Funds That Track Indexes and Sectors
Here's the skinny on exchange-traded funds.
By Dian Vujovich •
Opinions expressed by Entrepreneur contributors are their own.
Turned off by mutual funds but like the idea of investing in a packaged product that's designed to track an index or sector? Consider exchange-traded funds, or ETFs.
ETFs are like an index fund and closed-end fund combo. Each represents a basket of various indices-from ones that track the S&P 500 to international and sector indices-and trade as stocks do, all day long.
Continue reading this article — and all of our other premium content with Entrepreneur+
For just $5, you can get unlimited access to all Entrepreneur’s premium content. You’ll find:
- Digestible insight on how to be a better entrepreneur and leader
- Lessons for starting and growing a business from our expert network of CEOs and founders
- Meaningful content to help you make sharper decisions
- Business and life hacks to help you stay ahead of the curve