What are the different types of ETFs?
- Submitted by 1 year ago
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Answer
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Depending on your objectives, values, and attitude to risk, you can invest in many different types of ETFs. These include:
- Industry ETFs focus on a specific industry, like financial services, resources, or healthcare.
- Commodity ETFs invest in commodities, such as gold or iron ore.
- Fixed-income ETFs concentrate on investments that offer a fixed return, like government or corporate bonds.
- Currency ETFs invest in the US dollar, Euro, or other international currencies.
- International ETFs invest in overseas shares, bonds, and commodities.
- Ethical ETFs invest in businesses that align with defined values, like sustainability.
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