Direxion Daily Energy Bear 2X Shares (ERY) 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 ERY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ERY
ERY charges 1.07% annually. There are 261 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 | ERY vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 49.31M | Sep 2021 | ERY vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 257.66M | May 2014 | ERY vs SPUU | |
| Leverage Shares 2X Long OPEN Daily ETF | 0.75% | 1.62M | Dec 2025 | ERY vs OPEG | |
| Leverage Shares 2X Long PLUG Daily ETF | 0.75% | — | Jan 2026 | ERY vs PLUL |
Best Risk-Adjusted Alternatives to ERY
ERY has a PortfoliosLab risk / return rank of 1. There are 261 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | 6.16B | Oct 2024 | ERY vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 923.53M | Nov 2024 | ERY vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.82M | Apr 2021 | ERY vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.50M | Apr 2021 | ERY vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 96 | 509.42M | Feb 2025 | ERY vs INTW |
Top Performing ERY Alternatives (YTD)
ERY is at -43.69% YTD. There are 275 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 607.90%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 607.90% | 162.40M | Feb 2025 | ERY vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 443.78% | 6.16B | Oct 2024 | ERY vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 429.60% | 923.53M | Nov 2024 | ERY vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 316.69% | 101.49M | Nov 2025 | ERY vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 314.74% | 509.42M | Feb 2025 | ERY vs INTW |
Lowest Volatility Alternatives to ERY
ERY has 41.84% 1-year volatility. There are 88 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.79%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.79% | 22.82M | Apr 2021 | ERY vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.27% | 20.50M | Apr 2021 | ERY vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.43% | 13.45M | Jul 2021 | ERY vs XTJL | |
| Innovator US Equity Accelerated ETF | 10.57% | 69.49M | Apr 2021 | ERY vs XDSQ | |
| Innovator Growth Accelerated Plus ETF - July | 10.68% | 20.95M | Jul 2021 | ERY vs QTJL |
Lowest Drawdown Alternatives to ERY
ERY has a 1-year max drawdown of -56.88%. There are 166 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 | ERY vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 20.50M | Apr 2021 | ERY vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.45M | Jul 2021 | ERY vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 20.95M | Jul 2021 | ERY vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.49M | Apr 2021 | ERY 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 ERY
Investors most often compare ERY with ERX, DRIP, DUG. These 19 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare ERY with Any Fund or Stock
Compare ERY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ERY with funds that move differently
Direxion Daily Energy Bear 2X Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ERY.
Explore ERY Diversifiers