ETN vs ETF: What are the Differences?

Exchange-traded notes are sometimes confused with exchange-traded funds, but they are very different. In this video, we talk about exchange-traded notes (ETNs), their advantages and disadvantages, and then compare ETNs with exchange-traded funds (ETFs).

0:00 Introduction
0:18 What is an exchange-traded note (ETN)?
0:49 Advantages of an ETN
1:33 Disadvantages of an ETN
2:21 Differences between an ETN and an ETF

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DISCLAIMER: THIS VIDEO IS FOR INFORMATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSTRUED AS TAX, FINANCIAL, OR LEGAL ADVICE. EVERY PERSON’S SITUATION IS DIFFERENT AND YOU SHOULD CONSULT WITH YOUR OWN FINANCIAL AND TAX ADVISOR FOR ADVICE SPECIFIC TO YOUR SITUATION. COMMENTS ARE NOT REVIEWED