TZA has seen very heavy trading volumes compared to average for at least the past 6 sessions. Similarly, ProShares Short Russell 2000 (NYSEArca: RWM) is designed to deliver the inverse daily return (unleveraged) to the Russell 2000 Index, while ProShares UltraShort Russell 2000 (NYSEArca: TWM) provides two times the daily leveraged inverse return. ProShares UltraPro Short Russell 2000 (NYSEArca: SRTY) is structured in a similar fashion as TZA, designed to provide 3 times the daily leveraged inverse return to the index.
Finally, iPath Short Extended Russell 2000 Total Return ETN (NYSEArca: RTSA) provides 3 times the inverse return but in ETN form.
Russell 2000 Index
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