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 fund that follows the performance of a particular asset class, such as the S&P 500 or the Nasdaq Composite. Comparable to individual stocks, ETFs are exchanged on public exchanges throughout the

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