How ETFs allow you to buy whole markets like a stock

What Are ETFs?

Why some investors use ETFs

Types Of ETF

Active ETFs and smart beta

Active ETFs And “Smart Beta”

How to build a balanced portfolio with just two products...

Building An ETF Portfolio

Putting the theory into practice

How To Buy An ETF

There’s no real roadmap for navigating this kind of banking crisis. So Russell takes a look at the road ahead and where you might find opportunities now.

The Two Big Risks Ahead For US Banks, And What It All Means For Your Portfolio

With all this volatility, you may want to write that useful old adage down.

Remember: It’s About Time In The Market (Not Timing The Market)

JPMorgan’s leading the charge to save First Republic Bank – but not out of pure generosity

JPMorgan To The Banking Rescue

Big Tech kept downsizing, with Amazon nixing another 9,000 jobs

Amazon’s Cutting Down On More Workers

JPMorgan’s leading the charge to save First Republic Bank, while Big Tech kept downsizing with Amazon nixing another 9,000 jobs

Your Daily Brief For March 22nd

How to evaluate ETFs

Exchange-Traded Funds And “Smart Beta”: How To Buy Entire Markets

ETFs And Smart Beta

Exchange-traded funds (ETFs) track the movements of an index, making it easy to invest in a whole host of markets – from Indonesian shares to gold. Like Amazon and Radiohead, ETFs have exploded in popularity since being launched in the 90’s – and there are now about 5,000 globally investing more than $5 trillion.

ETFs have many similarities with traditional tracker funds, which also copy the performance of an index such as the S&amp;P 500. But their particular success is largely due to the ways they resemble stocks.

__How are they like stocks?__ Well, as the name suggests, ETFs trade on exchanges (venues that connect people wanting to buy with those looking to sell). This means they can be bought or sold at any time during the working day – unlike most traditional funds, which can typically only change hands at the end of the day.

And, as with stocks, investors can also sell ETFs short (betting that the price will fall) or purchase options (wagers that the ETF will be trading above or below a certain price on a future date). They’re also like stocks in that some ETFs are incredibly popular with investors, changing hands thousands of times a second, while some trade much less frequently.

That’s all for our first session on ETFs. In the next session we’ll walk you through the different types of ETF available.

Pack

chapterId

encryptedEmail

ContentPieceChapterQuery

viewer

query ContentPieceChapterQuery(
  $chapterId: String!
  $encryptedEmail: String
) {
  viewer {
    authorization {
      roles {
        isAnonymous
      }
      ...SingleContentPieceChapter_authorization
    }
    content(encryptedEmail: $encryptedEmail) {
      ...SingleContentPieceChapter_content
      contentPieceChapter(chapterId: $chapterId) {
        __typename
        ...SingleContentPieceChapter_contentPieceChapter
        id
      }
    }
    id
  }
}

fragment AudioOnlyBanner_contentPiece on ContentPieceInterface {
  __isContentPieceInterface: __typename
  headerImage {
    ...ServerImage_image
  }
  title
}

fragment Avatar_image on URLImage {
  original
}

fragment Block_block on ContentPieceBlock {
  __isContentPieceBlock: __typename
  __typename
  ... on TextBlock {
    id
    ...TextBlock_block
  }
  ... on ImageBlock {
    id
    ...ImageBlock_block
  }
  ... on QuoteBlock {
    id
    ...QuoteBlock_block
  }
}

fragment ChapterSelector_contentPieceChapter on ContentPieceChapterInterface {
  __isContentPieceChapterInterface: __typename
  contentPiece {
    __typename
    title
    chapters {
      __typename
      title
      subtitle
      id
      slug
    }
    id
  }
}

fragment ContentHeader_contentPiece on ContentPieceInterface {
  __isContentPieceInterface: __typename
  ...DefaultContentHeader_contentPiece
  ...EvergreenContentHeader_contentPiece
  contentPieceType {
    isEvergreen
  }
}

fragment ContentMetadata_contentPiece on ContentPieceInterface {
  __isContentPieceInterface: __typename
  byline
  consumptionTime
  dateUpdatedDisplay
  contentPieceType {
    name
  }
}

fragment ContentPieceChapterSEO_contentPieceChapter on ContentPieceChapterInterface {
  __isContentPieceChapterInterface: __typename
  title
  contentPiece {
    __typename
    byline
    imageForSeo: headerImage {
      url: full
    }
    id
    title
    seoTitle
    searchDescription
  }
  subtitle
  firstPublishedAt
  id
  ... on PublicContentPieceChapter {
    globalContentPieceChapterId
  }
}

fragment ContentPieceExploreMore_content_4goxN4 on Content {
  moreContentPiecesOfSameType: contentPieces(first: 5) {
    edges {
      node {
        title
        id
        slug
        subtitle
        canonicalLink
      }
    }
  }
}

fragment ContentPieceSponsor_contentPiece on ContentPieceInterface {
  __isContentPieceInterface: __typename
  sponsoringCompany {
    id
    name
    link
    logo {
      ...ServerImage_image
    }
  }
}

