EXPLAINING EXCHANGE-TRADED FUNDS: A BEGINNER'S GUIDE

Exchange-traded funds, or ETFs, have become a popular investment vehicle for investors of all experience levels. Essentially, an ETF is a type of security that mirrors the performance of a particular index, such as the S&P 500 or the Nasdaq Composite. Similar to individual stocks, ETFs are exchanged on financial exchanges throughout the day. Here'

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 concentrates on small-cap stocks, providing investors with a way to potentially increase their exposure to this segment of the market. However, it's essential to understand the risks