What is another word for index fund?

Pronunciation: [ˈɪndɛks fˈʌnd] (IPA)

An index fund is a type of mutual fund or exchange-traded fund (ETF) that tracks a specific market index. There are several synonymous terms for index funds, such as passive funds, market index funds, benchmark funds, and tracker funds. A passive fund is an investment vehicle that follows a predetermined set of rules, without active management. These funds offer low costs, high transparency, and broad diversification, making them popular with individual and institutional investors alike. Market index funds mimic the performance of a particular index, such as the S&P 500 or the Dow Jones Industrial Average. Benchmark funds aim to replicate the performance of an industry standard in a specific asset class. Lastly, tracker funds are funds that mirror the movement of a particular index or benchmark.

Synonyms for Index fund:

What are the hypernyms for Index fund?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Index fund?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

Word of the Day

Household Equipment
The term "Household Equipment" refers to all the equipment used domestically or in a household. Antonyms for this word could include "Outdoor gear," which denotes all the equipment...