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What is the relationship between etf positions and etf funds?
1. Exchange-traded fund (ETF) is a financial derivative product based on silver, which tracks the fluctuation of spot silver price and can be traded in the securities market. Due to the high price of silver, silver ETFs usually take110 ounces as a fund unit, and the net asset value of each fund unit is110 ounces of spot silver minus accrued management fees. Its transaction price or secondary market price in the securities market is based on the net asset price per share. China Mainland is still in a "virgin land", and domestic investors know little about silver ETF funds, but silver ETF funds are extremely popular in overseas markets.

2.etf fund: Trading open index fund, commonly known as exchange traded fund (ETF), is an open fund with variable fund shares listed on the exchange.

According to the different investment methods, ETFs can be divided into index funds and active management funds, and most of the ETFs abroad are index funds. At present, ETFs launched in China are also index funds. ETF index fund represents the ownership of a basket of stocks, which refers to the index fund traded on the stock exchange like stocks. The trend of its transaction price and fund share net value is basically consistent with the tracking index. Therefore, investors buying and selling an ETF is equivalent to buying and selling the index it tracks, and can get basically the same income as the index. Usually, it adopts a completely passive management mode, aiming at fitting an index, which has the characteristics of both stocks and index funds.