ProShares UltraShort MSCI Brazil Capped (BZQ) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with BZQ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BZQ
BZQ charges 0.95% annually. There are 97 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 43.18M | Mar 2026 | BZQ vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.07M | Sep 2021 | BZQ vs IFED | |
| Corgi BRKB 2x Daily ETF | 0.45% | — | Jul 2026 | BZQ vs BRKL | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 260.25M | May 2014 | BZQ vs SPUU | |
| Leverage Shares 2X Long COST Daily ETF | 0.75% | 8.57M | Sep 2025 | BZQ vs COTG |
Best Risk-Adjusted Alternatives to BZQ
BZQ has a PortfoliosLab risk / return rank of 1. There are 251 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | 3.86B | Oct 2024 | BZQ vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 531.06M | Nov 2024 | BZQ vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.69M | Apr 2021 | BZQ vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.37M | Apr 2021 | BZQ vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 97 | 282.58M | Feb 2025 | BZQ vs INTW |
Top Performing BZQ Alternatives (YTD)
BZQ is at -31.18% YTD. There are 242 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 699.96%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 699.96% | 101.24M | Feb 2025 | BZQ vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 378.90% | 3.86B | Oct 2024 | BZQ vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 365.77% | 531.06M | Nov 2024 | BZQ vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 266.23% | 63.06M | Nov 2025 | BZQ vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 265.05% | 282.58M | Feb 2025 | BZQ vs INTW |
Lowest Volatility Alternatives to BZQ
BZQ has 50.09% 1-year volatility. There are 119 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.89%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.89% | 22.69M | Apr 2021 | BZQ vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.61% | 20.37M | Apr 2021 | BZQ vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.75% | 13.42M | Jul 2021 | BZQ vs XTJL | |
| Innovator US Equity Accelerated ETF | 10.94% | 69.34M | Apr 2021 | BZQ vs XDSQ | |
| Innovator Growth Accelerated Plus ETF - July | 11.73% | 19.11M | Jul 2021 | BZQ vs QTJL |
Lowest Drawdown Alternatives to BZQ
BZQ has a 1-year max drawdown of -64.18%. There are 185 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.69M | Apr 2021 | BZQ vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.81% | 20.37M | Apr 2021 | BZQ vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.42M | Jul 2021 | BZQ vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -8.48% | 19.11M | Jul 2021 | BZQ vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.34M | Apr 2021 | BZQ vs XDSQ |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, QLD, BITO and span 10 categories. AUM among these funds goes as high as $33B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 45 | 29.42% | 32.83B | Feb 2010 | BZQ vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities | 48 | 23.13% | 12.76B | Jun 2006 | BZQ vs QLD | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 2 | -28.40% | 1.41B | Oct 2021 | BZQ vs BITO | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 65 | 26.96% | 5.15B | Jun 2009 | BZQ vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 67 | 19.52% | 7.81B | Jun 2006 | BZQ vs SSO | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 58 | 55.27% | 2.47B | Jan 2007 | BZQ vs USD | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 51 | 11.50% | 11.68B | Oct 2013 | BZQ vs NOBL | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 1 | -38.05% | 2.00B | Feb 2010 | BZQ vs SQQQ | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 52 | 11.89% | 394.37M | Mar 2024 | BZQ vs IQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 1 | -36.18% | 244.68M | Oct 2011 | BZQ vs UVXY |
Often Compared With BZQ
Investors most often compare BZQ with EWZ, VTI, TSMX. These 20 comparison targets span 16 categories, based on PortfoliosLab usage data.
Compare BZQ with Any Fund or Stock
Compare BZQ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BZQ with funds that move differently
ProShares UltraShort MSCI Brazil Capped alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BZQ.
Explore BZQ Diversifiers