What Is the Difference Between ETFs and ETNs?
Since their inception in the 1990s, exchange-traded funds, abbreviated as ETFs, have enjoyed steadily increasing levels of investor interest. Because they are designed to imitate indexes of stocks or other benchmarks, exchange-traded funds typically have lower management fees than mutual funds do and are also simpler to grasp. The best part is that, just like stocks, they can be purchased and traded on exchanges.
However, exchange-traded notes (also known as ETNs) are a less well-known relative of exchange-traded funds (ETFs). It is similar to bonds in that it shares some of its qualities, but the return on investment is linked to a certain index or other indication.
KEY TAKEAWAYS
Both exchange-traded funds and exchange-traded notes aim to replicate the performance of an underlying asset.
Investing in an exchange-traded fund (ETF) means investing in a fund that owns shares of the underlying assets being tracked by the ETF.
An ETN is akin to a bond. It is a note of unsecured debt that has been issued by an establishment.
Exchange-Traded Funds (ETFs)
Both exchange-traded funds and exchange-traded notes are practically the same thing. Both are traded on major exchanges like stocks, both are supposed to track an asset that is underlying, and both have fewer expenses than mutual funds that are actively managed.
The most important distinction lies beneath the hood. Investing in an exchange-traded fund (ETF) entails making an investment in a fund that really owns the assets that the ETF follows. These assets can take the form of equities, bonds, gold or different commodities, futures contracts, or even a combination of other asset types.
Although it follows the performance of an index and bases its payouts on the index’s activity, an exchange-traded note (ETN) does not actually own the assets that it tracks.
Exchange Traded Notes, abbreviated as ETNs
An exchange-traded note, or ETN, is a form of financial investment that is comparable to a bond. It is a note of debt issued by a bank that is not secured by any collateral.
On an exchange, an ETN can be purchased or sold in the same way that an ETF can.
An exchange-traded note, or ETN, can be kept until maturity like a bond, or it can be bought or sold at any time. In the event that the underwriter, which is typically a bank, experiences financial difficulties, the investor runs the danger of losing their whole investment.
Because of this, anyone who is considering purchasing an ETN is obligated to investigate the financial standing of the underwriter of the security. Shares of the ETN are likely to see a decline that is unconnected to the fundamental index that it is tracking if its underwriter were given a credit downgrade.
An exchange-traded note, in contrast to some exchange-traded funds (ETFs), does not pay interest or dividends on the earnings of the index that it tracks. This is due to the fact that an ETN does not hold such assets and, as a result, does not receive any kind of dividend or interest on those assets. ETN investors do not have to pay taxes on any profits made from the investment until they either sell the security they bought or it matures.
Be warned that existing rules will eventually be superseded by new ones. Before submitting your return, you should consult with a tax professional.
Instead of using IRS Form 1099, which is used for reporting taxes on capital gains on stocks and ETFs, investors in exchange-traded notes (ETNs) utilize IRS Schedule K-1, which is used to report revenue on pass-through corporations, to report their profits and losses.
ETNs should not be disregarded. These funds have a more favorable tax treatment than some ETFs and are more effective than those funds.
Important Variations
ETNs have a significant advantage over ETFs due to the fact that their tracking errors are fewer. When it comes to monitoring their respective indexes, exchange-traded funds (ETFs) have various degrees of success. Because of a variety of reasons, such as illiquid components, investors will notice a certain amount of divergence from the index that they track.
Because the issuer of an ETN commits to paying the full amount of the underlying index (minus the cost ratio) when the security matures, practically all tracking errors are removed.
When the fund matures, an ETN makes payments to investors based on the value of the underlying asset or index. Because the mutual fund itself is not actively tracking, there is no such thing as a tracking error. It is not the fund itself that is responsible for following the underlying instrument; rather, market forces will lead the fund to track the instrument.
The Favorable Tax Treatment of ETNs
Because there are no taxes to pay on dividends and interest, exchange-traded notes (ETNs) have a tax benefit over other assets, including exchange-traded funds (ETFs). If an investor holds an ETN for a long period of time, they may be much better off financially if they only have to account for the long-term capital gains that are payable in the year the ETN is sold.
However, Exchange Traded Notes (ETNs) are a relatively recent investment vehicle, and there isn’t an extended record of the IRS’s treatment of unique instances to rely upon. Investors in exchange-traded notes (ETNs) would be smart to seek advice from a tax expert regarding any specific exemptions to the rules and changes in the regulations that may affect the value of their holdings.
Access to a Specialty Market
ETNs were developed with the goal of providing investors with access to underserved investment areas such as currencies, commodities, and emerging markets. This was one of the ETNs’ guiding principles.
There is a large selection of specialized goods that can also be purchased as exchange-traded funds. However, the tracking ETF for the time-tested and reliable S&P 500 Index continues to be the most popular choice among ETF investors.
Which Is Better?
