Are ETNs suitable for passive investors?
Are ETNs truly a suitable investment option for those who prefer a more passive approach to their portfolio? Given their nature as Exchange Traded Notes, which track the performance of an underlying asset or index but are not backed by that asset directly, do they offer the stability and predictability that passive investors often seek? Additionally, how do their fees and expenses compare to other passive investment vehicles, such as ETFs or index funds? And lastly, are there any potential risks associated with ETNs that passive investors should be aware of before making an investment decision?