MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD) 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 BNKD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BNKD
BNKD charges 0.95% annually. There are 6 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% | 221.57M | Jun 2016 | BNKD vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 32.11M | Mar 2024 | BNKD vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.03M | Nov 2017 | BNKD vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 47.36M | Nov 2021 | BNKD vs SARK | |
| ProShares Short S&P500 | 0.89% | 1.09B | Jun 2006 | BNKD vs SH |
Best Risk-Adjusted Alternatives to BNKD
BNKD has a PortfoliosLab risk / return rank of 0. There are 59 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 63.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 63 | 4.56M | Oct 2024 | BNKD vs NFXS | |
| T-REX 2X Inverse MSTR Daily Target ETF | 62 | 92.68M | Sep 2024 | BNKD vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 53 | 33.15M | Aug 2024 | BNKD vs SMST | |
| Direxion Daily MSFT Bear 1X Shares | 43 | 8.89M | Sep 2022 | BNKD vs MSFD | |
| YieldMax Short COIN Option Income Strategy ETF | 30 | 34.27M | Jul 2024 | BNKD vs FIAT |
Top Performing BNKD Alternatives (YTD)
BNKD is at -37.77% YTD. There are 56 ETFs in the Inverse Equities category with higher YTD returns, going as high as 74.06%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Defiance Daily Target 2X Short PLTR ETF | 74.06% | 16.93M | Jun 2025 | BNKD vs PLTZ | |
| Direxion Daily PLTR Bear 1X Shares | 48.30% | 40.54M | Dec 2024 | BNKD vs PLTD | |
| Direxion Daily MSFT Bear 1X Shares | 33.23% | 8.89M | Sep 2022 | BNKD vs MSFD | |
| Defiance Daily Target 2X Short BMNR ETF | 29.97% | — | Nov 2025 | BNKD vs BMNZ | |
| Direxion Daily NFLX Bear 1X Shares | 27.73% | 4.56M | Oct 2024 | BNKD vs NFXS |
Lowest Volatility Alternatives to BNKD
BNKD has 58.11% 1-year volatility. There are 44 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.38%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Short Dow30 | 12.38% | 112.04M | Jun 2006 | BNKD vs DOG | |
| ProShares Short S&P500 | 12.39% | 1.09B | Jun 2006 | BNKD vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.59% | 221.57M | Jun 2016 | BNKD vs SPDN | |
| Direxion Daily BRKB Bear 1X Shares | 12.95% | 2.34M | Dec 2024 | BNKD vs BRKD | |
| Gotham Short Strategies ETF | 13.53% | 12.30M | Jul 2017 | BNKD vs SHRT |
Lowest Drawdown Alternatives to BNKD
BNKD has a 1-year max drawdown of -68.06%. There are 46 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 | BNKD vs BRKD | |
| ProShares Short Financials | -11.14% | 14.07M | Jun 2008 | BNKD vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 67.03M | Jan 2011 | BNKD vs HDGE | |
| ProShares Short FTSE China 50 | -12.48% | 4.77M | Mar 2010 | BNKD vs YXI | |
| ProShares Short Dow30 | -13.59% | 112.04M | Jun 2006 | BNKD vs DOG |
Other ETFs from REX
The 10 most viewed REX ETFs shown here include FEPI, AIPI, NVDX and span 7 categories. AUM among these funds goes as high as $679M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| REX FANG & Innovation Equity Premium Income ETF | Derivative Income, Technology Equities | 30 | 2.47% | 679.01M | Oct 2023 | BNKD vs FEPI | |
| REX AI Equity Premium Income ETF | Derivative Income | 26 | 3.64% | 417.68M | Jun 2024 | BNKD vs AIPI | |
| T-REX 2X Long NVIDIA Daily Target ETF | Leveraged Equities | 15 | -4.38% | 497.67M | Oct 2023 | BNKD vs NVDX | |
| REX NVIDIA Growth & Income ETF | Derivative Income, Leveraged Equities, Options Trading | 32 | 5.18% | 101.80M | May 2025 | BNKD vs NVII | |
| REX Crypto Equity Premium Income ETF | Cryptocurrency | 27 | 18.69% | 112.87M | Dec 2024 | BNKD vs CEPI | |
| REX TSLA Growth & Income ETF | Leveraged Equities, Derivative Income | 16 | -17.15% | 40.67M | Jun 2025 | BNKD vs TSII | |
| REX Drone ETF | Aerospace & Defense | — | -4.51% | 109.01M | Oct 2025 | BNKD vs DRNZ | |
| MicroSectors Energy 3X Leveraged ETN | Leveraged Equities | 22 | 43.70% | 26.09M | Feb 2023 | BNKD vs WTIU | |
| T-REX 2X Long BMNR Daily Target ETF | Leveraged Equities | — | -85.87% | — | Sep 2025 | BNKD vs BMNU | |
| T-REX 2X Long Bitcoin Daily Target ETF | Leveraged Cryptocurrency | 1 | -62.63% | — | Jul 2024 | BNKD vs BTCL |
Often Compared With BNKD
Investors most often compare BNKD with FAZ, PIC.AX, FNGD. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare BNKD with Any Fund or Stock
Compare BNKD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BNKD with funds that move differently
MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BNKD.
Explore BNKD Diversifiers