Textile Industry ETF

  

See: Exchange-Traded Fund (ETF).

What are textiles? You'd think they'd be these little glossary term writeups, or the people who love them. But they're not.

A textile is something you touch and use in real life. It's tangible. So it includes things like carpet and fabric and tile and extruded plastics making fake versions of all these things. ETFs exist to carry the public companies who make 'em...from Cemex to Dow and beyond, making it easy for investors to buy a basket of these things...simply.

Find other enlightening terms in Shmoop Finance Genius Bar(f)