ETFs are a superior option to consider if you adhere to the time-tested principle that you should never put your money into anything that you do not fully comprehend. The exchange-traded note (ETN) is a relative stranger to the world of investing, and it is difficult to understand.
Exchange-Traded Funds (ETFs) that are pegged to the S&P 500 Index are among the most widely held of all ETFs. They give investors the opportunity to have a stake in a wide variety of among the biggest and most profitable firms in the United States.
A little over 648,000 shares are traded on a daily basis on average in the JP Morgan Alerian MLP Index ETN (AMJ), which is one of the most widely held exchange-traded notes (ETNs). In contrast, the average daily volume of shares traded in the SPDR S&P 500 (SPY) ETF is over 65.7 million.
This unequivocally demonstrates how investor appetite is largely concentrated on exchange-traded funds (ETFs).
Are Exchange Traded Notes a High-Risk Investment?
ETNs contain risks, like investments of any kind. The danger that the issuer may default on their obligations comes first and foremost. An ETN is comparable to a bond that is not secured by anything in this regard. Your investment will be destroyed along with the institution if it goes bankrupt.
An ETN’s performance is determined by its correlation to a certain index. The value of the ETN moves up and down in tandem with that index. To put it another way, an ETN is comparable to an ETF in this regard.
Nevertheless, the performance of the ETN can be affected in two unique ways: by the movement of the market represented by the underlying index, as well as by the success of the company that is responsible for issuing the ETN.
Are ETNs Riskier Than ETFs?
ETNs are often seen as having a greater potential for loss than ETFs are because they are subject to both market risk and default risk.
It would take a major disaster for an exchange-traded fund (ETF) to lose all of its value, despite the fact that its value may drop significantly if the market were to tank. If the issuer of an ETN experiences financial difficulties, the ETN could lose all of its value.
Does an ETN Actually Own the Assets That Are Included in the Index?
The ETN is not the owner of anything. It’s the same thing as an IOU, really. It makes the commitment to pay back the loan after a predetermined amount of time, which is often 30 years. If the IOU is sold by its owner before the maturity date, the buyer will get an amount that is determined by the index which it tracks.
The Bottom Line Exchange-traded funds (ETFs) provide a return to their owners whenever the value of the index or benchmark that they track increases. The same principle applies to ETNs. Those who invest in either can monitor the value of their assets change from moment to moment and can decide at any time whether or not they want to sell their holdings.
However, there are some key distinctions. The fundamental assets that are tracked by ETNs are not owned by the ETNs themselves. They function similarly to bonds, and the risks associated with them are directly proportional to the strength of the organization that issuing them.
Here are a few ETFs and ETNs with option lists:
- AAXJ - iShares MSCI All Country Asia ex Japan Index Fund
- ACWI - iShares MSCI ACWI Index Fund
- ACWV - iShares MSCI All Country World Minimum Volatility ETF
- ACWX - iShares MSCI ACWI ex US Index Fund
- AFTY - CSOP FTSE China A50 ETF
- AGG - iShares Core Total US Bond Market ETF
- AGQ - ProShares Ultra Silver ETF
- AIA - iShares Asia 50 ETF
- ALFA - AlphaClone Alternative Alpha ETF
- AMJ - The JPMorgan Alerian MLP Index ETN
- AMLP - Alerian MLP ETF
- ANGL - VanEck Vectors Fallen Angel High Yield Bond ETF
- ARKK - ARK Innovation ETF
- ARGT - Global X FTSE Argentina 20 ETF
