[{"data":1,"prerenderedAt":61},["ShallowReactive",2],{"term:etf":3},{"term":4,"related":48},{"id":5,"title":6,"body":7,"category":27,"description":28,"extension":29,"faq":30,"meta":34,"navigation":35,"path":36,"related":37,"seo":41,"stem":42,"takeaways":43,"__hash__":47},"terms\u002Fterms\u002Fetf.md","Exchange-Traded Fund (ETF)",{"type":8,"value":9,"toc":22},"minimark",[10,15,19],[11,12,14],"h2",{"id":13},"understanding-exchange-traded-fund","Understanding Exchange-Traded Fund",[16,17,18],"p",{},"An ETF pools investor money into a portfolio, often one that tracks an index. Its shares trade throughout the day at market prices.",[16,20,21],{},"ETFs usually have lower costs and better tax efficiency than actively managed mutual funds.",{"title":23,"searchDepth":24,"depth":24,"links":25},"",2,[26],{"id":13,"depth":24,"text":14},"investing","A fund that holds a basket of assets and trades on an exchange like a stock.","md",[31],{"q":32,"a":33},"ETF or mutual fund?","Both pool money. ETFs trade during the day and are often cheaper; mutual funds price once a day and can allow automatic investing in exact dollar amounts.",{},true,"\u002Fterms\u002Fetf",[38,39,40],"index-fund","expense-ratio","mutual-fund",{"title":6,"description":28},"terms\u002Fetf",[44,45,46],"An ETF is a fund that trades like a stock.","Most ETFs track an index.","ETFs are typically low-cost and tax-efficient.","OVzkaiv6O9vzD6pgyl9dvAI0O1QhOHGWRA076vdnQrY",[49,53,57],{"title":50,"description":51,"path":52},"Expense Ratio","The yearly fee a fund charges, as a percentage of assets.","\u002Fterms\u002Fexpense-ratio",{"title":54,"description":55,"path":56},"Index Fund","A fund built to match the performance of a market index.","\u002Fterms\u002Findex-fund",{"title":58,"description":59,"path":60},"Mutual Fund","A pooled investment managed by professionals and priced once a day.","\u002Fterms\u002Fmutual-fund",1793226379186]