I bought my very first exchange traded fund (ETF) last week. I am terrible at investing, so it’s taken me quite some time to dip into ETF territory. The ETF I bought deals with Canadian banks. Instead of buying shares in a particular bank, this ETF diversifies by having shares of all the major banks. I feel like if banks are gonna rip people off with fees, I should at least get in on that action. The fund has a dividend but there has been some volatility in its performance since 2017, having gone up and down like a yo-yo. I’m hoping it smooths out over the long-term and the regular dividends make this a good fund for income. Only time will tell if I made a smart choice with this one.