- ASHR - db X-trackers Harvest CSI 300 China A-Shares Fund
- ASHS - Deutsche X-trackers Harvest CSI 500 China A-Shares Small Cap ETF
- BAL - iPath Dow Jones-UBS Cotton Subindex Total Return ETN
- BBH - VanEck Vectors Biotech ETF
- BFOR - Barron’s 400 ETF
- BIB - ProShares Ultra Nasdaq Biotechnology ETF
- BIL - SPDR Bloomberg Barclays 1-3 Month T-Bill ETF
- BIS - ProShares UltraShort Nasdaq Biotechnology ETF
- BJK - VanEck Vectors Gaming ETF
- BKLN -Invesco Senior Loan Portfolio
- BND - Vanguard Total Bond Market ETF
- BNDX - Vanguard Total International Bond ETF
- BNO - United States Brent Oil Fund LP ETF
- BOIL - ProShares Ultra DJ-UBS Natural Gas ETF
- BOND - Pimco Total Return ETF
- BOTZ - Global X Robotics & Artificial Intelligence ETF
- BRF - VanEck Vectors Brazil Small Cap ETF
- BRZU - Direxion Daily Brazil Bull 3X Shares ETF
- BSV - Vanguard Short-Term Bond ETF
- BWX - SPDR Bloomberg Barclays International
- BZF - WisdomTree Dreyfus Brazilian Real Fund
- BZQ - ProShares UltraShort MSCI Brazil ETF
- CANE - Teucrium Sugar Fund
- CEMB - iShares®® JP Morgan EM Corporate Bond ETF
- CEW - WisdomTree Dreyfus Emerging Currency Fund
- CFA - VictoryShares US 500 Volatility Wtd ETF
- CHAD - Direxion Daily CSI 300 China A Share Bear 1X Shares ETF
- CHAU - Direxion Daily CSI 300 China A Share Bull 2X Shares ETF
- CHIQ - Global X China Consumer ETF
- CHIX - Global X China Financials ETF
- CIBR - First Trust NASDAQ CEA Cybersecurity ETF
- CNXT - VanEck Vectors China AMC SME-ChiNext ETF
- CNYA - iShares®® MSCI China A ETF
- CORN - Teucrium Corn Fund
- COW - iPath Dow Jones-UBS Livestock Total Return Sub-Index ETN
- COWZ - Pacer US Cash Cows 100 ETF
- CROC - ProShares UltraShort Australian Dollar ETF
- CSD - Invesco Spin-Off ETF
- CURE - Direxion Daily Healthcare Bull 3x Shares
- CVY - Invesco Multi-Asset Income ETF
- CWB - SPDR Barclays Convertible Securities ETF
- CWI - SPDR MSCI ACWI (ex-US) ETF
- CYB - WidsomTree Dreyfus China Yuan Fund
- DBA - Invesco DB Agriculture Fund
- DBB - Invesco DB Base Metals Fund
- DBC - Invesco DB Commodity Index Tracking Fund
- DBEF - db X-trackers MSCI EAFE Hedged Equity Fund
- DBEU - Deutsche X-trackers MSCI Europe Hedged Equity ETF
- DBJP - db X-trackers MSCI Japan Hedged Equity Fund
- DBO - Invesco DB Oil Fund
- DBS - Invesco DB Silver Fund
- DBV - Invesco DB G10 Currency Harvest Fund
- DDG - ProShares Short Oil & Gas ETF
- DDM - Ultra Dow 30 ProShares ETF
- DEM - WisdomTree Emerging Markets Equity, Income Fund
- DFE - WisdomTree Europe SmallCap Dividend Fund
- DFEN - Direxion Daily Aerospace & Defense Bull 3X Shares
- DFJ - WisdomTree Japan SmallCap Dividend Fund
- DGRW - WisdomTree U.S. Dividend Growth Fund
- DGS - WisdomTree Emerging Markets SmallCap Dividend Fund
- DIA - SPDR Dow Jones Industrial Average ETF
- DIG - Ultra Oil & Gas ProShares ETF
- DJP - iPath Dow Jones-UBS Commodity Index Total Return ETN
- DLN - WisdomTree LargeCap Dividend Fund
- DLS - WisdomTree International SmallCap Dividend Fund
- DON - WisdomTree MidCap Dividend Fund
- DRIP - Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares ETF
- DRN - Direxion Daily Real Estate Bull 3x Shares ETF
- DRV - Direxion Daily Real Estate Bear 3x Shares ETF
- DTEC - ALPS Disruptive Technologies ETF
- DTN - WisdomTree Dividend ex-Financials Fund
- DUG - UltraShort Oil & Gas ProShares ETF
- DUST - Direxion Daily Gold Miners Bear 3x Shares ETF
- DVY - iShares DJ Select Dividend ETF
- DWAS - Invesco DWA SmallCap Technical Leaders Portfolio
- DWX - SPDR S&P International Dividend ETF
- DXD - UltraShort Dow 30 ProShares ETF
- DXJ - WisdomTree Japan Hedged Equity Fund
- DXJS - WisdomTree Japan Hedged Small Cap Fund
- EBND - SPDR Barclays Emerging Markets Local Bond ETF
- ECH - iShares MSCI Chile Investable Market Index Fund
- ECNS - iShares MSCI China Small-Cap ETF
