• Tovarish Tomato@lemmygrad.mlOP
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    1 year ago

    Exchange traded fund. It’s basically a lot of different stocks bundled together into one Stock that you buy. It usally covers a specific part of the global market. So you can buy an ETF that represents the entire US market (this would be similar to buying stocks in every Dow Jones company), an ETF that represents the retail market (so you get shares of Walmart, Target, TraderJoes etc.), or in this case an ETF that represents the Weapons Manufacturing market (so Lockheed Martin, Boeing, Rheinmetall etc.).

    • Kidplayer_666@lemm.ee
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      1 year ago

      Usually they’re great investment devices as because they don’t lean too much on a single company, they just tend to have more stability and better returns overall