This article originally appeared on: https://www.roundhillinvestments.com/blog/what-is-an-etf
This is, by far, one of the most comprehensive articles I’ve read about what exactly an ETF is. Please enjoy.
WHAT IS AN ETF? THE ULTIMATE GUIDE FOR BEGINNERS
by Will Hershey / July 22, 2019
Over the past decade, ETFs have surged in popularity. In the U.S. alone, there are now more than 2,200 ETFs, with combined assets under management of $4 trillion (that’s trillion, with a T). In a 2019 survey by Charles Schwab, 79% of investors said that ETFs were their preferred investment vehicle and 63% responded that they saw ETFs as their primary investment vehicle moving forward. For younger investors, the appetite and interest in ETFs is even more pronounced. A remarkable 90% of millennial respondents, aged 25 to 38, reported ETFs as their investment vehicle of choice.
Continue reading at: https://www.roundhillinvestments.com/blog/what-is-an-etf