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 7 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% | 230.47M | Jun 2016 | FLYD vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 35.32M | Mar 2024 | FLYD vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 2.94M | Nov 2017 | FLYD vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 46.76M | Nov 2021 | FLYD vs SARK | |
| Tuttle Capital Daily 2X Inverse Regional Banks ETF | 0.75% | 7.22M | Jan 2024 | FLYD vs SKRE |
Best Risk-Adjusted Alternatives to FLYD
FLYD has a PortfoliosLab risk / return rank of 3. There are 32 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 48.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 48 | 4.71M | Oct 2024 | FLYD vs NFXS | |
| T-REX 2X Inverse MSTR Daily Target ETF | 45 | 97.46M | Sep 2024 | FLYD vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 40 | 28.39M | Aug 2024 | FLYD vs SMST | |
| YieldMax Short COIN Option Income Strategy ETF | 32 | 36.86M | Jul 2024 | FLYD vs FIAT | |
| -1x Short VIX Futures ETF | 30 | 195.06M | Mar 2022 | FLYD vs SVIX |
Top Performing FLYD Alternatives (YTD)
FLYD is at -35.79% YTD. There are 46 ETFs in the Inverse Equities category with higher YTD returns, going as high as 34.36%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Tradr 2X Short TSLA Daily ETF | 34.36% | 110.91M | Jul 2022 | FLYD vs TSLQ | |
| GraniteShares 2x Short TSLA Daily ETF | 32.99% | 33.39M | Aug 2023 | FLYD vs TSDD | |
| T-Rex 2X Inverse Tesla Daily Target ETF | 30.55% | 34.80M | Oct 2023 | FLYD vs TSLZ | |
| Direxion Daily TSLA Bear 1X ETF | 26.49% | 81.35M | Aug 2022 | FLYD vs TSLS | |
| Direxion Daily NFLX Bear 1X Shares | 21.94% | 4.71M | Oct 2024 | FLYD vs NFXS |
Lowest Volatility Alternatives to FLYD
FLYD has 76.85% 1-year volatility. There are 55 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.23%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | 12.23% | 2.34M | Dec 2024 | FLYD vs BRKD | |
| ProShares Short Dow30 | 12.66% | 100.13M | Jun 2006 | FLYD vs DOG | |
| ProShares Short S&P500 | 12.87% | 927.71M | Jun 2006 | FLYD vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 13.04% | 230.47M | Jun 2016 | FLYD vs SPDN | |
| Gotham Short Strategies ETF | 14.18% | 12.30M | Jul 2017 | FLYD vs SHRT |
Lowest Drawdown Alternatives to FLYD
FLYD has a 1-year max drawdown of -57.09%. There are 43 ETFs in the Inverse Equities category with shallower 1-year drawdowns, going as shallow as -8.85%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | -8.85% | 2.34M | Dec 2024 | FLYD vs BRKD | |
| ProShares Short FTSE China 50 | -13.55% | 4.55M | Mar 2010 | FLYD vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 2.94M | Nov 2017 | FLYD vs EMTY | |
| ProShares Short Dow30 | -15.77% | 100.13M | Jun 2006 | FLYD vs DOG | |
| ProShares Short Financials | -16.39% | 13.16M | Jun 2008 | FLYD vs SEF |
Other ETFs from REX
The 10 most viewed REX ETFs shown here include FEPI, AIPI, NVDX and span 6 categories. AUM among these funds goes as high as $651M.
Often Compared With FLYD
Investors most often compare FLYD with MUD, VYMI, AMZD. These 20 comparison targets span 7 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