The value of investments can fall as well as rise, and you may get back less than you invested. Past performance is no guarantee of future results.

ETN stands for exchange traded note. It is a type of exchange traded product (ETP), meaning it is traded on exchanges like exchange traded funds (ETFs) and exchange traded commodities (ETCs).

ETN definition

ETN stands for exchange traded note. It is a type of exchange traded product (ETP), meaning it is traded on exchanges like exchange traded funds (ETFs) and exchange traded commodities (ETCs).

Unlike other ETPs, ETNs seek to track the performance of an index or product by using a debt security, such as a swap agreement.

Some ETNs are unsecured investments, and may also have limited oversight from regulators. This lack of protection means that ETNs can have a high level of risk for a retail investor.

 

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