Exchange-Traded Funds (ETFs)

Exchange-Traded Funds (ETFs)
Exchange-Traded Funds (ETFs) are investment funds traded on stock exchanges, allowing for flexibility and real-time trading. They offer advantages over traditional mutual funds by being priced throughout the trading day.
SPDR (Standard & Poor's Depositary Receipt)
SPDRs, also known as Standard & Poor's Depositary Receipts or 'spiders,' are securities traded on major exchanges representing ownership in a long-term unit investment trust that holds a portfolio of common stocks. These portfolios are meticulously designed to track the performance of the S&P 500 Index.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.