Exchange-traded funds (ETFs) with long technical names often use catchy or easy-to-remember symbols in order to bolster their marketability as well as indicate their portfolios. (NYSE: MUNI) is the ticker for Pimco Intermediate Muni Bond Strategy ETF which invests in municipal bonds, while (NYSE: CORN) represents Teucrium Corn Fund ETF that tracks the price of corn.
FORBES: The Evolution of Ticker Symbols