An ETF, or exchange-traded fund, is a marketable security that tracks a stock index, a commodity, bonds, or a basket of assets. Although similar in many ways, ETFs differ from mutual funds because shares trade like common stock on an exchange. The price of an ETF’s shares will change throughout the day as they are bought and sold. The largest ETFs typically have higher average daily volume and lower fees than mutual fund shares which makes them an attractive alternative for individual investors.
At Antonetti Capital, we are “security agnostic” and use the right tools or investment security for our clients. As a result, we may or may not include ETF’s as part of investment strategy. It simply depends upon if it is the right tool to meet our client’s investment objectives.