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CFDs and Spread Bets are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.65% of retail investor accounts lose money when trading CFDs and Spread Bets with this provider. You should consider whether you understand how CFDs and Spread Bets work and whether you can afford to take the high risk of losing your money.

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Is an ETF a stock or a fund?

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Vantage is a global, multi-asset broker with a team of in-house writers and market analysts who produce educational and insightful trading content for traders of all levels.

Updated Wed, 2026 October 7 03:01

An ETF is a fund that trades on a stock exchange like a share. It can provide exposure to multiple underlying assets through a single instrument. If traded as a CFD, however, you do not own the ETF itself or its underlying assets; you trade a contract based on its price movements.

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