What is a key characteristic of an ETF (Exchange-Traded Fund)? Option: "It guarantees a fixed return on investment", "It is primarily focused on investing in real estate", "It is a private investment fund only accessible to high-net-worth individuals", "It is a collection of securities traded on the stock market, similar to a stock"

What is a key characteristic of an ETF (Exchange-Traded Fund)?

What is the main characteristic of an Exchange Traded Fund (ETF)?

What is a key characteristic of ETFs that distinguishes them from mutual funds?

What is the primary characteristic of an ETF that distinguishes it from a traditional mutual fund?

What is a key feature of closed-ended mutual funds that makes them similar to exchange-traded funds (ETFs)?

What distinguishes Exchange-Traded Funds (ETFs) from traditional mutual funds in terms of trading?