TNA has done an admirable job of tracking IWM in recent months. Over the past 90 days, TNA is up 32% compared to a 10.3% gain for IWM. IWM’s top sector weights are financial services (23.2%), consumer discretionary (14.6%) and technology (14.6%), three groups that have performed well while interest rates spike earlier this year.
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ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of IWM.