What risks are associated with ETFs?

ETFs are subject to several risks:

• Market risk, such as fluctuations in the prices of underlying assets;
• Tracking error, which refers to small discrepancies between the ETF's performance and the replicated index;
• Currency risk, if traded in different currencies;
• Liquidity risk, depending on trading volume.

The risk of ETFs varies depending on the underlying assets. For example, equity ETFs have higher volatility, while bond or commodity ETFs may have more specific risks. It is important to evaluate the product based on your risk profile and investment goals.