There appears to be a disconnect between the two paragraphs. Perhaps a connecting sentence is missing?
"For the most part, when you buy an ETF, it's like buying a traditional mutual fund. You own a direct stake in the stocks or bonds that make up the fund.
But there are a few exceptions: ProShares and competing levered funds, as well as some commodity funds; so there is some slight counterparty risk there."
ETF Investment Risks [View article]
"For the most part, when you buy an ETF, it's like buying a traditional mutual fund. You own a direct stake in the stocks or bonds that make up the fund.
But there are a few exceptions: ProShares and competing levered funds, as well as some commodity funds; so there is some slight counterparty risk there."
Watch For Sector Overlap In Emerging Market ETFs [View article]
Here is the gur/ilf/epp performance at bigcharts.com:
bigcharts.marketwatch....