ETFs Have Grown Very Rapidly Since Their Introduction in 1993

question 42

Essay

ETFs have grown very rapidly since their introduction in 1993 proving to be very attractive to investors. What are the relative advantages and disadvantages of ETFs?

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Definitions:

Merchant

An individual or business entity engaged in the selling and purchasing of goods or services, often involved in trade at a larger scale.

Destroyed

To damage something so badly that it no longer exists, works, or has value.

Common Carrier

is a person or company that transports goods or people for any person or company and that is responsible for any possible loss of the goods during transport.

Independent Contractor

A person or entity engaged in a work performance agreement who is not considered an employee and does not receive employee benefits.