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 ranges. In essence, 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. Just like individual stocks, ETFs are bought and sold on financial exchanges throughout t

The ProShares Ultra SmallCap 600 ETF (UWM) aims to provide returns that are double the performance of the Russell 2000 Small Cap Index. This leveraged ETF targets small-cap investments, providing investors with a way to could increase their exposure to this segment of the market. However, it's essential to understand the risks associated with UWM's