance of securities listed on a stock exchange in India.

An India exchange-traded fund (ETF) is a financial instrument designed to track the performance of a basket of securities listed on a stock exchange in India. An India exchange-traded fund (ETF) is a financial instrument designed to track the performance of a basket of securities listed on a stock exchange in India. An India exchange-traded fund (ETF) tracks the collective performance of securities listed on a stock exchange in India. India houses 18 percent of the global population, has the third-largest purchasing power parity (PPP) in the world and, alongside, China is on course to surpass the U.S. as the biggest economy on the planet.﻿﻿ Those characteristics and prospects present plenty of opportunities for domestic-based companies to capitalize on and potentially mouth-watering returns for investors with stakes in them. An India ETF may mirror the returns of a major index, group of sectors or different cap sizes, providing investors with broad exposure to the burgeoning Indian economy, or a segment of it, through a diversified asset.

India ETF

An insurance industry ETF invests primarily in insurance companies to obtain investment results that closely track an underlying index of insurers. 

An insurance industry ETF is an exchange-traded fund (ETF) that aims to generate returns equal to an underlying index of insurers. An insurance ETF invests in all types of insurers, including property and casualty insurers, life insurance companies, full line insurers, and insurance brokers. An insurance industry ETF is an exchange-traded fund (ETF) that aims to generate returns equal to an underlying index of insurers. An insurance industry ETF is an exchange-traded fund (ETF) that aims to generate returns equal to an underlying index of insurers. Insurance industry ETFs generally offer investors the same benefits as traditional exchange-traded funds, including low expense ratios, flexibility, decent liquidity, and tax efficiency.

Insurance Industry ETF

An intelligent ETF is an exchange-traded fund (ETF) that is actively selected and traded.

An intelligent ETF is an exchange-traded fund (ETF) that employs an active investment strategy based on a broad index, such as the S&P 500, or a sector-based index. This extra legwork does come at an extra cost, though: Most intelligent ETFs carry higher expense ratios than standard ETFs, as well as substantially higher turnover ratios.
The logical next step in intelligent ETFs are artificial ETFs: Intelligent ETFs chosen and managed by computer programs that follow set guidelines and analyze funds to find the best performers within the constraints of the given rules.
The sheer number of stocks artificial ETFs are able to scrutinize gives them the advantage over traditionally-managed intelligent ETFs. The majority of ETFs are passively managed, aiming to replicate the returns of the broader equity market or a specific sector or trend by mirroring the holdings of a designated index — a hypothetical portfolio of securities representing a particular market or a segment of it.
Intelligent ETFs differ. An intelligent ETF is an exchange-traded fund (ETF) that employs an active investment strategy based on a broad index, such as the S&P 500, or a sector-based index. Most intelligent ETFs carry higher expense ratios than standard ETFs, as well as substantially higher turnover ratios.

Intelligent ETF

An inverse volatility exchange-traded fund (ETF) is a financial product that allows investors to bet on market stability without having to buy options.

An inverse volatility exchange-traded fund (ETF) is a financial product that allows investors to gain exposure to volatility, and thus hedge against portfolio risk, without having to buy options. If the index that an inverse volatility ETF tracks rises 100 percent in one day, the value of the ETF could be entirely wiped out, depending on how closely it tracked the index. Some tracking error is common as these ETFs don’t fully replicate the negative return on an index, but rather the negative of the return on a blend of its short-term futures. An inverse volatility exchange-traded fund (ETF) is a financial product that allows investors to gain exposure to volatility, and thus hedge against portfolio risk, without having to buy options. In the case of an inverse volatility ETF that tracks the VIX, managers short VIX futures so that the daily return is -1 times the return of the index. As long as volatility remains low, investors may see a substantial return, as an inverse volatility ETF is essentially a bet that the market will remain stable.

Inverse Volatility ETF

A global leader in exchange-traded funds (ETF), iShares, Inc. has nearly $2 trillion invested in over 800 different products.

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iShares MSCI Emerging Markets ETF Factsheet, EEM, 06/30/2021

A global leader in exchange-traded funds (ETFs), iShares has over $2 trillion invested in more than 800 different product offerings across a wide range of asset classes and investment strategies. For example, the iShares Core S&P 500 ETF (IVV) tracks the S&P 500 Index, whereas the iShares MSCI Emerging Market ETF (EEM) follows more than 800 large and mid-cap companies in developing countries. Founded in the year 2000, the initial iShares listings were established on major exchanges such as the NYSE Euronext, Chicago Board Options Exchange, Nasdaq, and NYSE Arca.
iShares is one of the world's largest and well-known ETF providers, offering more than 800 products worldwide. Below are some popular products under the iShares brand:
**iShares Core S&P 500 ETF** (IVV): iShares is a subsidiary of BlackRock, the world's largest asset management company, and BlackRock is responsible for issuing and marketing iShares products.

iShares

A Japan ETF is a type of exchange-traded fund (ETF) that invests in Japanese equities trading on local stock exchanges.