- ECON - EGShares Emerging Markets Consumer ETF
- EDC - Direxionshares Emerging Markets Bull 3X Shares ETF
- EDIV - SPDR S&P Emerging Markets Dividend ETF
- EDZ - Direxionshares Emerging Markets Bear 3X Shares ETF
- EEM - iShares MSCI Emerging Markets Index ETF
- EEMV - iShares MSCI Emerging Markets Minimum Volatility Index Fund
- EET - ProShares Ultra MSCI Emerging Markets ETF
- EEV - UltraShort MSCI Emerging Markets ProShares ETF
- EFA - Options on iShares MSCI EAFE Exchange Traded Fund
- EFAV - iShares MSCI EAFE Minimum Volatility Index Fund
- EFG - iShares MSCI EAFE Growth ETF
- EFV - iShares MSCI EAFE Value ETF
- ELD - WisdomTree Emerging Markets Local Debt Fund
- EMLC - VanEck Vectors Emerging Markets Local Currency Bond ETF
- EMB - iShares JPMorgan USD Emerging Markets Bond Fund
- ENZL - iShares MSCI New Zealand Capped ETF
- EPI - WisdomTree India Earnings Fund
- EPV - ProShares UltraShort MSCI Europe ETF
- ERX - Direxionshares Energy Bull 3X Shares ETF
- EUFN - iShares MSCI Europe Financials ETF
- EUM - Short MSCI Emerging Markets ProShares ETF
- EUO - ProShares UltraShort Euro ETF
- EURL - Direxion Daily FTSE Europe Bull 3x Shares ETF
- EWA - iShares MSCI Australia Index Fund
- EWC - iShares MSCI Canada Index Fund
- EWD - iShares MSCI Sweden Index ETF
- EWG - iShares MSCI Germany Index ETF
- EWH - iShares MSCI Hong Kong Index ETF
- EWI - iShares MSCI Italy Index Fund
- EWJ - iShares MSCI Japan Index ETF
- EWK - iShares MSCI Belgium Capped ETF
- EWL - iShares MSCI Switzerland Index Fund
- EWM - iShares MSCI Malaysia Index Fund
- EWN - iShares MSCI Netherlands ETF
- EWP - iShares MSCI Spain Index
- EWQ - iShares MSCI France Index Fund
- EWS - iShares MSCI Singapore Index Fund
- EWT - iShares MSCI Taiwan Index Fund
- EWU - iShares MSCI United Kingdom ETF
- EWV - ProShares UltraShort MSCI Japan ETF
- EWW - iShares MSCI Mexico Index
- EWX - SPDR S&P Emerging Small Cap ETF
- EWY - iShares iShares MSCI South Korea Index Fund
- EWZ - iShares MSCI Brazil Index Fund
- EZA - iShares MSCI South Africa Index ETF
- EZJ - ProShares Ultra MSCI Japan ETF
- EZU - iShares MSCI EMU Index Fund
- FAS - Direxionshares Financial Bull 3X Shares ETF
- FBT - First Trust NYSE Biotechnology Index Fund
- FAZ - Direxionshares Financial Bear 3X Shares ETF
- FCA - First Trust China AlphaDEX Fund
- FCG - First Trust ISE-Revere Natural Gas Index Fund
- FDN - First Trust Dow Jones Internet Index Fund
- FEM - First Trust Emerging Markets AlphaDEX Fund
- FENY - Fidelity MSCI Energy Index ETF
- FEP - First Trust Europe AlphaDEX Fund
- FEX - First Trust Large Cap Core AlphaDEX Fund
- FEZ - SPDR Euro Stoxx 50 ETF
- FHLC - Fidelity MSCI Health Care Index ETF
- FM - iShares MSCI Frontier 100 ETF
- FMAT - Fidelity MSCI Materials Index ETF
- FNCL - Fidelity MSCI Financials Index ETF
- FNDE - Schwab Fundamental Emerging Markets Large Company Index ETF
- FNDF - Schwab Fundamental International Large Company Index ETF
- FNDX - Schwab Fundamental U.S. Large Company Index ETF
- FRAK - VanEck Vectors Unconventional Oil & Gas ETF
- FTAG - First Trust Indxx Global Agriculture ETF
- FTC - First Trust Large Cap Growth AlphaDEX Fund
- FTEC - Fidelity MSCI Information Technology Index ETF
- FV - First Trust Dorsey Wright Focus 5 ETF
- FVD - First Trust Value Line Dividend Index Fund
- FXA - CurrencyShares Australian Dollar Trust ETF
- FXB - CurrencyShares British Pound Sterling Trust
- FXD - First Trust Consumer Discretionary AlphaDEX Fund
- FXE - CurrencyShares Euro Trust
- FXF - CurrencyShares Swiss Franc Trust
- FXG - First Trust Consumer Staples AlphaDEX Fund
- FXH - First Trust Health Care AlphaDEX Fund
- FXI - iShares FTSA/Xinhua China 25 ETF
- FXL - First Trust Technology AlphaDEX Fund
- FXN - First Trust Energy AlphaDEX Fund
- FXP - UltraShort FTSE/Xinhua China 25 ProShares ETF
