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 5 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 | BNKD vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 27.70M | Mar 2024 | BNKD vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.01M | Nov 2017 | BNKD vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 56.18M | Nov 2021 | BNKD vs SARK | |
| ProShares Short S&P500 | 0.90% | 981.01M | Jun 2006 | BNKD vs SH |
Best Risk-Adjusted Alternatives to BNKD
BNKD has a PortfoliosLab risk / return rank of 1. There are 43 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 | BNKD vs NFXS | |
| Volatility Shares -1x Short VIX Futures ETF | 30 | 215.09M | Mar 2022 | BNKD vs SVIX | |
| T-REX 2X Inverse MSTR Daily Target ETF | 24 | 118.12M | Sep 2024 | BNKD vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 22 | 30.99M | Aug 2024 | BNKD vs SMST | |
| Direxion Daily BRKB Bear 1X Shares | 17 | 2.34M | Dec 2024 | BNKD vs BRKD |
Top Performing BNKD Alternatives (YTD)
BNKD is at -28.25% YTD. There are 48 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 | BNKD vs PLTD | |
| YieldMax Short COIN Option Income Strategy ETF | 13.21% | 35.89M | Jul 2024 | BNKD vs FIAT | |
| Direxion Daily NFLX Bear 1X Shares | 11.27% | 5.31M | Oct 2024 | BNKD vs NFXS | |
| Direxion Daily MSFT Bear 1X Shares | 10.13% | 13.89M | Sep 2022 | BNKD vs MSFD | |
| ProShares Short FTSE China 50 | 7.60% | 4.57M | Mar 2010 | BNKD vs YXI |
Lowest Volatility Alternatives to BNKD
BNKD has 58.20% 1-year volatility. There are 44 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 | BNKD vs ZIVB | |
| ProShares Short S&P500 | 11.79% | 981.01M | Jun 2006 | BNKD vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.09% | 213.79M | Jun 2016 | BNKD vs SPDN | |
| ProShares Short Dow30 | 12.23% | 108.72M | Jun 2006 | BNKD vs DOG | |
| YieldMax Short N100 Option Income Strategy ETF | 12.50% | 13.26M | Aug 2024 | BNKD vs YQQQ |
Lowest Drawdown Alternatives to BNKD
BNKD has a 1-year max drawdown of -70.14%. There are 40 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 | -9.72% | 15.40M | Jun 2008 | BNKD vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 63.43M | Jan 2011 | BNKD vs HDGE | |
| ProShares Decline of the Retail Store ETF | -14.00% | 3.01M | Nov 2017 | BNKD vs EMTY | |
| ProShares Short FTSE China 50 | -14.21% | 4.57M | Mar 2010 | BNKD vs YXI |
Other ETFs from REX
The 10 most viewed REX ETFs shown here include FEPI, AIPI, NVDX and span 6 categories. AUM among these funds goes as high as $733M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| REX FANG & Innovation Equity Premium Income ETF | Derivative Income, Technology Equities | 56 | 10.45% | 733.17M | Oct 2023 | BNKD vs FEPI | |
| REX AI Equity Premium Income ETF | Derivative Income | 50 | 10.97% | 433.48M | Jun 2024 | BNKD vs AIPI | |
| T-REX 2X Long NVIDIA Daily Target ETF | Leveraged Equities | 34 | 21.55% | 576.52M | Oct 2023 | BNKD vs NVDX | |
| REX NVDA Growth & Income ETF | Derivative Income | 57 | 18.10% | 101.19M | May 2025 | BNKD vs NVII | |
| REX TSLA Growth & Income ETF | Leveraged Equities, Derivative Income | — | -8.47% | 44.65M | Jun 2025 | BNKD vs TSII | |
| REX Crypto Equity Premium Income ETF | Cryptocurrency | 33 | 21.47% | — | Dec 2024 | BNKD vs CEPI | |
| REX Drone ETF | Aerospace & Defense | — | 27.64% | 101.41M | Oct 2025 | BNKD vs DRNZ | |
| MicroSectors Energy 3X Leveraged ETN | Leveraged Equities | 47 | 87.83% | 14.23M | Feb 2023 | BNKD vs WTIU | |
| T-REX 2X Long BMNR Daily Target ETF | Leveraged Equities | — | -73.22% | — | Sep 2025 | BNKD vs BMNU | |
| T-REX 2X Long Bitcoin Daily Target ETF | Leveraged Cryptocurrency | 2 | -55.71% | — | 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