EXPLAINING EXCHANGE-TRADED FUNDS: A BEGINNER'S GUIDE

Exchange-traded funds, or ETFs, present themselves as a popular investment choice for investors of all experience ranges. Quite simply, an ETF is a type of security that tracks the performance of a particular index, such as the S&P 500 or the Nasdaq 100. Similar to individual stocks, ETFs are traded on stock exchanges throughout the trading session

The ProShares Ultra SmallCap 600 ETF (UWM) aims to provide returns that are double the performance of the Russell 2000 Small Cap Index. This multiplied ETF focuses on small-cap securities, providing investors with a way to could increase their exposure to this segment of the market. However, it's essential to comprehend the potential downsides asso