MicroSectors Travel -3X Inverse Leveraged ETNs (FLYD) 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 FLYD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FLYD
FLYD charges 0.95% annually. There are 6 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% | 221.57M | Jun 2016 | FLYD vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 32.11M | Mar 2024 | FLYD vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.03M | Nov 2017 | FLYD vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 47.36M | Nov 2021 | FLYD vs SARK | |
| ProShares Short S&P500 | 0.89% | 1.09B | Jun 2006 | FLYD vs SH |
Best Risk-Adjusted Alternatives to FLYD
FLYD has a PortfoliosLab risk / return rank of 2. There are 34 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 63.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 63 | 4.56M | Oct 2024 | FLYD vs NFXS | |
| T-REX 2X Inverse MSTR Daily Target ETF | 46 | 92.68M | Sep 2024 | FLYD vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 41 | 33.15M | Aug 2024 | FLYD vs SMST | |
| Direxion Daily MSFT Bear 1X Shares | 37 | 8.89M | Sep 2022 | FLYD vs MSFD | |
| -1x Short VIX Futures ETF | 27 | 215.09M | Mar 2022 | FLYD vs SVIX |
Top Performing FLYD Alternatives (YTD)
FLYD is at -32.89% YTD. There are 53 ETFs in the Inverse Equities category with higher YTD returns, going as high as 57.20%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Defiance Daily Target 2X Short PLTR ETF | 57.20% | 16.93M | Jun 2025 | FLYD vs PLTZ | |
| Direxion Daily PLTR Bear 1X Shares | 40.92% | 40.54M | Dec 2024 | FLYD vs PLTD | |
| Direxion Daily MSFT Bear 1X Shares | 28.64% | 8.89M | Sep 2022 | FLYD vs MSFD | |
| Direxion Daily NFLX Bear 1X Shares | 26.00% | 4.56M | Oct 2024 | FLYD vs NFXS | |
| YieldMax Short COIN Option Income Strategy ETF | 20.30% | 34.27M | Jul 2024 | FLYD vs FIAT |
Lowest Volatility Alternatives to FLYD
FLYD has 76.25% 1-year volatility. There are 55 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.39%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Short S&P500 | 12.39% | 1.09B | Jun 2006 | FLYD vs SH | |
| ProShares Short Dow30 | 12.46% | 112.04M | Jun 2006 | FLYD vs DOG | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.64% | 221.57M | Jun 2016 | FLYD vs SPDN | |
| Direxion Daily BRKB Bear 1X Shares | 12.99% | 2.34M | Dec 2024 | FLYD vs BRKD | |
| Gotham Short Strategies ETF | 13.44% | 12.30M | Jul 2017 | FLYD vs SHRT |
Lowest Drawdown Alternatives to FLYD
FLYD has a 1-year max drawdown of -56.92%. There are 41 ETFs in the Inverse Equities category with shallower 1-year drawdowns, going as shallow as -9.34%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | -9.34% | 2.34M | Dec 2024 | FLYD vs BRKD | |
| ProShares Short Financials | -11.14% | 14.07M | Jun 2008 | FLYD vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 67.03M | Jan 2011 | FLYD vs HDGE | |
| ProShares Short FTSE China 50 | -12.48% | 4.77M | Mar 2010 | FLYD vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 3.03M | Nov 2017 | FLYD vs EMTY |
Other ETFs from REX
The 10 most viewed REX ETFs shown here include FEPI, AIPI, NVDX and span 7 categories. AUM among these funds goes as high as $679M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| REX FANG & Innovation Equity Premium Income ETF | Derivative Income, Technology Equities | 30 | 2.47% | 679.01M | Oct 2023 | FLYD vs FEPI | |
| REX AI Equity Premium Income ETF | Derivative Income | 26 | 3.64% | 417.68M | Jun 2024 | FLYD vs AIPI | |
| T-REX 2X Long NVIDIA Daily Target ETF | Leveraged Equities | 15 | -4.38% | 497.67M | Oct 2023 | FLYD vs NVDX | |
| REX NVIDIA Growth & Income ETF | Derivative Income, Leveraged Equities, Options Trading | 32 | 5.18% | 101.80M | May 2025 | FLYD vs NVII | |
| REX Crypto Equity Premium Income ETF | Cryptocurrency | 27 | 18.87% | 112.87M | Dec 2024 | FLYD vs CEPI | |
| REX TSLA Growth & Income ETF | Leveraged Equities, Derivative Income | 14 | -17.36% | 40.67M | Jun 2025 | FLYD vs TSII | |
| REX Drone ETF | Aerospace & Defense | — | -1.62% | 109.01M | Oct 2025 | FLYD vs DRNZ | |
| MicroSectors Energy 3X Leveraged ETN | Leveraged Equities | 21 | 40.74% | 26.09M | Feb 2023 | FLYD vs WTIU | |
| T-REX 2X Long BMNR Daily Target ETF | Leveraged Equities | — | -84.33% | — | Sep 2025 | FLYD vs BMNU | |
| T-REX 2X Long Bitcoin Daily Target ETF | Leveraged Cryptocurrency | 1 | -61.71% | — | Jul 2024 | FLYD vs BTCL |
Often Compared With FLYD
Investors most often compare FLYD with VYMI, MUD, AMZD. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare FLYD with Any Fund or Stock
Compare FLYD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FLYD with funds that move differently
MicroSectors Travel -3X Inverse Leveraged ETNs alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FLYD.
Explore FLYD Diversifiers