- FXR - First Trust Industrials/Producer Durables AlphaDEX Fund
- FXU - First Trust Utilities AlphaDEX Fund
- GDX - VanEck Vectors TR Gold Miners Index ETF
- GEM - Goldman Sachs ActiveBeta Emerging Markets Equity ETF
- GLD - Options on SPDR Gold Shares ETF
- GLL - ProShares UltraShort Gold ETF
- GMF - SPDR S&P Emerging Asia Pacific ETF
- GNR - SPDR S&P Global Natural Resources ETF
- GREK - Global X FTSE Greece 20 ETF
- GSG - iShares GSCI Commodity-Indexed Trust
- GSIE - Goldman Sachs ActiveBeta International Equity ETF
- GSLC - Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
- GUNR - FlexShares Morningstar Global Upstream Natural Resources Index Fund
- GURU - Global X Guru Index ETF
- GUSH - Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares ETF
- GVI - iShares Intermediate Government/Credit Bond ETF
- GWX - SPDR S&P International Small Cap ETF
- GXC - SPDR S&P China ETF
- GXG - Global X FTSE Colombia 20 ETF
- HACK - PureFunds ISE Cyber Security ETF
- HDGE - Active Bear ETF
- HDV - iShares High Dividend Equity Fund
- HEFA - iShares Currency Hedged MSCI EAFE ETF
- HEDJ - WisdomTree Europe Hedged Equity Fund
- HEWG - iShares Currency Hedged MSCI Germany ETF
- HEWJ - iShares Currency Hedged MSCI Japan ETF
- HEZU - iShares Trust - iShares Currency Hedged MSCI EMU ETF
- HYD - VanEck Vectors High Yield Municipal Index ETF
- HYG - iShares iBoxx $ High Yield Corporate Bond Fund
- HYLD - Peritus High Yield ETF
- HYMB - SPDR Nuveen S&P High Yield Municipal Bond ETF
- HYS - PIMCO 0-5 Year High Yield Corporate Bond Index Fund
- IAI - iShares Dow Jones US Broker-Dealers Index Fund
- IAU - iShares COMEX Gold Trust
- IBB - iShares Nasdaq Biotechnology ETF
- ICF - iShares Cohen & Steers Realty Majors Index Fund
- IDU - iShares DJ US Utilities Sector ETF
- IDV - iShares Dow Jones International Select Dividend Index Fund
- IEF - iShares Lehman 7-10 Year Treasury Bond Fund
- IEFA - iShares Core MSCI EAFE ETF
- IEI - iShares Barclays 3-7 Year Treasury Bond Fund
- IEMG - iShares Core MSCI Emerging Markets ETF
- IEO - iShares Dow Jones US Oil & Gas Exploration & Production Index Fund
- IEV - iShares S&P Europe 350 Index Fund
- IEZ - iShares Dow Jones US Oil Equipment & Services Index Fund
- IFGL - iShares FTSE EPRA/NAREIT Developed Real Estate ex-US Index Fund
- IGF - iShares Global Infrastructure ETF
- IGN - iShares North American Tech-Multimedia Networking ETF
- IGOV - iShares International Treasury Bond ETF
- IGV - iShares S&P North American Technology-Software Index Fund
- IHDG - WisdomTree International Hedged Dividend Growth Fund
- IHE - iShares U.S. Pharmaceuticals ETF
- IHF - iShares Dow Jones US Healthcare Providers Index
- IHI - iShares U.S. Medical Devices ETF
- IHY - VanEck Vectors International High Yield Bond ETF
- IJH - iShares S&P MidCap 400 Index Fund
- IJJ - iShares S&P MidCap 400 Value Index Fund
- IJK - iShares S&P MidCap 400 Growth Index Fund
- IJR - iShares S&P 600 Index Fund
- IJS - iShares S&P SmallCap 600 Value Index Fund
- IJT - iShares S&P SmallCap 600 Growth Index Fund
- ILF - iShares S&P Latin America 40 Index
- INDA - iShares MSCI India ETF
- IOO - iShares S&P Global 100 Index Fund
- IPFF - iShares International Preferred Stock ETF
- ISRA - VanEck Vectors Israel ETF
- ITB - iShares Dow Jones US Home Construction ETF
- ITOT - iShares Core S&P Total US Stock Market ETF
- IVE - iShares S&P 500 Value ETF
- IVV - iShares S&P 500 Index Fund
- IVW - iShares S&P 500 Growth Index Fund
- IWB - iShares Russell 1000 Index Fund
- IWC - iShares Russell Microcap Index Fund
- IWD - iShares Russell 1000 Value Index Fund
- IWF - iShares Russell 1000 Growth Index Fund
- IWM - iShares Russell 2000® Index Fund
- IWN - iShares Russell 2000 Value Index Fund
- IWO - iShares Russell 2000 Growth Index Fund
- IWP - iShares Russell Midcap Growth Index Fund
