Exchange-traded funds, or ETFs, have become a popular investment choice for investors of all experience ranges. In essence, 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 exchanged on stock exchanges throughout the market hours.

The ProShares UltraShort Russell 2000 ETF (SRTY) functions as a leveraged instrument designed to amplify the inverse performance of the Russell 2000 Index. This index comprises small-cap U.S. equities, providing exposure to a segment of the market known for its volatility. SRTY aims to achieve double the daily inverse returns of the index, making i