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Table of Contents
What Is a Japan ETF?
How Japan ETFs Work
Special Considerations
Benefits of Japan ETFs
Criticism of Japan ETFs
Example of a Japan ETF A Japan ETF refers to an exchange-traded fund (ETF) that invests the majority of its assets in Japanese equities trading on local stock exchanges. Like other ETFs, Japan ETFs are diversified investments that have a low initial investment requirement and lower costs. Japan ETFs, like other international ETFs, provide U.S. investors with an easy way to gain exposure to the country without needing to directly buy its stocks and place all their eggs into one basket. Japan ETFs give investors access to the Japanese economy through currency, equity, and fixed-income markets.

Japan ETF

A no-fee ETF is an exchange-traded fund (ETF) that can be bought and traded without paying a commission or fee to a broker. 

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Table of Contents
What Is a No-Fee ETF?
Understanding a No-Fee ETF A no-fee ETF, also known as a zero-fee ETF, is an exchange-traded fund (ETF) that can be bought and traded without paying a fee to a broker.
Brokerages generally offer free trades to draw investors to their platforms and remain competitive — normally there's a charge each time an ETF is bought or sold.
Sometimes ETFs are traded several times per day, so their no-fee counterparts can save investors a lot of money. A no-fee ETF, or zero-fee ETF, is an exchange-traded fund (ETF) that can be bought and traded without paying a commission or fee to a broker. Some no-fee ETF deals may be struck as part of a marketing arrangement with a particular asset manager, leaving investors with a limited range of funds in which to invest. 2:13
A no-fee ETF is generally used to attract potential investors to move their accounts to a new broker.

No-Fee ETF

A passive ETF is a method to invest in an entire index or sector with the benefits of low costs and transparency absent in active investing.

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A passive exchange-traded fund (ETF) is a financial instrument that seeks to replicate the performance of the broader equity market or a specific sector or trend. However, passive ETFs are subject to total market risk, lack flexibility, and are heavily-weighted to the highest valued stocks in terms of market cap. Passive ETFs are subject to total market risk in that when the overall stock market or bond prices fall, so do funds tracking the index. Investors shouldn't automatically assume that this flexibility guarantees active ETFs to beat the market and their passive peers. A passive exchange-traded fund (ETF) is a financial instrument that seeks to replicate the performance of the broader equity market or a specific sector or trend.

Passive ETF

PowerShares are the branded name of a family of domestic and international exchange-traded funds managed by the investment management company Invesco Ltd. 

PowerShares is the branded name of a family of domestic and international exchange traded funds (ETFs) managed by the investment management company Invesco Ltd. One of the first popular index ETFs, the PowerShares QQQs, which tracks the Nasdaq 100 index, launched in 1999.
Founded in 2003 In addition to its smart beta suite of ETFs, PowerShares offered market-cap-weighted ETFs designed to track index and stock sector performances, investment style-box ETFs, investment theme-based ETFs, risk-based ETFs as well as ETFs that tracked such alternative asset classes as currencies and real estate. PowerShares is the branded name of a family of domestic and international exchange traded funds (ETFs) managed by the investment management company Invesco Ltd. One of the first popular index ETFs, the PowerShares QQQs, which tracks the Nasdaq 100 index, launched in 1999.
Founded in 2003 The company's broad categories of ETFs offer investors choices such as actively managed ETFs, ETFs focused on dividend-paying stocks, commodities, and fixed-income products. While ETFs were originally designed to track a market index, PowerShares was part of a universe of ETFs designed to outperform market indexes.

PowerShares

Premium to net asset value (NAV) presents when the value of an exchange-traded investment fund is at a premium to its daily reported accounting NAV.

Premium to net asset value (NAV) is a pricing situation that occurs when the value of an exchange-traded investment fund is trading at a premium to its daily reported accounting NAV. Premium to net asset value (NAV) is a pricing situation that occurs when the value of an exchange-traded investment fund is trading at a premium to its daily reported accounting NAV. Premium to net asset value (NAV) is a pricing situation that occurs when the value of an exchange-traded investment fund is trading at a premium to its daily reported accounting NAV. Since a fund’s NAV only represents the total value of the assets in the fund at the end of the day, there is significant latitude for funds trading on exchanges to fluctuate from their NAV. A premium to NAV is most often driven by a bullish outlook on the securities in a fund, as investors are generally willing to pay a premium because they believe securities in the portfolio will end the day higher.

