Stock ETF vs stock ETN?

Hi, I am no expert on ETNs, but they seem to be so much higher risk.

Not to mention the leverage.

If you are not sure what you are getting into, I suggest you stop. Find out more first.

https://www.investopedia.com/terms/e/etn.asp

ETN

• dont hold any underlaying stocks
• the bank pay the large shareholders note to replica the index (more like bond)

ETF

• holding the stocks
• track index by selling / buying underlying stock

If you are US citizen ETN can help save taxes.
ETN subject to market risk & credit risk (like bond)
ETF only subject to market risk.