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Does Nasdaq etf buy futures?
No, etf is a kind of fund, so Nasdaq etf is a fund. It tracks the Nasdaq index and buys some or all of its constituent stocks to obtain the same income as Nasdaq. Nasdaq exchange traded funds are traded on stock exchanges.

Futures are standardized tradable contracts with commodities as the subject matter. Commodities are delivered according to the agreed time limit, and futures trade the standard contract of commodities rather than the commodities themselves. Futures are traded on the futures exchange.