ProShares UltraShort Russell2000 (TWM) Alternatives
ProShares UltraShort Russell2000 (TWM) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with TWM. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to TWM
TWM charges 0.95% annually. Among ETFs in the Leveraged Equities category, these options have the lowest expense ratios among TWM alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | Sep 14, 2021 | TWM vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | May 28, 2014 | TWM vs SPUU | |
| Leverage Shares 2X Long NVDA Daily ETF | 0.75% | Dec 12, 2024 | TWM vs NVDG | |
| Leverage Shares 2X Long AMD Daily ETF | 0.75% | Jan 24, 2025 | TWM vs AMDG | |
| Leverage Shares 2X Long TSLA Daily ETF | 0.75% | Dec 12, 2024 | TWM vs TSLG |
Best Risk-Adjusted Alternatives to TWM
Among ETFs in the Leveraged Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Direxion Daily South Korea Bull 3X Shares | 98 | Apr 10, 2013 | TWM vs KORU | |
| Direxion Daily MU Bull 2X Shares | 98 | Oct 9, 2024 | TWM vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | Nov 11, 2024 | TWM vs MULL | |
| Direxion Daily GOOGL Bull 2X Shares | 96 | Sep 6, 2022 | TWM vs GGLL | |
| Direxion Daily TSM Bull 2X Shares | 96 | Oct 3, 2024 | TWM vs TSMX |
Top Performing TWM Alternatives (YTD)
TWM alternatives from the Leveraged Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 168.34% | Apr 9, 2019 | TWM vs NRGU | |
| MicroSectors Energy 3X Leveraged ETN | 141.86% | Feb 16, 2023 | TWM vs WTIU | |
| Leverage Shares 2X Long TER Daily ETF | 102.79% | Nov 17, 2025 | TWM vs TERG | |
| Direxion Daily S&P Oil & Gas Exploration & Product... | 102.61% | Apr 1, 2020 | TWM vs GUSH | |
| ProShares Ultra Oil & Gas | 85.56% | Jan 30, 2007 | TWM vs DIG |
Lowest Volatility Alternatives to TWM
TWM alternatives from the Leveraged Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 14.33% | Apr 1, 2021 | TWM vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 16.31% | Apr 1, 2021 | TWM vs QTAP | |
| Roundhill BRKB WeeklyPay ETF | 17.95% | Jun 17, 2025 | TWM vs BRKW | |
| Innovator US Equity Accelerated ETF | 17.99% | Apr 1, 2021 | TWM vs XDSQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 18.18% | Jul 1, 2021 | TWM vs XTJL |
Lowest Drawdown Alternatives to TWM
TWM alternatives from the Leveraged Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -11.83% | Apr 1, 2021 | TWM vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -12.04% | Apr 1, 2021 | TWM vs QTAP | |
| Innovator US Equity Accelerated ETF | -12.18% | Apr 1, 2021 | TWM vs XDSQ | |
| Innovator Growth Accelerated ETF - Quarterly | -12.64% | Apr 1, 2021 | TWM vs XDQQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -13.81% | Jul 1, 2021 | TWM vs XTJL |
Other ETFs from ProShares
Most popular ProShares ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities, Leveraged | 50 | -20.81% | Feb 9, 2010 | TWM vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency, Actively Managed | 5 | -23.25% | Oct 19, 2021 | TWM vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities, Leveraged | 57 | -13.35% | Jun 21, 2006 | TWM vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 45 | -16.03% | Jun 23, 2009 | TWM vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 51 | -10.23% | Jun 19, 2006 | TWM vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | S&P 500, Dividend | 27 | 2.36% | Oct 9, 2013 | TWM vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 90 | -8.58% | Jan 30, 2007 | TWM vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Leveraged | 2 | 18.46% | Feb 9, 2010 | TWM vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Leveraged, Volatility | 5 | 45.56% | Oct 3, 2011 | TWM vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 3 | -47.12% | Apr 1, 2024 | TWM vs BITU |
Often Compared With TWM
What investors most often compare with TWM, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Direxion Daily Small Cap Bear 3X Shares | Leveraged Equities, Leveraged | 2 | -5.61% | Nov 5, 2008 | TWM vs TZA | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 69 | 0.93% | May 22, 2000 | TWM vs IWM | |
| ProShares Short Russell2000 | Inverse Equities | 3 | -0.52% | Jan 23, 2007 | TWM vs RWM | |
| ProShares UltraShort 20+ Year Treasury | Leveraged Bonds, Leveraged | 21 | 1.05% | May 1, 2008 | TWM vs TBT | |
| CBOE Volatility Index | 27 | 68.90% | — | TWM vs ^VIX | ||
| Fidelity Enhanced Small Cap ETF | Small Cap Blend Equities | 76 | 0.82% | Dec 20, 2007 | TWM vs FESM | |
| Leverage Shares 2X Long HOOD Daily ETF | Leveraged Equities, Leveraged | 34 | -68.49% | Mar 20, 2025 | TWM vs HOOG | |
| Direxion Daily Energy Bull 2X Shares | Leveraged Equities, Leveraged | 65 | 85.42% | Apr 1, 2020 | TWM vs ERX | |
| Leverage Shares 2X Long TSM Daily ETF | Leveraged Equities | 96 | 16.19% | Jan 14, 2025 | TWM vs TSMG | |
| TSPY Lift ETF | Leveraged Equities, Leveraged | — | — | Jan 6, 2026 | TWM vs TSYX | |
| GraniteShares YieldBOOST SPY ETF | Leveraged Equities, Derivative Income | 37 | -7.13% | Feb 25, 2025 | TWM vs YSPY |
Compare TWM with Any Fund or Stock
Compare TWM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.