Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) Alternatives
Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) 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 DFEN. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to DFEN
DFEN charges 0.99% annually. Among ETFs in the Leveraged Equities category, these options have the lowest expense ratios among DFEN alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | Sep 14, 2021 | DFEN vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | May 28, 2014 | DFEN vs SPUU | |
| Leverage Shares 2X Long HOOD Daily ETF | 0.75% | Mar 20, 2025 | DFEN vs HOOG | |
| Leverage Shares 2X Long NVDA Daily ETF | 0.75% | Dec 12, 2024 | DFEN vs NVDG | |
| Leverage Shares 2X Long TSM Daily ETF | 0.75% | Jan 14, 2025 | DFEN vs TSMG |
Best Risk-Adjusted Alternatives to DFEN
Among ETFs in the Leveraged Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | Oct 9, 2024 | DFEN vs MUU | |
| Direxion Daily South Korea Bull 3X Shares | 98 | Apr 10, 2013 | DFEN vs KORU | |
| GraniteShares 2x Long MU Daily ETF | 98 | Nov 11, 2024 | DFEN vs MULL | |
| Direxion Daily GOOGL Bull 2X Shares | 96 | Sep 6, 2022 | DFEN vs GGLL | |
| Leverage Shares 2X Long TSM Daily ETF | 95 | Jan 14, 2025 | DFEN vs TSMG |
Top Performing DFEN Alternatives (YTD)
DFEN alternatives from the Leveraged Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 139.49% | Apr 9, 2019 | DFEN vs NRGU | |
| Leverage Shares 2X Long TER Daily ETF | 124.98% | Nov 17, 2025 | DFEN vs TERG | |
| MicroSectors Energy 3X Leveraged ETN | 113.23% | Feb 16, 2023 | DFEN vs WTIU | |
| Direxion Daily S&P Oil & Gas Exploration & Product... | 87.03% | Apr 1, 2020 | DFEN vs GUSH | |
| Leverage Shares 2X Long ARM Daily ETF | 78.95% | Jan 14, 2025 | DFEN vs ARMG |
Lowest Volatility Alternatives to DFEN
DFEN alternatives from the Leveraged Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 14.34% | Apr 1, 2021 | DFEN vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 16.38% | Apr 1, 2021 | DFEN vs QTAP | |
| Roundhill BRKB WeeklyPay ETF | 17.90% | Jun 17, 2025 | DFEN vs BRKW | |
| Innovator US Equity Accelerated ETF | 17.99% | Apr 1, 2021 | DFEN vs XDSQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 18.18% | Jul 1, 2021 | DFEN vs XTJL |
Lowest Drawdown Alternatives to DFEN
DFEN alternatives from the Leveraged Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -11.83% | Apr 1, 2021 | DFEN vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -12.04% | Apr 1, 2021 | DFEN vs QTAP | |
| Innovator US Equity Accelerated ETF | -12.18% | Apr 1, 2021 | DFEN vs XDSQ | |
| Innovator Growth Accelerated ETF - Quarterly | -12.64% | Apr 1, 2021 | DFEN vs XDQQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -13.81% | Jul 1, 2021 | DFEN vs XTJL |
Other ETFs from Direxion
Most popular Direxion ETFs on PortfoliosLab, across asset classes.
Often Compared With DFEN
What investors most often compare with DFEN, based on PortfoliosLab usage data.
Compare DFEN with Any Fund or Stock
Compare DFEN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.