FYI: Not all exchange-traded products, or ETPs, are created equal. But oftentimes, investors unwittingly treat them as though they are. There are important differences in how different types of ETPs are structured as well as the exposures that they provide. Investors need to be aware of these differences. A recent proposal put before the SEC calls for clearer and more consistent labels for various categories of ETPs. I believe that better labeling is long overdue and would help investors to more confidently navigate the menu of more than 2,250 ETPs.
Regards,
Ted
https://www.morningstar.com/articles/901140/better-labeling-for-etps-long-overdue.html
