As of Oct 27, 2026. Rebuilt every trading night.

Leverage · ranked by net assets

Every leveraged ETF on IWM, largest first

See 7 funds ranked by net assets. Updated Oct 27, 2026. Same underlying, different multiples and different issuers. Two funds stating the same multiple on IWM have still finished points apart.

Net assets, one bar per fund
firstlast
$1.3bn
first, TNA
$60m
last, TWM
7
funds in the list

All 7, highest first

7 of 7 · click a column to sort
Every leveraged ETF on IWM, largest first
#TickerFundSaysNet assets ↓FeeFund returned, 3 monthsMultiple of that moveDifference
1TNADirexion Daily Small Cap Bull 3X ETF+3x$1.3bn1.05%−15.7%−12.6%−3.1 pts
2URTYProShares UltraPro Russell2000+3x$281m0.95%−15.7%−12.6%−3.1 pts
3TZADirexion Daily Small Cap Bear 3X ETF−3x$235m0.99%+14.6%+12.6%+2.0 pts
4UWMProShares Ultra Russell2000+2x$218m0.95%−10.1%−8.4%−1.7 pts
5RWMProShares Short Russell2000−1x$136m0.95%+5.7%+4.2%+1.5 pts
6SRTYProShares UltraPro Short Russell2000−3x$68m0.95%+14.5%+12.6%+1.9 pts
7TWMProShares UltraShort Russell2000−2x$60m0.95%+10.2%+8.4%+1.8 pts
Every leveraged ETF on IWM, largest first, ranked by net assets, as of Oct 27, 2026. Underlying did, Fund returned, Multiple of that move and Difference are over the 3 months from Jul 28, 2026 to Oct 27, 2026. Source: ETFIQ.CSVMethod
Method

The 7 leveraged and inverse ETFs ETFIQ measures on the Russell 2000, of which 7 publish net assets. Between them they state -3x, -2x, -1x, +2x, +3x. Each fund’s difference is its own return minus its multiple of the Russell 2000’s move over the same days, which is a different number for every multiple on the list. Over the same days the Russell 2000 itself returned −4.2%. Of each difference the part that is compounding rather than the fund is the same for every fund stating a given multiple, −2.1 at -3x, −1.0 at -2x, −0.3 at -1x, −0.4 at +2x, −0.9 at +3x, in percentage points.

The rest of the method

What is left is the fund. The list sorts one published number, with no scoring or weighting. Every fund ETFIQ covers in this category is eligible, closed funds included.

Where to next
Sources and dates
The multiple each fund states in its own registered name, from the SEC investment company series and class filesec.gov ↗
SEC EDGAR, full-text search of fund filingsefts.sec.gov ↗
SEC Form N-PORT, what a fund filed it holdssec.gov ↗
Rule 19a-1, what a distribution notice must sayecfr.gov ↗

Links are sources, not endorsements. A ranking is not a recommendation or an opinion.

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ETFIQ, Every leveraged ETF on IWM, largest first, ranked by net assets, data as of Oct 27, 2026. https://etfiq.com/rankings/leverage-largest-on-iwm

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