also: じょうじょうとうししんたく
noun
A financial product that tracks a stock index and is traded on an exchange. The full term is technical; in practice, the English abbreviation ETF (イーティーエフ) is widely used.
株価指数連動型上場投資信託は、日経平均に連動するように設計されています。
The exchange-traded fund is designed to track the Nikkei average.
初心者向けの商品として株価指数連動型上場投資信託を紹介した。
They introduced a stock index-linked exchange-traded fund as a product for beginners.
Compound of 株価指数 (stock price index) + 連動型 (linked type) + 上場 (listed) + 投資信託 (investment trust). A direct translation of the English 'exchange-traded fund'.