I have heard many people confuse Index Funds with ETFs. They are not the same thing at all. Some think they are a one size fits all solution but they are definitely not that. At the end of the day, it can still be active management which has inherent risks and costs associated with it.

“ETFs mentioned may have exposure to aggressive investment techniques that include leveraging, which magnify gains and losses and can result in greater volatility in value and be subject to aggressive investment risk and price volatility risk. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. Please read the prospectus before investing.”