/

Equity ETF

Equity ETF

An exchange-traded fund that is comprised of a set of stocks.

An exchange-traded fund that is comprised of a set of stocks.

More terms

After-hours trading

Trading outside of a stock exchange's opening hours.

Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

Income statement

A summary of a company's income and expenses over a set period of time.

Beta

Learn what Beta stands for in finance.

Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.

Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

Alpha

The percentage by which an investor outperforms a relevant benchmark.

Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.

You’re just minutes away from commission-free investing

When you invest, your capital is at risk

Freetrade does not provide investment advice and individual investors should make their own decisions or seek professional advice. The value of investments can go down as well as up and you may receive back less than your original investment. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).

© 2026 Freetrade, All rights reserved. The Apple logo is a trademark of Apple Inc. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.