Direxion Daily LLY Bear 1X Shares (ELIS) 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 ELIS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ELIS
ELIS charges 0.97% annually. There are 24 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 | ELIS vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 27.70M | Mar 2024 | ELIS vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.01M | Nov 2017 | ELIS vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 56.18M | Nov 2021 | ELIS vs SARK | |
| ProShares Short S&P500 | 0.90% | 981.01M | Jun 2006 | ELIS vs SH |
Best Risk-Adjusted Alternatives to ELIS
Among 57 ETFs in the Inverse Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 35.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 35 | 5.31M | Oct 2024 | ELIS vs NFXS | |
| Volatility Shares -1x Short VIX Futures ETF | 26 | 215.09M | Mar 2022 | ELIS vs SVIX | |
| T-REX 2X Inverse MSTR Daily Target ETF | 26 | 118.12M | Sep 2024 | ELIS vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 24 | 30.99M | Aug 2024 | ELIS vs SMST | |
| Direxion Daily BRKB Bear 1X Shares | 20 | 2.34M | Dec 2024 | ELIS vs BRKD |
Top Performing ELIS Alternatives (YTD)
Among 74 ETFs in the Inverse Equities category with YTD return data, the top-performing alternatives shown here go as high as 13.84%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Short COIN Option Income Strategy ETF | 13.84% | 35.89M | Jul 2024 | ELIS vs FIAT | |
| Direxion Daily PLTR Bear 1X Shares | 13.23% | 40.54M | Dec 2024 | ELIS vs PLTD | |
| Direxion Daily NFLX Bear 1X Shares | 11.23% | 5.31M | Oct 2024 | ELIS vs NFXS | |
| Direxion Daily MSFT Bear 1X Shares | 10.43% | 13.89M | Sep 2022 | ELIS vs MSFD | |
| ProShares Short Financials | 8.89% | 15.40M | Jun 2008 | ELIS vs SEF |
Lowest Volatility Alternatives to ELIS
Among 81 ETFs in the Inverse Equities category with 1-year volatility data, the lowest-volatility alternatives shown here go 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 | ELIS vs ZIVB | |
| ProShares Short S&P500 | 11.80% | 981.01M | Jun 2006 | ELIS vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.10% | 213.79M | Jun 2016 | ELIS vs SPDN | |
| ProShares Short Dow30 | 12.13% | 108.72M | Jun 2006 | ELIS vs DOG | |
| YieldMax Short N100 Option Income Strategy ETF | 12.51% | 13.26M | Aug 2024 | ELIS vs YQQQ |
Lowest Drawdown Alternatives to ELIS
Among 57 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 | ELIS vs BRKD | |
| ProShares Short Financials | -9.72% | 15.40M | Jun 2008 | ELIS vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 63.43M | Jan 2011 | ELIS vs HDGE | |
| ProShares Decline of the Retail Store ETF | -14.00% | 3.01M | Nov 2017 | ELIS vs EMTY | |
| ProShares Short FTSE China 50 | -14.21% | 4.57M | Mar 2010 | ELIS vs YXI |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SOXL, SPXL, TMF and span 7 categories. AUM among these funds goes as high as $23B.
Often Compared With ELIS
Investors most often compare ELIS with TSLZ, CARD, TSDD. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare ELIS with Any Fund or Stock
Compare ELIS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ELIS with funds that move differently
Direxion Daily LLY Bear 1X Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ELIS.
Explore ELIS Diversifiers