What market risks are associated with ETFs?
Equity-based exchange traded funds have a similar risk profile to those of stocks, while fixed income-based ETFs have a risk profile that matches bonds. Performance returns will fluctuate and are subject to market volatility. ETF shares may be valued more or valued less than their original cost at the time of sale. ETFs are not FDIC insured, past performance is not a guarantee of future results, and other pertinent risk information can be located in the fund prospectus.
