What’s the Difference Between a Bond ETF and an Equity ETF?
August 20, 2015 at 12:49 PM EDT
Here’s a little history lesson for you: Launched in 1993, the first exchange traded fund (ETF) was an equity fund, a basket of stocks that reflected an index. The first bond ETF started trading nearly a decade later. The introduction of the bond ETF may not seem like a big deal, but it was because...