Direxion Daily LLY Bear 1X Shares (ELIS) Alternatives
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 funds that fit a different role in your portfolio.
Cheapest Alternatives to ELIS
ELIS charges 0.97% annually. Among ETFs in the Inverse Equities category, these options have the lowest expense ratios among ELIS alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1x Shares | 0.50% | Jun 8, 2016 | ELIS vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | Mar 6, 2024 | ELIS vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | Nov 14, 2017 | ELIS vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | Nov 5, 2021 | ELIS vs SARK | |
| ProShares Short S&P500 | 0.90% | Jun 19, 2006 | ELIS vs SH |
Best Risk-Adjusted Alternatives to ELIS
Among ETFs in the Inverse 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 | |
|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | 20 | Sep 17, 2024 | ELIS vs MSTZ | |
| AdvisorShares Ranger Equity Bear ETF | 17 | Jan 26, 2011 | ELIS vs HDGE | |
| ProShares Short Financials | 15 | Jun 12, 2008 | ELIS vs SEF | |
| Direxion Daily MSFT Bear 1X Shares | 12 | Sep 6, 2022 | ELIS vs MSFD | |
| ProShares Short FTSE China 50 | 10 | Mar 16, 2010 | ELIS vs YXI |
Top Performing ELIS Alternatives (YTD)
ELIS alternatives from the Inverse Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| AXS TSLA Bear Daily ETF | 35.41% | Jul 13, 2022 | ELIS vs TSLQ | |
| GraniteShares 2x Short TSLA Daily ETF | 35.06% | Aug 21, 2023 | ELIS vs TSDD | |
| T-Rex 2X Inverse Tesla Daily Target ETF | 33.84% | Oct 18, 2023 | ELIS vs TSLZ | |
| MicroSectors Travel -3X Inverse Leveraged ETNs | 31.58% | Jun 22, 2022 | ELIS vs FLYD | |
| Direxion Daily MSFT Bear 1X Shares | 28.73% | Sep 6, 2022 | ELIS vs MSFD |
Lowest Volatility Alternatives to ELIS
ELIS alternatives from the Inverse Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Gotham Short Strategies ETF | 14.59% | Jul 31, 2017 | ELIS vs SHRT | |
| ProShares Short Dow30 | 16.82% | Jun 19, 2006 | ELIS vs DOG | |
| YieldMax Short N100 Option Income Strategy ETF | 17.29% | Aug 14, 2024 | ELIS vs YQQQ | |
| ProShares Short S&P500 | 18.17% | Jun 19, 2006 | ELIS vs SH | |
| ProShares Short MSCI EAFE | 18.50% | Oct 23, 2007 | ELIS vs EFZ |
Lowest Drawdown Alternatives to ELIS
ELIS alternatives from the Inverse Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Gotham Short Strategies ETF | -17.65% | Jul 31, 2017 | ELIS vs SHRT | |
| AdvisorShares Ranger Equity Bear ETF | -19.63% | Jan 26, 2011 | ELIS vs HDGE | |
| ProShares Short Financials | -20.21% | Jun 12, 2008 | ELIS vs SEF | |
| ProShares Short Dow30 | -22.70% | Jun 19, 2006 | ELIS vs DOG | |
| -1x Short VIX Mid-Term Futures Strategy ETF | -22.85% | Apr 17, 2023 | ELIS vs ZIVB |
Other ETFs from Direxion
Most popular Direxion ETFs on PortfoliosLab, across asset classes.
Often Compared With ELIS
What investors most often compare with ELIS, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| iShares Healthcare Innovation UCITS ETF USD (Acc) | Health & Biotech Equities | 49 | -5.02% | Sep 8, 2016 | ELIS vs HEAL.L | |
| Max Auto Industry -3X Inverse Leveraged ETN | Inverse Equities, Leveraged | 3 | 27.01% | Jun 27, 2023 | ELIS vs CARD |
Compare ELIS with Any Fund or Stock
Compare ELIS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.