Most liquid small ETFs
As of Oct 22, 2026, TWM is first at an IQ Liquidity Score of 88. See 53 funds ranked by IQ Liquidity Score, highest first, among funds flagged Small but liquid. Updated Oct 22, 2026.
| # | Ticker | Fund | Score ↓ | Tier | Cost to trade | At $10,000 | Full cost to own · 1 yr | Fee | Flags | Net assets |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | TWM | ProShares UltraShort Russell2000 | 88 | Trades like a giant | 0.020% | $2.00 | 1.05% | 0.95% | Small but liquid | $61m |
| 2 | BITI | ProShares Short Bitcoin ETF | 87 | Trades like a giant | 0.030% | $3.00 | 1.12% | 1.02% | Small but liquid | $73m |
| 3 | DXD | ProShares UltraShort Dow30 | 87 | Trades like a giant | 0.030% | $3.00 | 1.05% | 0.95% | Small but liquid | $44m |
| 4 | SEF | ProShares Short Financials | 87 | Trades like a giant | 0.030% | $3.00 | 1.04% | 0.95% | Small but liquid | $14m |
| 5 | SRTY | ProShares UltraPro Short Russell2000 | 86 | Trades like a giant | 0.020% | $2.00 | 1.10% | 0.95% | Small but liquid | $70m |
| 6 | MYCI | State Street My2029 Corporate Bond ETF | 86 | Trades like a giant | 0.020% | $2.00 | 0.24% | 0.15% | Small but liquid | $58m |
| 7 | EUM | ProShares Short MSCI Emerging Markets | 86 | Trades like a giant | 0.030% | $3.00 | 1.07% | 0.95% | Small but liquid | $15m |
| 8 | SPCF | ProShares Ultra SpaceX | 84 | Liquid | 0.030% | $3.00 | 1.12% | 0.95% | Small but liquid | $87m |
| 9 | SKF | ProShares UltraShort Financials | 84 | Liquid | 0.040% | $4.00 | 1.10% | 0.95% | Small but liquid | $10m |
| 10 | DUG | ProShares UltraShort Energy | 82 | Liquid | 0.035% | $3.50 | 1.09% | 0.95% | Small but liquid | $33m |
| 11 | MYY | ProShares Short MidCap400 | 82 | Liquid | 0.065% | $6.50 | 1.12% | 0.95% | Small but liquid | $4m |
| 12 | MYCO | State Street My2035 Corporate Bond ETF | 81 | Liquid | 0.045% | $4.50 | 0.32% | 0.15% | Small but liquid | $7m |
| 13 | UCC | ProShares Ultra Consumer Discretionary | 80 | Liquid | 0.060% | $6.00 | 1.14% | 0.95% | Small but liquid | $9m |
| 14 | QQXL | ProShares Ultra QQQ Top 30 | 80 | Liquid | 0.060% | $6.00 | 1.14% | 0.96% | Small but liquid | $5m |
| 15 | MYCF | State Street My2026 Corporate Bond ETF | 79 | Liquid | 0.040% | $4.00 | 0.27% | 0.15% | Small but liquid | $51m |
| 16 | MYCG | State Street My2027 Corporate Bond ETF | 79 | Liquid | 0.040% | $4.00 | 0.28% | 0.15% | Small but liquid | $45m |
| 17 | OBND | State Street Loomis Sayles Opportunistic Bond ETF | 79 | Liquid | 0.020% | $2.00 | 0.80% | 0.55% | Small but liquid | $31m |
| 18 | MYCJ | State Street My2030 Corporate Bond ETF | 78 | Liquid | 0.040% | $4.00 | 0.32% | 0.15% | Small but liquid | $51m |
| 19 | SSG | ProShares UltraShort Semiconductors | 78 | Liquid | 0.050% | $5.00 | 1.14% | 0.95% | Small but liquid | $41m |
| 20 | UPW | ProShares Ultra Utilities | 78 | Liquid | 0.055% | $5.50 | 1.17% | 0.95% | Small but liquid | $13m |
