Direxion Daily AVGO Bear 1X Shares (AVS) belongs to the Inverse Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with AVS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AVS
AVS charges 0.98% annually. There are 28 ETFs in the Inverse Equities category with lower expense ratios, going as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1x Shares | 0.50% | 213.79M | Jun 2016 | AVS vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 27.70M | Mar 2024 | AVS vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.01M | Nov 2017 | AVS vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 56.18M | Nov 2021 | AVS vs SARK | |
| ProShares Short S&P500 | 0.90% | 981.01M | Jun 2006 | AVS vs SH |
Best Risk-Adjusted Alternatives to AVS
AVS has a PortfoliosLab risk / return rank of 1. There are 31 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 37.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 37 | 5.31M | Oct 2024 | AVS vs NFXS | |
| Volatility Shares -1x Short VIX Futures ETF | 30 | 215.09M | Mar 2022 | AVS vs SVIX | |
| T-REX 2X Inverse MSTR Daily Target ETF | 24 | 118.12M | Sep 2024 | AVS vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 22 | 30.99M | Aug 2024 | AVS vs SMST | |
| Direxion Daily BRKB Bear 1X Shares | 17 | 2.34M | Dec 2024 | AVS vs BRKD |
Top Performing AVS Alternatives (YTD)
AVS is at -22.61% YTD. There are 43 ETFs in the Inverse Equities category with higher YTD returns, going as high as 13.62%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily PLTR Bear 1X Shares | 13.62% | 40.54M | Dec 2024 | AVS vs PLTD | |
| YieldMax Short COIN Option Income Strategy ETF | 13.21% | 35.89M | Jul 2024 | AVS vs FIAT | |
| Direxion Daily NFLX Bear 1X Shares | 11.27% | 5.31M | Oct 2024 | AVS vs NFXS | |
| Direxion Daily MSFT Bear 1X Shares | 10.13% | 13.89M | Sep 2022 | AVS vs MSFD | |
| ProShares Short FTSE China 50 | 7.60% | 4.57M | Mar 2010 | AVS vs YXI |
Lowest Volatility Alternatives to AVS
AVS has 44.81% 1-year volatility. There are 36 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| -1x Short VIX Mid-Term Futures Strategy ETF | 0.00% | 12.30M | Apr 2023 | AVS vs ZIVB | |
| ProShares Short S&P500 | 11.79% | 981.01M | Jun 2006 | AVS vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.09% | 213.79M | Jun 2016 | AVS vs SPDN | |
| ProShares Short Dow30 | 12.23% | 108.72M | Jun 2006 | AVS vs DOG | |
| YieldMax Short N100 Option Income Strategy ETF | 12.50% | 13.26M | Aug 2024 | AVS vs YQQQ |
Lowest Drawdown Alternatives to AVS
AVS has a 1-year max drawdown of -55.22%. There are 35 ETFs in the Inverse Equities category with shallower 1-year drawdowns, going as shallow as -9.34%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | -9.34% | 2.34M | Dec 2024 | AVS vs BRKD | |
| ProShares Short Financials | -9.72% | 15.40M | Jun 2008 | AVS vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 63.43M | Jan 2011 | AVS vs HDGE | |
| ProShares Decline of the Retail Store ETF | -14.00% | 3.01M | Nov 2017 | AVS vs EMTY | |
| ProShares Short FTSE China 50 | -14.21% | 4.57M | Mar 2010 | AVS vs YXI |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SOXL, SPXL, TMF and span 7 categories. AUM among these funds goes as high as $23B.
Often Compared With AVS
Investors most often compare AVS with TEK, AVGX, SHRT. These 14 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare AVS with Any Fund or Stock
Compare AVS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AVS with funds that move differently
Direxion Daily AVGO Bear 1X Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AVS.
Explore AVS Diversifiers