The escalating trade conflict with China has changed the market dynamic and complicated what is already a difficult task for the Federal Reserve in seeking rate normalization.

Market turbulence continued this past week with the Dow Jones and S&P 500 each ending the shortened week up over 2%, just to cede the majority of those gains in Monday’s trading with losses of 1.9% and 2.2%, respectively.

Equities could see more volatility in this short trading week (with the markets closed on Friday) following the worst week for the U.S. equity markets since January 2016.

Markets started this week with caution amid tensions in Washington D.C.and important economic events on the horizon.

If you are looking for a tax efficient investment that tracks a specific market index, then the exchange traded fund (ETF) may be an interesting alternative. An ETF bears some similarities to a mutual fund but also possesses some significant differences.