The ProShares Ultra Dow 30 ETF (DDM) is a popular financial instrument that seeks to deliver two times the daily returns of the Dow Jones Industrial Average. This magnified ETF has attracted portfolio managers looking for opportunities to amplify their profits. However, it's crucial to grasp the risks associated with DDM before committing capital.

Equal weight exchange-traded funds represent a unique approach to portfolio construction by allocating identical weights to each holding within the fund. This approach differs from traditional market-cap weighted ETFs, which give significant weightings to firms with higher market capitalizations. By distributing assets uniformly, equal weight ETFs

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