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What are ETFs in IYI?

ETFs (Exchange Traded Funds) are funds that pool together a diversified range of assets, such stocks, bonds, or even gold—without having to buy each one separately. An ETF (Exchange-Traded Fund) is like a basket that holds all those things together. When you buy a share of an ETF, you're buying a small piece of that basket. Investing in ETFs gives you exposure to a broad market or sector, offering a balanced approach to investment with lower risks compared to investing in individual assets.

Last updated: 9 Months Ago

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