Stock: a kind of securities, which is a certificate issued by a joint-stock company to investors publicly or privately when raising capital, to prove the identity and rights of investors' share capital, and to enjoy rights and assume obligations according to the number of shares held by the holders.

Funds: funds in a broad sense are the collective names of institutional investors, including trust and investment funds, unit trust funds, provident funds, insurance funds, retirement funds and funds of various foundations. Funds in the existing securities market, including closed-end funds and open-end funds, have the characteristics of income function and value-added potential.

Futures: Futures are relative to the spot. Futures are the subject matter that is bought and sold now, but will be settled or delivered in the future. This subject matter can be gold, crude oil, agricultural products, financial instruments, financial indicators and other commodities. The delivery date of futures can be one week later, one month later, three months later or even one year later.

The difference between the three

Relative funds are relatively stable.