The significant difference between HOLDRs and ETFs is that
A)the owner of the HOLDR has rights to the underlying stock.
B)HOLDRs are not traded in financial markets.
C)ETFs are not traded in financial markets.
D)owners of HOLDRs do not pay commissions on trades.

Question

Quizplus · Accepted Answer

The significant difference between HOLDRs and ETFs is that HOLDRs give the owner rights to the underlying stock, whereas ETFs do not. Therefore, choice A is the correct answer. Choices B and C are incorrect because both HOLDRs and ETFs are traded in financial markets. Choice D is incorrect because owners of HOLDRs may still have to pay commissions on trades.

The Significant Difference Between HOLDRs and ETFs Is That