RWMvsSPDNETF Comparison
VS
ProShares Short RUSSELL2000 ETF (RWM) and Direxion Daily S&P 500® Bear 1X Shares ETF (SPDN) belong to the same industry segment: Inverse Equity. RWM is more expensive with a Total Expense Ratio (TER) of 1.04%, versus 0.54% for SPDN. RWM is down -11.27% year-to-date (YTD) with +$48M in YTD flows. SPDN performs better with -6.32% YTD performance, and +$125M in YTD flows. Run a side-by-side ETF comparison of RWM and SPDN below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
RWM vs SPDN performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/30/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | RWM SPDN | -0.17%+1.43% | +5.63%-0.58% | -11.27%-6.32% | -11.59%-5.85% | -38.43%-36.05% | -16.94%-29.58% |
| Flows | RWM SPDN | -$4M+$31M | +$43M+$69M | +$48M+$125M | +$42M+$200M | -$61M+$118M | -$40M+$318M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | RWM SPDN | +14.02%+10.76% | +18.26%+12.63% | +21.10%+14.88% | +22.42%+17.25% |
| Max drawdown | RWM SPDN | -4.67%-4.48% | -24.82%-17.44% | -43.96%-38.55% | -44.30%-44.82% |
| Max drawdown duration | RWM SPDN | 12d92d | 344d214d | 1096d1096d | 1097d1479d |
Trading data
RWM | SPDN | |
Last sale 10/30/2026 at 1:30 PM | $14.37 | $8.60 |
| Previous close 10/29/2026 | $14.15 | $8.46 |
| Consolidated volume 10/29/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of November 2, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
RWM | SPDN | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/30/2026 at 1:30 PM
Live
Closed
RWM | SPDN | |
|---|---|---|
| Last price | $14.37 | $8.60 |
| 1D performance | +1.55% | +1.65% |
| AuM | $162.67 M | $296.48 M |
| E/R | 1.04% | 0.54% |
Advertisement
Exposure
Exposure data will be available soon
Frequently asked questions about RWM and SPDN
How have the RWM and SPDN ETFs performed in 2026?
As of October 30, 2026, RWM is down -11.27% year-to-date (YTD), while SPDN has lost -6.32%. That puts SPDN better performer ahead so far this year.
Which ETF is attracting more investor money: RWM or SPDN?
Year-to-date, the RWM ETF saw +$48M in flows, compared to +$125M for SPDN.
Which ETF is more volatile: RWM or SPDN?
Over the past year, RWM had a volatility of 18.26%, while SPDN experienced 12.63%.
Which ETF is bigger: RWM or SPDN?
As of October 30, 2026, RWM holds $162.67 M in assets under management (AUM), while SPDN manages $296.48 M.
Advertisement
Advertisement
