What is an exchange-traded fund (ETF)?

An exchange-traded fund (ETF) is a type of pooled investment security that operates much like a mutual fund. Typically, ETFs will track a particular index, sector, commodity, or other assets, but unlike mutual funds, ETFs can be purchased or sold on a stock exchange the same way that a regular stock can.

What is the iShares exponential technologies ETF?

The iShares Exponential Technologies ETF seeks to track the investment results of Morningstar Exponential Technologies Index which is composed of developed and emerging market companies that create or use exponential technologies.

What is an index ETF?

Index ETFs - Most ETFs are index funds: that is, they track the performance of an index generally by holding the same securities in the same proportions as a certain stock market index, bond market index or other economic index.

What are ETFs & how do they work?

Typically, ETFs will track a particular index, sector, commodity, or other assets, but unlike mutual funds, ETFs can be purchased or sold on a stock exchange the same way that a regular stock can. An ETF can be structured to track anything from the price of an individual commodity to a large and diverse collection of securities.