EXPLAINING EXCHANGE-TRADED FUNDS: A BEGINNER'S GUIDE

Exchange-traded funds, or ETFs, present themselves as a popular investment vehicle for investors of all experience degrees. In essence, an ETF is a type of security that mirrors the performance of a particular index, such as the S&P 500 or the Nasdaq 100. Similar to individual stocks, ETFs are exchanged on stock exchanges throughout the market hour

The ProShares Ultra SmallCap 600 ETF (UWM) seeks to deliver returns that are two times the performance of the Russell 2000 Small Cap Index. This multiplied ETF focuses on small-cap investments, providing investors with a way to may increase their exposure to this segment of the market. However, it's essential to comprehend the challenges associated