DEMYSTIFYING EXCHANGE-TRADED FUNDS: A BEGINNER'S GUIDE

Exchange-traded funds, or ETFs, have become a popular investment choice for investors of all experience degrees. Quite simply, an ETF is a type of fund that follows the performance of a particular asset class, such as the S&P 500 or the Nasdaq Composite. Just like individual stocks, ETFs are bought and sold on public exchanges throughout the day.

The ProShares Ultra SmallCap 600 ETF (UWM) attempts to generate returns that are multiplied by the performance of the Russell 2000 Small Cap Index. This leveraged ETF targets small-cap securities, providing investors with a way to may increase their exposure to this segment of the market. However, it's essential to grasp the risks associated with U