Defiance Daily Target 2X Short AMD ETF (DAMD) 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 DAMD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DAMD
DAMD charges 1.31% annually. There are 64 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 | DAMD vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 32.11M | Mar 2024 | DAMD vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.03M | Nov 2017 | DAMD vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 47.36M | Nov 2021 | DAMD vs SARK | |
| ProShares Short S&P500 | 0.89% | 1.09B | Jun 2006 | DAMD vs SH |
Best Risk-Adjusted Alternatives to DAMD
Among 66 ETFs in the Inverse Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 63.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 63 | 4.56M | Oct 2024 | DAMD vs NFXS | |
| T-REX 2X Inverse MSTR Daily Target ETF | 62 | 92.68M | Sep 2024 | DAMD vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 53 | 33.15M | Aug 2024 | DAMD vs SMST | |
| Direxion Daily MSFT Bear 1X Shares | 43 | 8.89M | Sep 2022 | DAMD vs MSFD | |
| YieldMax Short COIN Option Income Strategy ETF | 30 | 34.27M | Jul 2024 | DAMD vs FIAT |
Top Performing DAMD Alternatives (YTD)
DAMD is at -93.00% YTD. There are 76 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 | DAMD vs PLTZ | |
| Direxion Daily PLTR Bear 1X Shares | 48.30% | 40.54M | Dec 2024 | DAMD vs PLTD | |
| Direxion Daily MSFT Bear 1X Shares | 33.23% | 8.89M | Sep 2022 | DAMD vs MSFD | |
| Defiance Daily Target 2X Short BMNR ETF | 29.97% | — | Nov 2025 | DAMD vs BMNZ | |
| Direxion Daily NFLX Bear 1X Shares | 27.73% | 4.56M | Oct 2024 | DAMD vs NFXS |
Lowest Volatility Alternatives to DAMD
DAMD has 139.09% 1-year volatility. There are 64 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 | DAMD vs DOG | |
| ProShares Short S&P500 | 12.39% | 1.09B | Jun 2006 | DAMD vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.59% | 221.57M | Jun 2016 | DAMD vs SPDN | |
| Direxion Daily BRKB Bear 1X Shares | 12.95% | 2.34M | Dec 2024 | DAMD vs BRKD | |
| Gotham Short Strategies ETF | 13.53% | 12.30M | Jul 2017 | DAMD vs SHRT |
Lowest Drawdown Alternatives to DAMD
Among 66 ETFs in the Inverse Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -9.34%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | -9.34% | 2.34M | Dec 2024 | DAMD vs BRKD | |
| ProShares Short Financials | -11.14% | 14.07M | Jun 2008 | DAMD vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 67.03M | Jan 2011 | DAMD vs HDGE | |
| ProShares Short FTSE China 50 | -12.48% | 4.77M | Mar 2010 | DAMD vs YXI | |
| ProShares Short Dow30 | -13.59% | 112.04M | Jun 2006 | DAMD vs DOG |
Other ETFs from Defiance
The 10 most viewed Defiance ETFs shown here include QTUM, QQQY, MSTX and span 11 categories. AUM among these funds goes as high as $6B.
Often Compared With DAMD
Investors most often compare DAMD with YQQQ, ZIVB, SVIX. These 5 comparison targets span 5 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| YieldMax Short N100 Option Income Strategy ETF | Derivative Income, Inverse Equities | 4 | -6.68% | 15.61M | Aug 2024 | DAMD vs YQQQ | |
| -1x Short VIX Mid-Term Futures Strategy ETF | Inverse Equities | — | — | 12.30M | Apr 2023 | DAMD vs ZIVB | |
| -1x Short VIX Futures ETF | Volatility, Inverse Equities | 27 | -6.56% | 215.09M | Mar 2022 | DAMD vs SVIX | |
| Tradr 2X Short TSLA Daily ETF | Inverse Equities | 5 | 17.46% | 118.77M | Jul 2022 | DAMD vs TSLQ | |
| ProShares UltraPro Short S&P500 | S&P 500, Inverse Equities, Leveraged Equities | 1 | -20.11% | 417.54M | Jun 2009 | DAMD vs SPXU |
Compare DAMD with Any Fund or Stock
Compare DAMD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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Pair DAMD with funds that move differently
Defiance Daily Target 2X Short AMD ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DAMD.
Explore DAMD Diversifiers