fragment DefaultContentHeader_contentPiece on ContentPieceInterface {
  __isContentPieceInterface: __typename
  ...ContentMetadata_contentPiece
  ...ListenButton_contentPiece
  ...AudioOnlyBanner_contentPiece
  ...KeyInsights_contentPiece
  id
  deepLink
  canonicalLink
  title
  author {
    id
    byline
    profilePicture {
      ...Avatar_image
    }
  }
  headerImage {
    ...ServerImage_image
  }
}

fragment EvergreenContentHeader_contentPiece on ContentPieceInterface {
  __isContentPieceInterface: __typename
  ...ContentMetadata_contentPiece
  ...ListenButton_contentPiece
  ...ContentPieceSponsor_contentPiece
  canonicalLink
  id
  deepLink
  title
  hasAudio
  headerImage {
    ...ServerImage_image
  }
}

fragment ImageBlock_block on ImageBlock {
  image {
    ...ServerImage_image
  }
  alt
  caption
}

fragment KeyInsightsBlock_contentPiece on ContentPieceInterface {
  __isContentPieceInterface: __typename
  keyInsightsBlocks {
    id
    textMarkdown
  }
}

fragment KeyInsightsCarousel_contentPiece on ContentPieceInterface {
  __isContentPieceInterface: __typename
  keyInsightsBlocks {
    id
    textMarkdown
  }
}

fragment KeyInsights_contentPiece on ContentPieceInterface {
  __isContentPieceInterface: __typename
  ...KeyInsightsCarousel_contentPiece
  ...KeyInsightsBlock_contentPiece
  keyInsightsBlocks {
    id
    textMarkdown
  }
}

fragment ListenButton_contentPiece on ContentPieceInterface {
  __isContentPieceInterface: __typename
  id
  title
  trackingTitle
  subtitle
  readingTime
  isPremium
  hasBlocks
  hasChapters
  hasAudio
  contentPieceType {
    name
    trackingName
  }
  ...AudioOnlyBanner_contentPiece
}

fragment MainContentChapterSection_contentPieceChapter on ContentPieceChapterInterface {
  __isContentPieceChapterInterface: __typename
  globalContentPieceChapterId
  title
  trackingTitle
  isFirstChapter
  subtitle
  readingTime
  hasBlocks
  hasAudio
  id
  deepLink
  blocks {
    __typename
    ...Block_block
    ... on Node {
      __isNode: __typename
      id
    }
  }
  siblingChapters {
    id
  }
  contentPiece {
    __typename
    ...ContentHeader_contentPiece
    id
  }
  ...ChapterSelector_contentPieceChapter
  ...NextPreviousChapter_contentPieceChapter
  ...ContentPieceChapterSEO_contentPieceChapter
}

fragment MoreContentSection_content on Content {
  ...ContentPieceExploreMore_content_4goxN4
  mostRecentBrief: contentPieces(first: 1, contentType: "DAILY_BRIEF") {
    edges {
      node {
        id
        ...SingleContentLarge_contentPiece
      }
    }
  }
  mostRecentInsight: contentPieces(first: 1, contentType: "INSIGHT") {
    edges {
      node {
        id
        ...SingleContentLarge_contentPiece
      }
    }
  }
}

fragment NextPreviousChapter_contentPieceChapter on ContentPieceChapterInterface {
  __isContentPieceChapterInterface: __typename
  globalContentPieceChapterId
  siblingChapters {
    title
    subtitle
    globalContentPieceChapterId
    slug
    id
  }
}

fragment QuoteBlock_block on QuoteBlock {
  quote
  caption
}

fragment ServerImage_image on URLImage {
  full
}

fragment SingleContentLarge_contentPiece on ContentPieceInterface {
  __isContentPieceInterface: __typename
  title
  byline
  consumptionTime
  headerImage {
    ...ServerImage_image
  }
  hasChapters
  chapters {
    __typename
    id
    slug
  }
  id
  slug
  canonicalLink
}

fragment SingleContentPieceChapter_authorization on Authorization {
  roles {
    hasPremiumSubscription
    isPreviewing
    isAnonymous
    isPreviewingContentAllowance
  }
}

fragment SingleContentPieceChapter_content on Content {
  ...MoreContentSection_content
  anonymousUserHasPremium
}

fragment SingleContentPieceChapter_contentPieceChapter on ContentPieceChapterInterface {
  __isContentPieceChapterInterface: __typename
  ...MainContentChapterSection_contentPieceChapter
  hasAudio
  globalContentPieceChapterId
  hasBlocks
  isPremium
  trackingTitle
  contentPiece {
    __typename
    ...AudioOnlyBanner_contentPiece
    globalContentPieceId
    trackingTitle
    isPremium
    contentPieceType {
      name
      trackingName
    }
    id
  }
}

fragment TextBlock_block on TextBlock {
  textMarkdown
}