- IWR - iShares Russell Midcap Index Fund
- IWS - iShares Russell Mid-Cap Value ETF
- IWV - iShares Russell 3000 Index Fund
- IXC - iShares S&P Global Energy Sector Index Fund
- IXJ - iShares Global Healthcare ETF
- IXP - iShares Global Telecom ETF
- IXUS - iShares Core MSCI Total International Stock ETF
- IYE - iShares Trust - DJ US Energy Sector Index Fund
- IYF - iShares Dow Jones US Financial Sector Index Fund
- IYH - iShares Trust - DJ US Healthcare Sector Index Fund
- IYM - iShares Dow Jones Basic Materials Sector Index Fund
- IYR - iShares DJ U.S. Real Estate ETF
- IYT - iShares Dow Jones U.S. Transportation Average Index Fund
- IYW - iShares Dow Jones US Technology Sector Index Fund
- IYZ - iShares DJ U.S. Telecommunications Sector Index Fund
- JDST - Direxion Daily Junior Gold Miners Index Bear 3X Shares ETF
- JETS - US Global Jets ETF
- JJC - iPath Dow Jones-UBS Copper Total Return Sub-Index ETN
- JJG - iPath Dow Jones-UBS Grains Subindex Total Return ETN
- JNK - SPDR Barclays Capital High Yield Bond ETF
- JNUG - Direxion Daily Junior Gold Miners Index Bull 3X Shares ETF
- JO - iPath Dow Jones-UBS Coffee Subindex Total Return Sub-IndexSM ETN
- KBE - KBW Bank ETF
- KBWB - Invesco KBW Bank Portfolio ETF
- KCE - KBW Capital Markets ETF
- KIE - KBW Insurance ETF
- KOLD - ProShares UltraShort DJ-UBS Natural Gas ETF
- KRE - KBW Regional Banking ETF
- KWEB - KraneShares CSI China Internet ETF
- LABD - Direxion Daily S&P Biotech Bear 3X Shares ETF
- LABU - Direxion Daily S&P Biotech Bull 3X Shares ETF
- LBJ - Direxion Daily Latin America Bull 3X Shares ETF
- LEMB - iShares Emerging Markets Local ETF
- LQD - iShares GS$ InvesTop Corporate Bond Fund
- LTPZ - PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund
- MBB - iShares Barclays MBS Bond Fund
- MCHI - iShares MSCI China Index Fund
- MDY - Standard & Poor’s MidCap 400 Index ETF
- MGC - Vanguard Mega Cap 300 ETF
- MGK - Vanguard Mega Cap 300 Growth ETF
- MGV - Vanguard Mega Cap 300 Value ETF
- MLPX - Global X MLP & Energy Infrastructure ETF
- MOAT - VanEck Vectors Morningstar Wide Moat ETF
- MOO - VanEck Vectors Global Agribusiness ETF
- MUB - iShares S&P National AMT-Free Bond Fund
- MUNI - PIMCO Intermediate Municipal Bond Exchange-Traded Fund
- MXI - iShares Global Materials ETF
- MYY - ProShares Short MidCap 400 ETF
- MZZ - UltraShort MidCap 400 ProShares ETF
- NIB - iPath Dow Jones-UBS Cocoa Total Return Sub-IndexSM ETN
- NOBL - ProShares S&P 500 Aristocrats ETF
- NUGT - Direxion Daily Gold Miners Bull 2x Shares ETF
- OEF - Options on iShares®® S&P 100® Index Fund
- OIH - VanEck Vectors Oil Services ETF
- OUSA - O’Shares FTSE US Quality Dividend ETF
- PCEF - Invesco CEF, Income Composite Portfolio
- PCY - Invesco Emerging Markets Sovereign Debt ETF
- PDP - Invesco DWA Momentum Portfolio
- PEY - Invesco High Yield Equity Dividend Achievers Portfolio
- PFF - iShares S&P U.S. Preferred Stock Index Fund
- PGF - Invesco Financial Preferred ETF
- PGX - Invesco Preferred ETF
- PHB - Invesco Fundamental High Yield Corporate Bond ETF
- PICK - iShares MSCI Global Select Metals & Mining Producers ETF
- PID - Invesco International Dividend Achievers Portfolio
- PIE - Invesco DWA Emerging Markets Technical Leaders ETF
- PIN - Invesco India ETF
- PIZ - Invesco DWA Developed Markets Momentum ETF
- PJP - Invesco Dynamic Pharmaceuticals ETF
- PKW - Invesco Buyback Achievers ETF
- PNQI - Invesco NASDAQ Internet ETF
- PPH - VanEck Vectors Pharmaceutical ETF
- PRF - Invesco FTSE RAFI US 1000 ETF
- PSCH - Invesco S&P SmallCap Health Care ETF
- PSP - Invesco Global Listed Private Equity ETF
- PSQ - Short QQQ ProShares ETF
- PST - UltraShort Lehman 7-10 Treasury ProShares ETF
- PXH - Invesco FTSE RAFI Emerging Markets ETF
- PXJ - Invesco Dynamic Oil & Gas Services ETF
- QID - UltraShort QQQ ProShares ETF
