EODHD Academy

ETFs & Funds

The wrapper most money actually lives in — what a fund is, why an ETF's price stays near its value, what the fee waterfall and the tracking gap really cost, where leveraged, synthetic and commodity funds bite, and how to read a fund's own data block before buying it.

4 units · 16 lessons · 70 min read · plus hands-on practice, at your pace

Start here

What is a fund, and what is its NAV?

What a Fund Is · 4 min read · practitioner

Start the first lesson

Unit 1 What a Fund Is

  1. What is a fund, and what is its NAV? 4 min
  2. Why does a fund's price differ from what it is worth? 5 min
  3. Who keeps an ETF's price honest, and how? 5 min
  4. What does "passive" actually do all day? 5 min
Practice Check · Unit 1 A short check · cannot be failed Start

Unit 2 What It Costs

  1. What does a fund's fee actually take from you? 4 min
  2. How closely does a fund actually follow its index? 4 min
  3. Why does an ETF have two liquidities, not one? 4 min
  4. Where a fund lives, and what that costs a dividend 4 min
Practice Check · Unit 2 A short check · cannot be failed Start

Unit 3 Where They Bite

  1. Why does a 2× fund not deliver 2× over a year? 5 min
  2. Does the fund own what it tracks, and who else is holding it? 5 min
  3. How diversified is a diversified fund? 4 min
  4. Why does an oil fund not track the price of oil? 5 min
Practice Check · Unit 3 A short check · cannot be failed Start

Unit 4 Choosing and Reading

  1. How do you read a fund's data block before you buy? 4 min
  2. Should a foreign fund hedge its currency? 4 min
  3. Can three funds be a whole portfolio? 4 min
  4. ETFs & Funds checkpoint — the wrapper, read 4 min
Practice Check · Unit 4 A short check · cannot be failed Start

Last Course exam

One exam, the whole course Unlocks when you have read all 16 lessons

Passing it earns the course certificate.