Is there more than one type or functionality to an ETF? There are numerous types of ETFs. Some of the more popular ETFs are: Equity ETFs track an index of equities. You can trade ETFs covering different sizes of businesses or stocks from a specific country. Bond/Fixed Income ETFs allow you to diversify your portfolio, one of the practices used for spreading your investment risk. Commodity ETFs include gold, silver or oil. Currency ETFs allow you to trade in either a single currency, or a basket of currencies. Speciality ETFs provide for greater growth potential yet also expose traders to higher risks. Factor ETFs enable a trading approach which targets specific drivers of return across asset classes. Sustainable ETFs combine traditional trading approaches with environmental, social and governance insights.