Premium to Net Asset Value

ProShares offers investors unique strategies for ETF investing with funds that leverage the performance of an underlying index.

ProShares is a division of ProFunds Group that manages various investment funds with combined assets under management of around $58 billion. Short ProShares are inverse ETFs that move opposite to the market, while Ultra ProShares is a family of leveraged ETFs that amplify market performance by a factor of two or three. ProShares includes over 140 different products, including leveraged and inverse ETFs, with one of its most popular products being the Ultra S&P 500 that seeks double the return of the S&P 500. The ProShares Ultra Short S&P 500 (SPXU) is a leveraged ETF that aims at a return that is three times the inverse of the daily performance of the S&P 500 Index. The ProShares Trust Ultra VIX Short-Term Futures ETF (UVXY) is a popular product offered by ProShares.

ProShares

A redemption mechanism is a method used by market makers of exchange-traded funds (ETFs) to reconcile net asset value (NAV) and market values.

A redemption mechanism is a method used by market makers of exchange-traded funds (ETF) to reconcile the differences between net asset values (NAV) and market values. When an ETF’s share price strays from the fair value of its portfolio of securities, authorized participants (APs) will simultaneously buy and sell to make themselves a profit.
When NAV and market values diverge, APs can intervene and capitalize on arbitrage opportunities — the act of buying a security in one market and simultaneously selling it in another to cash in on a temporary difference in prices. If the ETF is in high demand and trades at a premium, the AP could sell the shares it received during its creation and make a spread between the cost of the assets it bought for the ETF issuer and the selling price from the ETF shares. It may also go into the market and buy the underlying shares that compose the ETF directly at lower prices, sell ETF shares on the open market at a higher price, and capture the spread. This process, also referred to as the ETF creation and redemption mechanism, helps to prevents shares of an ETF trading at a discount or premium, keeping it in line with its underlying NAV, the fair value of a single share of the fund.

Redemption Mechanism

A retail industry ETF is an exchange-traded fund that invests in retail companies.

A retail industry ETF is an exchange-traded fund (ETF) that invests its capital solely in the stocks of companies that sell retail merchandise to consumers. Some popular retail industry ETFs are as follows:
SPDR S&P Retail ETF (XRT)
Amplify Online Retail ETF (IBUY)
ProShares Online Retail ETF (ONLN)
VanEck Vectors Retail ETF (RTH) The idea of a retail industry ETF is to provide an investor with broad exposure to the retail industry as opposed to them investing in one or a few specific retail companies. A retail industry ETF is an exchange-traded fund (ETF) that invests its capital solely in the stocks of companies that sell retail merchandise to consumers. A retail industry ETF is an exchange-traded fund (ETF) whose capital is invested in the stocks of retail companies.

Retail Industry ETF

A Regulated Investment Company (RIC) is a mutual fund, real estate investment trust (REIT), or unit investment trust that passes taxes on to investors.

A regulated investment company (RIC) can be any one of several investment entities. To qualify as a regulated investment company the business has to meet specific perimeters.
1.  Exist as a corporation, or other entity, which would ordinarily have taxes assessed as a corporation.
2.  Be registered as an investment company with the Securities and Exchange Commission (SEC).
3.  Elect to be deemed as an RIC by the Investment Company Act of 1940 as long as its income source and diversification of assets meets specified requirements.
Additionally, an RIC must derive a minimum of 90% of its income from capital gains, interest or dividends earned on investments. Without the regulated investment company allowance, both the investment company and its investors would have to pay taxes on the company's capital gains or earnings. The purpose of utilizing pass-through or flow-through income is to avoid a double-taxation scenario as would be the case if both the investment company and its investors paid tax on company generated income and profits. The concept of pass-through income is also referred to as the conduit theory, as the investment company is functioning as a conduit for passing on capital gains, dividends and interest to individual shareholders.

Learn About Regulated Investment Company (RIC)

A services sector ETF is an exchange-traded fund (ETF) that primarily invests in the consumer services or financial services sector of an economy.

A services sector ETF is an exchange-traded fund (ETF) that aims to replicate the returns of an underlying services sector index, a hypothetical portfolio representing the industry, by investing in the same basket of securities. A services sector ETF is an exchange-traded fund (ETF) that aims to replicate the returns of the services sector by investing in the same basket of securities as an index responsible for representing it.
A wide variety of companies fit this bill, ranging from consumer services to financial services companies.
Though diverse, the services sector and its incumbents generally have one thing in common: they tend to be cyclical. A wide variety of companies fit this bill, ranging from consumer services firms such as internet service providers (ISP’s) to financial institutions (FIs) that deliver financial services and experience-based companies, including hotels and theme parks.
Many services are considered discretionary, meaning that returns from these ETFs are often directly tied to the health of the economy. A services sector ETF is an exchange-traded fund (ETF) that aims to replicate the returns of an underlying services sector index, a hypothetical portfolio representing the industry, by investing in the same basket of securities. A services sector ETF profits or declines based on the results of an underlying group of companies that supply intangible services to the population.

