Abstract: The application relates to systems and methods for managing funds. The system is programmed to receive an instruction about a first exchange-traded fund (ETF) in a first exchange system, identify a second ETF according to the instruction in a second exchange system, determine a first underlying currency for the first ETF and a second underlying currency for the second ETF and a currency exchange rate between the first underlying currency and the second underlying currency, obtain an exchange ratio between the first ETF and the second ETF based on the currency exchange rate and components of the first and second ETFs, and exchange a first number of shares of the first ETF to a second number of shares of the second ETF according to the exchange ratio. Thus, the systems and methods allow investors to exchange shares of one ETF to those of another ETF instantly.