Exchange-traded products (ETPs) are investment funds that trade on stock exchanges, similar to individual stocks. They can include various types of assets, such as stocks, bonds, or commodities. ETPs are designed to track the performance of a specific index or asset class, making them a popular choice for investors seeking diversification. ETPs come in different forms, including exchange-traded funds (ETFs) and exchange-traded notes (ETNs). They offer liquidity, as investors can buy and sell them throughout the trading day at market prices. This flexibility, combined with lower fees compared to traditional mutual funds, makes ETPs an attractive option for many investors.