A "HOLDR" is an example of a market segment exchange-traded fund.

Name: A "HOLDR" is an example of a market segment exchange-traded fund.
Brand: Quizplus
Rating: 4.9 (38 reviews)

Question

Quizplus · Accepted Answer

HOLDRs (Holding Company Depositary Receipts) were a type of exchange-traded product that held a fixed basket of securities of a certain industry or sector, making it an example of a market segment ETF. However, HOLDRs have been largely replaced by other types of ETFs in recent years.

A "HOLDR" Is an Example of a Market Segment Exchange-Traded