DEMYSTIFYING EXCHANGE-TRADED FUNDS: A BEGINNER'S GUIDE

Exchange-traded funds, or ETFs, have become a popular investment choice for investors of all experience ranges. In essence, an ETF is a type of investment product that follows the performance of a particular index, such as the S&P 500 or the Nasdaq Composite. Comparable to individual stocks, ETFs are traded on public exchanges throughout the day.

The ProShares Ultra SmallCap 600 ETF (UWM) seeks to provide returns that are double the performance of the Russell 2000 Small Cap Index. This amplified 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 UWM's magnif