Exchange-traded funds, or ETFs, have become a popular investment vehicle for investors of all experience degrees. Essentially, an ETF is a type of fund that mirrors the performance of a particular index, such as the S&P 500 or the Nasdaq Composite. Comparable to individual stocks, ETFs are exchanged on public exchanges throughout the market hours.

Leveraged exchange-traded funds instruments, or leveraged ETFs for short, offer a powerful way to amplify your investments. These sophisticated investment vehicles use financial derivatives to multiply the daily returns of their underlying benchmarks. While leveraged ETFs can potentially deliver significant profits, it's crucial to understand thei