An ETFs tracking error, as traditionally reported, indicates to investors: A. whether the ETF is underperforming or
Question:
An ETF’s tracking error, as traditionally reported, indicates to investors:
A. whether the ETF is underperforming or outperforming its underlying index.
B. the magnitude by which an ETF’s returns deviate from its benchmark over time.
C. the distribution of differences in daily returns between the ETF and its benchmark.
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