UNVEILING EXCHANGE-TRADED FUNDS: A BEGINNER'S GUIDE

Exchange-traded funds, or ETFs, have become a popular investment option for investors of all experience levels. Essentially, an ETF is a type of security that mirrors the performance of a particular asset class, such as the S&P 500 or the Nasdaq 100. Similar to individual stocks, ETFs are traded on public exchanges throughout the trading session.

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