

Home > Products & Services > Institutional Equities
![]()
ETF Comparisons
ETFs Compared to Shares and Unit Trusts
| Feature | ETF | Shares | Unit Trusts |
| Transparently traded | Yes | Yes | No |
| Trading times | During market hours | During market hours | Typically one a day at historic price |
| Pricing intra day | Yes | Yes | No |
| Portfolio transparency | High | High | Varies |
| Diversified investment | Yes | No | Yes |
| Investment style | Tracker | N/A | Active or Tracker |
| Stamp duty | Not on the purchase of ETF shares | Yes | No |
| Irish Takeover Panel Levy | No (where structured as a UCITS) | Yes | No |
| CREST settlement | Yes | Yes | Not usually |