Services Sector ETF

A synthetic exchange-traded fund (ETF) trades derivatives and swaps rather than physical stocks, bonds, or other assets.

A synthetic exchange-traded fund (ETF) is a pooled investment that invests money in derivatives and swaps rather than in physical stock shares. Critics of synthetic funds point to several risks, including counterparty risk, collateral risk, liquidity risk, and potential conflicts of interest. This is due to specific regulations enforced by the US Securities and Exchange Commission in 2010 that prohibit the launch of new funds by asset managers not already sponsoring a synthetic ETF. A synthetic exchange-traded fund (ETF) is a pooled investment that invests money in derivatives and swaps rather than in physical stock shares. The synthetic exchange-traded fund also seeks to match the performance of a benchmark index, but it does not own any physical securities.

Synthetic Exchange-Traded Fund (ETF)

Ultra ETFs are a class of exchange-traded funds (ETF) that employ leverage in an effort to amplify the return of a set benchmark.

An ultra ETF is a class of exchange-traded fund (ETF) that employs leverage in an effort to amplify the return of a set benchmark. Ultra ETFs are also known as leveraged ETFs or geared funds.
An ultra ETF is a class of exchange-traded fund (ETF) that employs leverage in an effort to amplify the return of a set benchmark.
They use financial derivatives and debt to increase the impact of price movements, offering to double, triple or more the long or short performance of a given underlying index. Ultra ETFs represent just a small portion of the total ETF universe, accounting for approximately $49 billion, or 3.6 percent of the $1.4 trillion total ETF market as of January 2021.
Anyone looking to make long-term, buy and hold investments should also steer clear of ultra ETFs. They are best suited to short-term investing strategies or quick trading to maximize a given bet in the market — due to the high-risk, high-cost structure of ultra ETFs, they are rarely used as long-term investments. Since first arriving on the scene in 2006, ultra ETFs have grown to include different ETFs with underlying benchmarks ranging from broad market indexes, such as the S&P 500 and Russell 2000, to specific sectors, such as technology, healthcare, and basic materials.

Ultra ETF

A yen ETF is an exchange-traded fund (ETF) that tracks the Japanese yen (JPY) in the FX markets.

A yen ETF is an exchange traded fund (ETF) that tracks the relative value of Japan’s currency, the Japanese yen (JPY), in the foreign exchange (forex) market against a basket of other currencies or a single currency such as the U.S. dollar (USD). A yen ETF is an exchange traded fund (ETF) that tracks the relative value of Japan’s currency, the Japanese yen (JPY), in the foreign exchange (forex) market against a basket of other currencies or a single currency such as the U.S. dollar (USD). Over the years, many have opted for the yen: the third-most widely traded currency globally, behind the USD and the euro, and the most widely traded currency in Asia.
The yen is sometimes used to provide diversification, as it frequently trades inversely to the other major currencies in relation to the U.S. dollar. A yen ETF is tasked with tracking the relative value of Japan’s currency against a basket of other currencies or a single currency. The portfolios of yen ETFs usually include yen-denominated futures contracts, debt securities, money market funds, and cash deposits.

Yen ETF

A zombie exchange-traded fund (ETF) is an ETF that is generating little new interest from investors and may be destined to be shut down by its issuer.

Number of Exchange Traded Funds (ETFs) in the United States from 2003 to 2019

ETFGI reports assets in the global ETFs and ETPs industry which will turn 30 years old in March started the new decade with a record 6.35 trillion US dollars

Morningstar's Annual Fund Fee Study Finds Investors Saved Nearly $6 Billion in Fund Fees in 2019

A zombie exchange-traded fund (ETF) is an ETF that is generating little interest from new investors. A zombie exchange-traded fund (ETF) is an ETF that is generating little interest from new investors. Another factor that can turn ETFs into zombies is high management fees: The average dead ETF carries an expense ratio (ER) of 0.65%, comfortably above the industry average. The broadest and most popular ETFs, such as the SPDR S&P 500 ETF Trust (SPY), have filled much of the market demand, leaving few gaps left to capitalize on. ETFs are very popular with individual investors because they can produce results comparable to those of mutual funds or professional investment managers but with lower fees.

ETFs

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