ETF or Exchange Traded Funds is a term used in the financial world to describe an investment fund traded on stock exchanges, much similar to shares of a company. Synonyms for the term ETF include index funds, exchange-traded notes (ETNs), exchange-traded vehicles (ETVs), exchange-traded products (ETPs), and exchange-traded securities (ETS). These terms refer to the same concept of a fund that tracks and provides returns equal to a specific benchmark index. ETFs are popular investment vehicles due to their transparency, low costs, and diversification benefits. Investors can utilize ETFs to gain exposure to a wide range of assets, including stocks, bonds, commodities, and currencies.