What Is ETF (Exchange-Traded Fund)?
From the SB Advisors Academy money glossary · Free, no signup
A collection of many investments bundled into one fund that trades on a stock exchange like a single stock, offering instant diversification at low cost.
A worked example
One S&P 500 ETF share gives you exposure to 500 major US companies at once, for the price of one share.
Category
Part of the "Investing Basics" group in the money glossary.