is an independent publisher of mutual fund research and ratings. Morningstar Risk-Adjusted Ratings: The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10- year (if applicable) Morningstar Rating Metrics. Morningstar, the Morningstar logo,, and Morningstar Tools are either trademarks or service marks of Morningstar, Inc. is not affiliated with TD Ameritrade and its affiliates. For the purposes of calculation the day of settlement is considered Day 1. Certain ETFs purchased will not be immediately marginable at TD Ameritrade through the first 30 days from settlement.
TD Ameritrade receives remuneration from certain ETFs for shareholder, administrative and/or other services.
Information provided by TD Ameritrade, including without limitation that related to the ETF Market Center, is for general educational and informational purposes only and should not be considered a recommendation or investment advice. Shares are bought and sold at market price, which may be higher or lower than the net asset value (NAV). Unlike mutual funds, shares of ETFs are not individually redeemable directly with the ETF. Investment returns will fluctuate and are subject to market volatility, so that an investor’s shares, when redeemed or sold, may be worth more or less than their original cost. Each individual investor should consider these risks carefully before investing in a particular security or strategy. Additional risks may also include, but are not limited to, investments in foreign securities, especially emerging markets, real estate investment trusts (REITs), fixed income, small-capitalization securities, and commodities. Performance may be affected by risks associated with non-diversification, including investments in specific countries or sectors. Some ETFs may involve international risk, currency risk, commodity risk, leverage risk, credit risk, and interest rate risk. Read carefully before investing.ĭiversification does not eliminate the risk of experiencing investment losses.ĮTFs are subject to risk similar to those of their underlying securities, including, but not limited to, market, investment, sector, or industry risks, and those regarding short-selling and margin account maintenance.
A prospectus, obtained by calling 80, contains this and other important information about an investment company.
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