- QLD - Ultra QQQ ProShares ETF
- QQEW - First Trust NASDAQ-100 Equal Weighted Index Fund
- QQQ - Invesco QQQ Trust
- QQQE - Direxion NASDAQ-100 Equal Weighted Index Shares
- QTEC - First Trust NASDAQ-100 Technology Index Fund
- REK - ProShares Short Real Estate ETF
- REM - iShares FTSE NAREIT Mortgage Plus Capped Index Fund
- REMX - VanEck Vectors Rare Earth/Strategic Metals ETF
- RETL - Direxion Daily Retail Bull 3X Shares ETF
- REW - ProShares UltraShort Technology ETF
- REZ - iShares Residential Real Estate Capped ETF
- RING - iShares MSCI Global Gold Miners ETF
- RJA - Agriculture Total Return ETF
- RJI - Total Return ETF
- RJN - Energy Total Return ETF
- ROM - ProShares Ultra Technology
- RPV - Invesco S&P 500 Pure Value ETF
- RSP - Invesco S&P 500 Equal Weight ETF
- RSX - VanEck Vectors Russia ETF
- RTH - VanEck Vectors Oil Services ETF
- RUSL - Direxion Daily Russia Bull 3x Shares ETF
- RWJ - RevenueShares Small Cap Fund
- RWK - RevenueShares Mid Cap Fund
- RWL - RevenueShares Large Cap ETF
- RWM - ProShares Short Russell 2000 ETF
- RWO - SPDR Dow Jones Global Real Estate ETF
- RWR - SPDR Dow Jones REIT ETF
- RWX - SPDR Dow Jones International Real Estate ETF
- RXL - ProShares Ultra Health Care ETF
- RYH - Invesco S&P 500 Equal Weight Health Care ETF
- SAA - ProShares Ultra SmallCap 600
- SBIO - ALPS Medical Breakthroughs ETF
- SCHA - Schwab U.S. Small-Cap ETF
- SCHB - Schwab U.S. Broad Market ETF
- SCHC - Schwab International Small-Cap Equity ETF
- SCHD - Schwab US Dividend Equity ETF
- SCHE - Schwab Emerging Markets Equity ETF
- SCHF - Schwab International Equity ETF
- SCHG - Schwab U.S. Large-Cap Growth ETF
- SCHH - Schwab U.S. REIT ETF
- SCHM - Schwab U.S. Mid-Cap ETF
- SCHP - Schwab U.S. TIPs ETF
- SCHV - Schwab U.S. Large-Cap Value ETF
- SCHX - Schwab U.S. Large-Cap ETF
- SCJ - iShares MSCI Japan Small-Cap ETF
- SCO - ProShares UltraShort DJ-AIG Crude Oil ETF
- SCZ - iShares MSCI EAFE Small-Cap ETF
- SDIV - Global X SuperDividend ETF
- SDOW - ProShares UltraPro Short Dow30 ETF
- SDS - UltraShort S&P 500 ProShares ETF
- SDY - SPDR S&P Dividend ETF
- SGG - iPath Dow Jones-UBS Sugar Total Return Sub-IndexSM ETN
- SGOL - ETFS Gold Trust
- SHY -iShares Lehman 1-3 Year Treasury Bond Fund
- SIL - Global X Silver Miners ETF
- SIVR - ETFS Silver Trust
- SJB - ProShares Short High Yield ETF
- SJNK - SPDR Barclays Short Term High Yield Bond ETF
- SKF - UltraShort Financials ProShares
- SKYY - First Trust ISE Cloud Computing Index Fund
- SLV - iShares® Silver Trust
- SMH - VanEck Vectors Semiconductor ETF
- SMN - UltraShort Basic Materials ProShares ETF
- SOCL - Global X Social Media Index ETF
- SOXX - iShares PHLX SOX Semiconductor Sector Index Fund
- SOYB - Teucrium Soybean Fund
- SPHB - Invesco S&P 500 High Beta ETF
- SPLV - Invesco S&P 500 Low Volatility ETF
- SPXU - ProShares UltraPro Short S&P 500 ETF
- SPY - SPDR S&P 500 ETF Trust
- SQQQ - ProShares UltraPro Short QQQ ETF
- SRS - UltraShort Real Estate ProShares ETF
- SSO - Ultra S&P 500 ProShares ETF
- SVXY - ProShares Short VIX Short-Term Futures ETF
- TAN - Claymore/MAC Global Solar Energy Index ETF
- TBF - ProShares Short 20+Year Treasury ETF
- TBT - UltraShort Lehman 20+Year Treasury ProShares ETF
- TDIV - First Trust NASDAQ Technology Dividend Index Fund
- TIP - iShares Barclays US Treasury Inflation Protected Securities Fund
- TLH - iShares Barclays 10-20 Year Treasury Bond Fund
- TLT - iShares® Lehman 20+ Year Treasury Bond Fund
- TMF - Direxion Daily 30-Year Treasury Bull 3X ETF
- TMV - Direxion Daily 30-Year Treasury Bear 3X ETF
- TNA - Direxion Daily Small Cap Bull 3X Shares ETF
- TQQQ - ProShares UltraPro QQQ ETF
- TTT - ProShares UltraPro Short 20+ Year Treasury ETF
- TUR - iShares MSCI Turkey ETF
- TWM - UltraShort Russell 2000 ProShares ETF
