Investment Types

ETF: Definition

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Simple Definition

A basket of stocks you can buy all at once. Stands for Exchange-Traded Fund.

Why It Matters

ETFs solved the biggest problem in investing: how do regular people diversify without becoming stock-picking experts? Buy one share of an S&P 500 ETF like VOO and you instantly own a piece of 500 companies including Apple, Microsoft, and Amazon. Warren Buffett recommends S&P 500 ETFs for most investors.

Key Points

  • Most ETFs charge tiny fees - often under 0.1% per year (less than $1 per $1,000 invested)
  • You can buy and sell ETFs anytime during market hours, unlike mutual funds
  • Popular choices: SPY, VOO (S&P 500), VTI (total market), QQQ (tech stocks)

Learn More

Foundation Lesson

What Is an ETF?

Get a complete explanation with examples, key takeaways, and a quiz to test your knowledge.

Related Terms

Common Questions

A basket of stocks you can buy all at once. Stands for Exchange-Traded Fund. ETFs solved the biggest problem in investing: how do regular people diversify without becoming stock-picking experts? Buy one share of an S&P 500 ETF like VOO and you instantly own a piece of 500 companies including Apple, Microsoft, and Amazon. Warren Buffett recommends S&P 500 ETFs for most investors.

ETFs solved the biggest problem in investing: how do regular people diversify without becoming stock-picking experts? Buy one share of an S&P 500 ETF like VOO and you instantly own a piece of 500 companies including Apple, Microsoft, and Amazon. Warren Buffett recommends S&P 500 ETFs for most investors.

Most ETFs charge tiny fees - often under 0.1% per year (less than $1 per $1,000 invested)

You can buy and sell ETFs anytime during market hours, unlike mutual funds

Popular choices: SPY, VOO (S&P 500), VTI (total market), QQQ (tech stocks)