SPSM ETF offers cheaper, more profitable small-cap exposure than IWM with better long-term returns.

Leveraged small-cap ETF TNA soars 117% in a year but loses over 5 years due to volatility decay.

Direxion's leveraged ETF TNA, designed to deliver 3x the daily return of the Russell 2000, has surged 117% over the past year amid steady market trends and low volatility. However, over five years, TNA has lost nearly 11% due to volatility decay, des...