| 21 | REK | ProShares Short Real Estate | 78 | Liquid | 0.030% | $3.00 | 1.06% | 0.95% | Small but liquidOne dealer | $12m |
| 22 | UXI | ProShares Ultra Industrials | 77 | Liquid | 0.080% | $8.00 | 1.20% | 0.95% | Small but liquid | $25m |
| 23 | UPV | ProShares Ultra FTSE Europe | 77 | Liquid | 0.085% | $8.50 | 1.16% | 0.95% | Small but liquid | $12m |
| 24 | SMDD | ProShares UltraPro Short MidCap400 | 77 | Liquid | 0.060% | $6.00 | 1.20% | 0.95% | Small but liquid | $2m |
| 25 | DIG | ProShares Ultra Energy | 76 | Liquid | 0.045% | $4.50 | 1.11% | 0.95% | Small but liquid | $93m |
| 26 | EUO | ProShares UltraShort Euro | 76 | Liquid | 0.060% | $6.00 | 1.17% | 0.95% | Small but liquid | $45m |
| 27 | EQQQ | ProShares Ultra QQQ Equal Weight | 76 | Liquid | 0.080% | $8.00 | 1.16% | 0.95% | Small but liquid | $5m |
| 28 | REW | ProShares UltraShort Technology | 76 | Liquid | 0.10% | $10 | 1.23% | 0.95% | Small but liquid | $4m |
| 29 | SZK | ProShares UltraShort Consumer Staples | 76 | Liquid | 0.065% | $6.50 | 1.20% | 0.95% | Small but liquid | $633,342 |
| 30 | TBX | ProShares Short 7-10 Year Treasury | 75 | Liquid | 0.10% | $10 | 1.17% | 0.95% | Small but liquid | $24m |
| 31 | SRS | ProShares UltraShort Real Estate | 75 | Liquid | 0.055% | $5.50 | 1.12% | 0.95% | Small but liquid | $17m |
| 32 | MYMF | State Street My2026 Municipal Bond ETF | 75 | Liquid | 0.040% | $4.00 | 0.41% | 0.20% | Small but liquid | $9m |
| 33 | MYHA | State Street My2027 High Yield Corporate Bond ETF | 75 | Liquid | 0.060% | $6.00 | 0.64% | 0.39% | Small but liquid | $5m |
| 34 | SCC | ProShares UltraShort Consumer Discretionary | 75 | Liquid | 0.065% | $6.50 | 1.16% | 0.95% | Small but liquidOne dealer | $3m |
| 35 | SDP | ProShares UltraShort Utilities | 75 | Liquid | 0.060% | $6.00 | 1.18% | 0.95% | Small but liquid | $2m |
| 36 | UGE | ProShares Ultra Consumer Staples | 74 | Liquid | 0.055% | $5.50 | 1.17% | 0.95% | Small but liquid | $10m |
| 37 | RXD | ProShares UltraShort Health Care | 74 | Liquid | 0.10% | $10 | 1.27% | 0.95% | Small but liquid | $3m |
| 38 | KOLD | ProShares UltraShort Bloomberg Natural Gas | 73 | Liquid | 0.020% | $2.00 | 1.55% | 0.95% | Small but liquidPrice can drift from value | $97m |
| 39 | URSP | ProShares Ultra S&P 500 Equal Weight | 73 | Liquid | 0.095% | $9.50 | 1.23% | 0.95% | Small but liquid | $45m |
| 40 | PRAB | State Street IG Public & Private ABS ETF | 73 | Liquid | 0.040% | $4.00 | 0.74% | 0.39% | Small but liquid | $28m |
| 41 | UST | ProShares Ultra 7-10 Year Treasury | 73 | Liquid | 0.13% | $13 | 1.25% | 0.95% | Small but liquid | $16m |
| 42 | MRGR | ProShares Merger ETF | 73 | Liquid | 0.065% | $6.50 | 1.06% | 0.75% | Small but liquid | $16m |
| 43 | SETH | ProShares Short Ether ETF | 72 | Liquid | 0.085% | $8.50 | 1.17% | 0.95% | Small but liquid | $8m |
| 44 | MYHB | State Street My2028 High Yield Corporate Bond ETF | 72 | Liquid | 0.080% | $8.00 | 0.67% | 0.39% | Small but liquid | $5m |
