Proshares S&P Global Core Battery Metals ETF (ION) Alternatives
Proshares S&P Global Core Battery Metals ETF (ION) belongs to the Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ION. 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 ION
ION charges 0.58% annually. Among ETFs in the Energy Equities category, these options have the lowest expense ratios among ION alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Fidelity MSCI Energy Index ETF | 0.08% | Oct 21, 2013 | ION vs FENY | |
| State Street Energy Select Sector SPDR ETF | 0.08% | Dec 16, 1998 | ION vs XLE | |
| Vanguard Energy ETF | 0.10% | Sep 23, 2004 | ION vs VDE | |
| Invesco S&P SmallCap Energy ETF | 0.29% | Apr 7, 2010 | ION vs PSCE | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 0.35% | Jun 19, 2006 | ION vs XES |
Best Risk-Adjusted Alternatives to ION
Among ETFs in the Energy 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 | |
|---|---|---|---|---|
| VanEck Oil Refiners ETF | 98 | Aug 18, 2015 | ION vs CRAK | |
| Tema Electrification ETF | 97 | Dec 3, 2024 | ION vs VOLT | |
| TrueShares Eagle Global Renewable Energy Income ET... | 97 | Dec 7, 2022 | ION vs RNWZ | |
| American Beacon GLG Natural Resources ETF | 96 | Feb 5, 2024 | ION vs MGNR | |
| Sprott Energy Transition Materials ETF | 96 | Feb 1, 2023 | ION vs SETM |
Top Performing ION Alternatives (YTD)
ION alternatives from the Energy Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Texas Capital Texas Oil Index ETF | 44.81% | Dec 20, 2023 | ION vs OILT | |
| SPDR S&P Oil & Gas Exploration & Production ETF | 44.59% | Jun 19, 2006 | ION vs XOP | |
| Invesco S&P SmallCap Energy ETF | 42.67% | Apr 7, 2010 | ION vs PSCE | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 42.33% | Jun 19, 2006 | ION vs XES | |
| Invesco Dynamic Oil & Gas Services ETF | 41.95% | Oct 26, 2005 | ION vs PXJ |
Lowest Volatility Alternatives to ION
ION alternatives from the Energy Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Neos MLP & Energy Infrastructure High Income ETF | 11.12% | Dec 17, 2025 | ION vs MLPI | |
| State Street Energy Select Sector SPDR Premium Inc... | 11.43% | Jul 29, 2025 | ION vs XLEI | |
| Macquarie Global Listed Infrastructure ETF | 12.65% | Nov 28, 2023 | ION vs BILD | |
| Tortoise Energy Fund | 13.98% | Jun 16, 2025 | ION vs TNGY | |
| Bny Mellon Global Infrastructure Income ETF | 14.67% | Nov 2, 2022 | ION vs BKGI |
Lowest Drawdown Alternatives to ION
ION alternatives from the Energy Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Macquarie Global Listed Infrastructure ETF | -8.09% | Nov 28, 2023 | ION vs BILD | |
| ClearBridge Sustainable Infrastructure ETF | -8.93% | Dec 14, 2022 | ION vs INFR | |
| TrueShares Eagle Global Renewable Energy Income ET... | -9.98% | Dec 7, 2022 | ION vs RNWZ | |
| Tema Electrification ETF | -10.00% | Dec 3, 2024 | ION vs VOLT | |
| Bny Mellon Global Infrastructure Income ETF | -10.35% | Nov 2, 2022 | ION vs BKGI |
Other ETFs from ProShares
Most popular ProShares ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities, Leveraged | 50 | -20.81% | Feb 9, 2010 | ION vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency, Actively Managed | 5 | -23.25% | Oct 19, 2021 | ION vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities, Leveraged | 57 | -13.35% | Jun 21, 2006 | ION vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 45 | -16.03% | Jun 23, 2009 | ION vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 51 | -10.23% | Jun 19, 2006 | ION vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | S&P 500, Dividend | 27 | 2.36% | Oct 9, 2013 | ION vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 90 | -8.58% | Jan 30, 2007 | ION vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Leveraged | 2 | 18.46% | Feb 9, 2010 | ION vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Leveraged, Volatility | 5 | 45.56% | Oct 3, 2011 | ION vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 3 | -47.12% | Apr 1, 2024 | ION vs BITU |
Often Compared With ION
What investors most often compare with ION, based on PortfoliosLab usage data.
Compare ION with Any Fund or Stock
Compare ION with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.