UNVEILING EXCHANGE-TRADED FUNDS: A BEGINNER'S GUIDE

Exchange-traded funds, or ETFs, have become a popular investment choice for investors of all experience degrees. Essentially, an ETF is a type of investment product that follows the performance of a particular index, such as the S&P 500 or the Nasdaq 100. Just like individual stocks, ETFs are traded on public exchanges throughout the market hours.

Short selling has long been a popular strategy for investors seeking to profit from drops in asset prices. The ProShares UltraPro Short S&P500 ETF (SDS) provides a leveraged tool for investors to participate in this strategy. SDS targets to deliver three times the inverse return of the S&P 500 Index. This article examines the performance of SDS, ex