SIE Understanding Products and Their Risks Practice Question 97

Correct Answer: C

Explanation:

C: Choice C tracks publicly-traded stocks of 3,000 of the largest American companies, which is about 98% of all of them. Choice A is incorrect because it only tracks thirty companies' stocks. Choice B is incorrect because it only tracks about 500 stocks, even though it is considered a measure of the broad market. Choice D is incorrect because it tracks stocks of about 100 companies trading on the NASDAQ