- TYD - Direxion Daily 10-Year Treasury Bull 3X ETF
- TYO - Direxion Daily 10-Year Treasury Bear 3X ETF
- TZA - Direxion Shares Small Cap Bear 3X Shares ETF
- UBT - ProShares Ultra 20+ Year Treasury ETF
- UCO - ProShares Ultra DJ-AIG Crude Oil ETF
- UDN - Invesco DB US Dollar Index Bearish Fund
- UGA - United States Gasoline Fund
- UGL - ProShares Ultra Gold ETF
- UNG - United States Natural Gas Fund
- UNL - United States 12 Month Natural Gas Fund LP ETF
- UPRO - ProShares UltraPro S&P 500
- URA - Global X Uranium ETF
- USD - Ultra Semiconductor ProShares ETF
- USDU - WisdomTree Bloomberg U.S. Dollar Bullish Fund
- USL - United States 12 Month Oil Fund LP ETF
- USMV - iShares MSCI USA Minimum Volatility Index Fund
- USO - United States Oil Fund
- UST - ProShares Ultra 7-10 Year Treasury ETF
- UUP - Invesco DB US Dollar Index Bullish Fund
- UVXY - ProShares Ultra VIX Short-Term Futures ETF
- UWM - Ultra Russell 2000® ProShares ETF
- UYG - Ultra Financials ProShares ETF
- UYM - Ultra Basic Materials ProShares ETF
- VAW - Vanguard Materials ETF
- VB - Vanguard Small-Cap ETF
- VBK - Vanguard Small-Cap Growth ETF
- VBR - Vanguard Small-Cap Value ETF
- VCIT - Vanguard Intermediate-Term Corporate Bond ETF
- VCLT - Vanguard Long-Term Corporate Bond ETF
- VCR - Vanguard Consumer Discretionary ETF
- VDC - Vanguard Consumer Staples ETF
- VDE - Vanguard Energy ETF
- VEA - Vanguard MSCI EAFE ETF
- VEU - Vanguard FTSE All-World ex-US ETF
- VFH - Vanguard Financials ETF
- VGK - Vanguard MSCI European ETF
- VGT - Vanguard Information Technology ETF
- VHT - Vanguard Health Care ETF
- VIG - Vanguard Dividend Appreciation ETF
- VIXM - ProShares VIX Mid-Term Futures ETF
- VIS - Vanguard Industrials ETF
- VIXY - Proshares VIX Short-Term Futures ETF
- VNQI - Vanguard Global ex-U.S. Real Estate ETF
- VO - Vanguard Mid-Cap ETF
- VOE - Vanguard Mid-Cap Value ETF
- VOO - Vanguard S&P 500 ETF
- VOT - Vanguard Mid-Cap Growth ETF
- VOX - Vanguard Telecommunication Services ETF
- VPL - Vanguard MSCI Pacific ETF
- VPU - Vanguard Utilities ETF
- VRP - Invesco Variable Rate Preferred ETF
- VSS - Vanguard FTSE All World ex-US Small-Cap ETF
- VT - Vanguard Total World Stock Index Fund
- VTI - Vanguard Total Stock Market ETF
- VTV - Vanguard Value ETF
- VTWO - Vanguard Russell 2000 ETF
- VUG - Vanguard Growth ETF
- VV - Vanguard Large-Cap ETF
- VXF - Vanguard Extended Market ETF
- VXX - iPath S&P 500 VIX Short-Term Futures Index ETN
- VXZ - iPath S&P 500 VIX Mid-Term Futures Index ETN
- VYM - Vanguard High Dividend Yield ETF
- WEAT - Tecrium Wheat Fund
- WOOD - iShares S&P Global Timber & Forestry Index Fund
- XBI - SPDR Biotech ETF
- XES - SPDR SPDR Oil & Gas Equipment & Services ETF
- XHB - SPDR Homebuilders ETF
- XLB - Materials Select Sector SPDR
- XLE - Energy Select Sector SPDR
- XLF - Financial Select Sector SPDR
- XLI - Industrial Select Sector SPDR
- XLK - Technology Select Sector SPDR
- XLP - Consumer Staples Select Sector SPDR
- XLU - Utilities Select Sector SPDR
- XLV - Health Care Select Sector SPDR
- XLY - Consumer Discretionary Select Sector SPDR
- XME - SPDR S&P Metals & Mining ETF
- XOP - SPDR S&P Oil & Gas Exploration & Production ETF
- XPH - SPDR Pharmaceuticals ETF
- XPP - ProShares Ultra FTSE/Xinhua China 50 ETF
- XRT - SPDR SPDR S&P Retail ETF
- XSD - SPDR Semiconductor ETF
- YANG - Direxion Daily China 3X Bear Shares ETF
- YCL - ProShares Ultra Yen ETF
- YCS - ProShares UltraShort Yen ETF
- YINN - Direxion Daily China 3X Bull Shares ETF
- YXI - ProShares Short FTSE China 50 ETF
- ZROZ - PIMCO 25+ Year Zero Coupon U.S. Treasury Index Fund
- ZSL - ProShares UltraShort Silver ETF
This list is by no means exhaustive as more funds list calls and puts all the time, and some may be delisted. For the most recent information and advice, always consult a financial expert.
