Exchange funds should not be confused with exchange-traded funds (ETFs), which are mutual fund-like securities that trade on stock exchanges. Exchange funds allow investors to diversify their ...

An ETF is a collection of securities packaged and sold in a single basket, or fund. Most ETFs are passively managed. Learn ...

Exchange-traded funds allow pooled investment in stocks or bonds, trading like stocks with fluctuating prices. Lower expense ratios in ETFs save investors money; dividends can be reinvested ...