UNVEILING EXCHANGE-TRADED FUNDS: A BEGINNER'S GUIDE

Exchange-traded funds, or ETFs, are increasingly a popular investment vehicle for investors of all experience levels. Essentially, an ETF is a type of fund that mirrors the performance of a particular asset class, such as the S&P 500 or the Nasdaq 100. Just like individual stocks, ETFs are exchanged on stock exchanges throughout the market hours.

The ProShares Ultra SmallCap 600 ETF (UWM) attempts to provide returns that are double the performance of the Russell 2000 Small Cap Index. This leveraged ETF focuses 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 associated wi