$2.$ Retrieve the monthly returns for the following ETFs in TSX from $2017($Jan $1)$ to $2023($Dec

$31)$ from Yahoo finance

$1)$ HXT$.$TO

$2)$ XUU.TO

$3)$ VCN$.$TO

$4)$ ZSP$.$TO

$1.$ State the complete name of each fund.

$2.$ State why there are variations of the fund$($s$)$ on TSX$.$

$3.$ Based on the derived data, in Excel spreadsheets compute the quarterly expected returns,

standard deviations of returns for each fund, and correlation coefficient between these

funds.

$4.$ Compare the obtained estimates of expected return and risk among funds. Are the results

consistent with the risk$-$return trade$-$off in efficient markets? If not, how can you explain

the discrepancy?

$3.$ Write a brief note on Exchange Traded Funds.

a$.$ What was the first ETF in the world and when was it launched?

b$.$ What was the first ETF in the US and when was it launched?

c$.$ State three advantages of ETFs.

d$.$ State three disadvantages of ETFs