About This Statistic. This statistic shows the dollar sales of ice cream in the United States in 2017, by type. The sales of ice cream amounted to approximately 6.6 billion U.S. dollars in the 52 weeks ending May 27, 2017.
DEFINITION of 'Exchange-Traded Fund (ETF)'. An ETF, or exchange traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, an ETF trades like a common stock on a stock exchange. ETFs experience price changes throughout the day as they are bought and sold.
ETFs for Passive Management. The purpose of an ETF is to match a particular market index, leading to a fund management style known as passive management. Passive management is the chief distinguishing feature of ETFs, and it brings a number of advantages for investors in index funds.