ETF vs ETP — what are they?
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An Exchange Traded Product (ETP) is a financial instrument that tracks an underlying security, index or financial instrument. ETPs can be benchmarked to a variety of investments including commodities, currencies, stocks, and bonds. Generally, an ETF is a type of ETP along with other exchange traded securities such as, Exchange Traded Notes (ETNs) or Exchange Traded Commodities (ETCs). These examples are all types of Exchange Traded Products.
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