ETF meaning in Stock Exchange ?

Answer:

What is Exchange Traded Fund mean?

An exchange-traded fund (ETF) is a type of investment fund and exchange-traded product, i.e. they are traded on stock exchanges. ETFs are similar in many ways to mutual funds, except that ETFs are bought and sold from other owners throughout the day on stock exchanges while mutual funds are bought and sold from the issuer based on their price at day's end. An ETF holds assets such as stocks, bonds, currencies, and/or commodities such as gold bars, and generally operates with an arbitrage mechanism designed to keep it trading close to its net asset value, although deviations can occasionally occur. Most ETFs are index funds: that is, they hold the same securities in the same proportions as a certain stock market index or bond market index. The most popular ETFs in the U.S. replicate the S&P 500 Index, the total market index, the NASDAQ-100 index, the price of gold, the "growth" stocks in the Russell 1000 Index, or the index of the largest technology companies. With the exception of non-transparent actively managed ETFs, in most cases, the list of stocks that each ETF owns, as well as their weightings, is posted daily on the website of the issuer. The largest ETFs have annual fees of 0.03% of the amount invested, or even lower, although specialty ETFs can have annual fees well in excess of 1% of the amount invested. These fees are paid to the ETF issuer out of dividends received from the underlying holdings or from selling assets.

An ETF divides ownership of itself into shares that are held by shareholders. The details of the structure (such as a corporation or trust) will vary by country, and even within one country there may be multiple possible structures. The shareholders indirectly own the assets of the fund, and they will typically get annual reports. Shareholders are entitled to a share of the profits, such as interest or dividends, and they would be entitled to any residual value if the fund undergoes liquidation.

ETFs may be attractive as investments because of their low costs, tax efficiency, and tradability.

As of August 2021, $9 trillion was invested in ETFs globally, including $6.6 trillion invested in the U.S.

In the U.S., the largest ETF issuers are BlackRock iShares with a 35% market share, The Vanguard Group with a 28% market share, State Street Global Advisors with a 14% market share, Invesco with a 5% market share, and Charles Schwab Corporation with a 4% market share.

Closed-end funds are not considered to be ETFs, even though they are funds and are traded on an exchange. ETNs are exchange-traded notes, debt instruments that are not exchange-traded funds.

reference

Full Form	Category
European Technology Facility	Academic & Science
Extra Tall Fox	Academic & Science
Electronic Funds Transfer	Banking
European Task Force	Business
Extended Term Financing	Business
European Transport Workers' Federation	Business
Early Termination Fees	Business
Extended Trade Fund	Business
Exact Trading Fund	Business
Estimated Time Frame	Business
Estimated Total Fee	Business
Esoterically Taxed Fund	Business
Exchanged Traded Funds	Business
Emerging Markets Telecommunications Fund	Business
Emery, Tieber, and Friends	Community
End The Fate	Community
Escape The Fate	Computing
Extensible Terascale Facility	Computing
Electronic Toll Fraud	Computing
Entherfound	Cryptocurrency
Elevens To Fourteen	General
Extinction Task Force	General
Evangelische Theologische Faculteit	General
Eco Targa Florio	General
Engine Torque Factor	General
Engine Test Facilities	General
Energy Time And Frequency	Governmental
Employment and Training Fund	Governmental
Electronic Tax Filing	Governmental
Employee Trust Fund	Governmental
External Tailings Facility	Governmental
Employee Trust Funds	Governmental
Emergency Task Force	Governmental
Employment Training Fund	Governmental
Extra Tax Frustrations	Income Tax
ITARSI F CABIN	Indian Railway Station
Electron Transferring Flavoprotein	Medical
Eustachian Tube Function	Medical
Easy To Find	Messaging
Electronic Test Facility	Military and Defence
Engineering Test Facility	Military and Defence
Electronic Target Folder	Military and Defence
Energy, Time, Frequency	Physics Related
European Triode Festival	Regional
European Training Foundation	Regional
Exchange Traded Fund	Stock Exchange
Exchange Traded Funds	Stock Exchange
Early Termination Fee	Telecommunication