An Exchange-Traded Fund (ETF) is an investment fund traded on stock exchanges. ETFs are an option for investors seeking portfolio diversification because some ETFs allow you to have exposure to a variety of assets with the ease of trading a single security.
Some ETFs track an underlying index, such as the S&P 500, although others can invest in any number of industry sectors or use various strategies. There are all kinds of ETFs with all kinds of investment approaches.
To invest in ETFs with Passfolio:
The first step is to open an account. You’ll need to submit some basic information and, depending on your country of residence, your photo ID and proof of address.The process is quick and your application is usually reviewed within one business day!
Once you’ve created your account, you will be able to add funds to it by making a bank transfer or using other deposit methods available. With your USD balance, you can search for ETFs in the app and buy and sell them as you wish, without paying commission fees.*
* Securities less than $5 cost $0.02/share. Please see our disclosures on other charges.
Exchange-Traded Funds might be a good investment option if you want to diversify your portfolio easily. For example, if you want to invest in the tech industry, instead of buying a large number of individual US technology stocks, you can invest in the US technology sector with a single ETF.
There are more than 600 ETFs available for investing at Passfolio. To choose which ETFs to buydepends on your investment profile and strategy, and Passfolio helps you by providing lists of ETFs, charts and detailed stats for each one.