Vocabulary
Three glossaries, one per desk, in the order the words appear on a fund card.
Reading a buffer ETF: the vocabulary in plain words
What the band, the cap, the buffer, protection left and the outcome period mean on a defined outcome ETF, defined one at a time.
Reading an income ETF: the vocabulary in plain words
What cash paid, total return, the benchmark gap, the payout rate and return of capital mean on an option-income ETF.
Reading a thematic ETF: the vocabulary in plain words
What overlap, active share, in-index weight, concentration and drawdown mean on a thematic ETF, and why the name is not the holdings.