What is an ETF index fund? | Ewpple

 

Ewpple | Income For Life

Ewpple - What is an ETF index fund?

• Index fund or Exchange-traded funds (ETFs) tracks specific indexes, such as stocks, REITs, bonds, or other financial indices.
• Each ETF is composed of a portfolio of financial assets similar to the components of the index it tracks.
• ETFs are listed on exchanges.
• Just like any other company stock, it is traded throughout the day on the stock market.
• It mimics the price movement of the underlying index.
• Instead of being driven by trading momentum, the ETF price closely reflects the fund's net asset value (NAV).
• Among ETFs, SPY, IVV & VOO track S&P 500 index, and QQQ tracks Nasdaq 100 index.

You can contact me if you are interested in growing your wealth.

Here is a link to the disclaimer page.