Direxion Daily Financial Bear 3X Shares (FAZ) Alternatives
Direxion Daily Financial Bear 3X Shares (FAZ) 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 FAZ. 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 FAZ
FAZ charges 1.07% annually. Among ETFs in the Leveraged Equities category, these options have the lowest expense ratios among FAZ alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | Sep 14, 2021 | FAZ vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | May 28, 2014 | FAZ vs SPUU | |
| Leverage Shares 2X Long NVDA Daily ETF | 0.75% | Dec 12, 2024 | FAZ vs NVDG | |
| Leverage Shares 2X Long AMD Daily ETF | 0.75% | Jan 24, 2025 | FAZ vs AMDG | |
| Leverage Shares 2X Long TSLA Daily ETF | 0.75% | Dec 12, 2024 | FAZ vs TSLG |
Best Risk-Adjusted Alternatives to FAZ
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 South Korea Bull 3X Shares | 98 | Apr 10, 2013 | FAZ vs KORU | |
| Direxion Daily MU Bull 2X Shares | 98 | Oct 9, 2024 | FAZ vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | Nov 11, 2024 | FAZ vs MULL | |
| Direxion Daily GOOGL Bull 2X Shares | 96 | Sep 6, 2022 | FAZ vs GGLL | |
| Direxion Daily TSM Bull 2X Shares | 96 | Oct 3, 2024 | FAZ vs TSMX |
Top Performing FAZ Alternatives (YTD)
FAZ 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 | 168.34% | Apr 9, 2019 | FAZ vs NRGU | |
| MicroSectors Energy 3X Leveraged ETN | 141.86% | Feb 16, 2023 | FAZ vs WTIU | |
| Leverage Shares 2X Long TER Daily ETF | 102.79% | Nov 17, 2025 | FAZ vs TERG | |
| Direxion Daily S&P Oil & Gas Exploration & Product... | 102.61% | Apr 1, 2020 | FAZ vs GUSH | |
| ProShares Ultra Oil & Gas | 85.56% | Jan 30, 2007 | FAZ vs DIG |
Lowest Volatility Alternatives to FAZ
FAZ 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 | 14.33% | Apr 1, 2021 | FAZ vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 16.31% | Apr 1, 2021 | FAZ vs QTAP | |
| Roundhill BRKB WeeklyPay ETF | 17.95% | Jun 17, 2025 | FAZ vs BRKW | |
| Innovator US Equity Accelerated ETF | 17.99% | Apr 1, 2021 | FAZ vs XDSQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 18.18% | Jul 1, 2021 | FAZ vs XTJL |
Lowest Drawdown Alternatives to FAZ
FAZ 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 | FAZ vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -12.04% | Apr 1, 2021 | FAZ vs QTAP | |
| Innovator US Equity Accelerated ETF | -12.18% | Apr 1, 2021 | FAZ vs XDSQ | |
| Innovator Growth Accelerated ETF - Quarterly | -12.64% | Apr 1, 2021 | FAZ vs XDQQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -13.81% | Jul 1, 2021 | FAZ vs XTJL |
Other ETFs from Direxion
Most popular Direxion ETFs on PortfoliosLab, across asset classes.
Often Compared With FAZ
What investors most often compare with FAZ, based on PortfoliosLab usage data.
Compare FAZ with Any Fund or Stock
Compare FAZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.