An ETF is a group of securities that trades like stocks. They are listed on an exchange every day at prices that fluctuate based on supply or demand. ETFs are like stocks, but do not have a net asset value (NAV). ETFs are different from other types of index funds in that they don't attempt to outperform the index but instead replicate its performance. ETFs aren't new, but they haven’t enjoyed the same popularity as traditional Mutual Funds.
Units representing physical gold that can be either in paper or dematerialised form are called Gold ETFs. These units can be traded on an exchange just like any other stock. These units offer investors an opportunity to participate in the gold bullion marketplace without having to physically deliver gold.
Index ETF refers to ETFs that derive their value from an index.
An international ETF invests foreign-based securities. These ETFs use an international index such as HANG SENG, NASDAQ or HANG SENG for their underlying tracking instrument.
These ETFs track a specific sector, such as bank and infrastructure.