Exchange-traded funds, or ETFs, have become a popular investment option for investors of all experience degrees. In essence, an ETF is a type of investment product that tracks the performance of a particular index, such as the S&P 500 or the Nasdaq Index. Comparable to individual stocks, ETFs are traded on financial exchanges throughout the market

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 may increase their exposure to this segment of the market. However, it's essential to grasp the challenges associated with UWM's