New

Create, analyze, optimize your ETF portfolio. Start now →

Advertisement

RWMvsTZAETF Comparison

ETF 1
RWM

ProShares Short RUSSELL2000 ETF

This fund is part of
Inverse Equity
+12.79%
VS
ETF 2
TZA

Direxion Daily Small Cap Bear 3x Shares ETF - USD

This fund is part of
Inverse Equity
+12.79%

The ETFs ProShares Short RUSSELL2000 ETF (RWM) and Direxion Daily Small Cap Bear 3x Shares ETF - USD (TZA) track the Russell 2000 Index - USD and belong to the same industry segment: Inverse Equity. RWM is more expensive with a Total Expense Ratio (TER) of 1.04%, versus 0.99% for TZA. RWM is down -11.27% year-to-date (YTD) with +$48M in YTD flows. TZA performs worse with -35.92% YTD performance, and +$44M in YTD flows. Run a side-by-side ETF comparison of RWM and TZA 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 TZA performance and flow charts

Performance

-50510%Sep 30Oct 7Oct 14Oct 21Oct 28

Cumulative Flows

-30 M-20 M-10 M0 MSep 30Oct 7Oct 14Oct 21Oct 28

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 10/30/2026
1M3MYTD1Y3Y5Y
Perf.
RWM
TZA
-0.17%-1.66%
+5.63%+14.75%
-11.27%-35.92%
-11.59%-38.28%
-38.43%-86.69%
-16.94%-78.25%
Flows
RWM
TZA
-$4M-$35M
+$43M-$63M
+$48M+$44M
+$42M-$16M
-$61M+$412M
-$40M-$54M
Volatility and drawdown
3M1Y3Y5Y
Volatility
RWM
TZA
+14.02%+41.70%
+18.26%+53.91%
+21.10%+63.02%
+22.42%+67.22%
Max drawdown
RWM
TZA
-4.67%-13.71%
-24.82%-60.82%
-43.96%-89.74%
-44.30%-92.08%
Max drawdown duration
RWM
TZA
12d12d
344d344d
1096d1096d
1097d1597d
Trading data

Create an account to view trading data

Join for free
RWM
TZA
Last sale
10/30/2026 at 1:30 PM
$14.37
$46.75
Previous close
10/29/2026
$14.15
$44.54
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

Create an account to view replication quality

Join for free
RWM
TZA
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
TZA
Last price
$14.37
$46.75
1D performance
+1.55%
+4.96%
AuM$162.67 M$200.09 M
E/R1.04%0.99%
Characteristics
RWM
TZA
Management strategyPassivePassive
ProviderProSharesDirexion
BenchmarkRussell 2000 IndexRussell 2000 Index
N° of holdings--
Asset classEquitiesEquities
Trailing 12m distribution yield
Join
Join
Inception dateJanuary 23, 2007November 5, 2008
ESGNoNo
Exposure

Exposure data will be available soon

Frequently asked questions about RWM and TZA

How have the RWM and TZA ETFs performed in 2026?

As of October 30, 2026, RWM is down -11.27% year-to-date (YTD), while TZA has lost -35.92%. That puts RWM better performer ahead so far this year.

Which ETF is attracting more investor money: RWM or TZA?

Year-to-date, the RWM ETF saw +$48M in flows, compared to +$44M for TZA.

Which ETF is more volatile: RWM or TZA?

Over the past year, RWM had a volatility of 18.26%, while TZA experienced 53.91%.

Which ETF is bigger: RWM or TZA?

As of October 30, 2026, RWM holds $162.67 M in assets under management (AUM), while TZA manages $200.09 M.

Advertisement
Advertisement
Advertisement
New Report

ETFs’ Next Act: From Access to Selection

Global ETF Survey 2026