Published on 1 Feb 2023 on Bankrate via Yahoo Finance
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Exchange-traded funds (ETFs) allow investors to buy a collection of stocks or other assets in just one fund with (usually) low expenses, and they trade on an exchange like stocks. ETFs have become tremendously popular in the last decade and now hold trillions of dollars in assets. With literally thousands of ETFs to choose from, where does an investor start? Below are some of the top ETFs by category, including some highly specialized funds.
What is an ETF and how does it work?