Direxion Daily Emerging Markets Bear 3X Shares (EDZ) 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 EDZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EDZ
EDZ charges 1.08% annually. There are 279 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% | 44.22M | Mar 2026 | EDZ vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 49.31M | Sep 2021 | EDZ vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 257.66M | May 2014 | EDZ vs SPUU | |
| Leverage Shares 2X Long NVDA Daily ETF | 0.75% | — | Dec 2024 | EDZ vs NVDG | |
| Leverage Shares 2X Long HOOD Daily ETF | 0.75% | 82.29M | Mar 2025 | EDZ vs HOOG |
Best Risk-Adjusted Alternatives to EDZ
EDZ has a PortfoliosLab risk / return rank of 1. There are 252 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 99 | 6.16B | Oct 2024 | EDZ vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 923.53M | Nov 2024 | EDZ vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.82M | Apr 2021 | EDZ vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.50M | Apr 2021 | EDZ vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 96 | 509.42M | Feb 2025 | EDZ vs INTW |
Top Performing EDZ Alternatives (YTD)
EDZ is at -55.94% YTD. There are 315 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 770.75%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 770.75% | 162.40M | Feb 2025 | EDZ vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 575.80% | 6.16B | Oct 2024 | EDZ vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 555.59% | 923.53M | Nov 2024 | EDZ vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 464.60% | 101.49M | Nov 2025 | EDZ vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 394.65% | 509.42M | Feb 2025 | EDZ vs INTW |
Lowest Volatility Alternatives to EDZ
EDZ has 69.16% 1-year volatility. There are 184 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.77%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.77% | 22.82M | Apr 2021 | EDZ vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.21% | 20.50M | Apr 2021 | EDZ vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.36% | 13.45M | Jul 2021 | EDZ vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.35% | 20.95M | Jul 2021 | EDZ vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.53% | 69.49M | Apr 2021 | EDZ vs XDSQ |
Lowest Drawdown Alternatives to EDZ
EDZ has a 1-year max drawdown of -74.94%. There are 209 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% | 22.82M | Apr 2021 | EDZ vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 20.50M | Apr 2021 | EDZ vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.45M | Jul 2021 | EDZ vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 20.95M | Jul 2021 | EDZ vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.49M | Apr 2021 | EDZ vs XDSQ |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SOXL, SPXL, TECL and span 9 categories. AUM among these funds goes as high as $25B.
Often Compared With EDZ
Investors most often compare EDZ with EDC, BERZ, YANG. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare EDZ with Any Fund or Stock
Compare EDZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EDZ with funds that move differently
Direxion Daily Emerging Markets Bear 3X Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EDZ.
Explore EDZ Diversifiers