| 45 | LTL | ProShares Ultra Communication Services | 72 | Liquid | 0.065% | $6.50 | 1.19% | 0.95% | Small but liquid | $5m |
| 46 | MZZ | ProShares UltraShort MidCap400 | 72 | Liquid | 0.080% | $8.00 | 1.19% | 0.95% | Small but liquidOne dealer | $5m |
| 47 | MYCK | State Street My2031 Corporate Bond ETF | 71 | Liquid | 0.040% | $4.00 | 0.29% | 0.15% | Small but liquidOne dealer | $26m |
| 48 | MYCL | State Street My2032 Corporate Bond ETF | 71 | Liquid | 0.040% | $4.00 | 0.30% | 0.15% | Small but liquidOne dealer | $12m |
| 49 | MYMK | State Street My2031 Municipal Bond ETF | 70 | Liquid | 0.13% | $13 | 0.47% | 0.20% | Small but liquid | $11m |
| 50 | MYCN | State Street My2034 Corporate Bond ETF | 70 | Liquid | 0.045% | $4.50 | 0.30% | 0.15% | Small but liquidOne dealer | $9m |
| 51 | MYCM | State Street My2033 Corporate Bond ETF | 70 | Liquid | 0.045% | $4.50 | 0.31% | 0.15% | Small but liquidOne dealer | $8m |
| 52 | SIJ | ProShares UltraShort Industrials | 70 | Liquid | 0.10% | $11 | 1.27% | 0.95% | Small but liquid | $2m |
| 53 | BIS | ProShares UltraShort Nasdaq Biotechnology | 70 | Liquid | 0.090% | $9.00 | 1.20% | 0.95% | Small but liquid | $2m |
Method
Every ETF carrying the Small but liquid flag: net assets under $100m, or a median of under 20,000 shares traded a day, with an IQ Liquidity Score of 70 or more. A tie is broken by net assets. 53 of the 4,708 ETFs that may be listed qualify tonight.
The rest of the method
The IQ Liquidity Score measures trading conditions, not the fund, and no list here is a recommendation. The list sorts one published figure, with no scoring or weighting. Too new and closing funds are left out, as are funds no longer listed.
ETFIQ links to the documents behind every figure; a link is not an endorsement. A ranking is not a recommendation or an opinion.
Questions people ask
What is the IQ Liquidity Score?
A measure of how easy an ETF is to trade, from 0 to 100, where 100 is best. It combines the spread, what the holdings can absorb in a day, the premium to NAV, the active dealers and bad days. It is not a rating.
Which ETF tops this list as of Oct 22, 2026?
TWM, with an IQ Liquidity Score of 88, Trades like a giant, of 53 funds listed.
Cite this pageCitation, APA and Markdown
ETFIQ, Most liquid small ETFs, ranked by IQ Liquidity Score, highest first, among funds flagged Small but liquid, data as of Oct 22, 2026. https://etfiq.com/rankings/trading-most-liquid-small-etfs
ETFIQ. (Oct 22, 2026). Most liquid small ETFs, ranked by IQ Liquidity Score, highest first, among funds flagged Small but liquid. Retrieved from https://etfiq.com/rankings/trading-most-liquid-small-etfs
[Most liquid small ETFs, ranked by IQ Liquidity Score, highest first, among funds flagged Small but liquid (ETFIQ, Oct 22, 2026)](https://etfiq.com/rankings/trading-most-liquid-small-etfs)
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