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Stockchase Opinions

Larry Berman CFA, CMT, CTAProShares Short Russell2000(ETF)RWMCOMMENTApr 19, 2021

HIX is an inverse play on the TSX 60 similar to HDGE or RWM. It is a single inverse, so there is only a tiny element of future market exposure. There is no leverage involved in HIX.

$22.05

Stock price when the opinion was issued

$13.64

As of Jun 18, 2026. Market Open.

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COMMENT
You could buy the reverse, RWM, if you want to short the IWM. There is no leverage and it is an 1-1 inverse fund.
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This is non-leveraged. It would lose only a half to one percent over a year due to rebalancing. He uses it.