MAX Airlines -3X Inverse Leveraged ETN (JETD) 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 JETD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to JETD
JETD 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 | JETD vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 35.32M | Mar 2024 | JETD vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 2.94M | Nov 2017 | JETD vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 46.76M | Nov 2021 | JETD vs SARK | |
| Tuttle Capital Daily 2X Inverse Regional Banks ETF | 0.75% | 7.22M | Jan 2024 | JETD vs SKRE |
Best Risk-Adjusted Alternatives to JETD
JETD has a PortfoliosLab risk / return rank of 1. There are 52 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 61.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | 61 | 97.46M | Sep 2024 | JETD vs MSTZ | |
| Direxion Daily NFLX Bear 1X Shares | 58 | 4.71M | Oct 2024 | JETD vs NFXS | |
| Defiance Daily Target 2X Short MSTR ETF | 52 | 28.39M | Aug 2024 | JETD vs SMST | |
| YieldMax Short COIN Option Income Strategy ETF | 45 | 36.86M | Jul 2024 | JETD vs FIAT | |
| Direxion Daily META Bear 1X ETF | 32 | 11.16M | Jun 2024 | JETD vs METD |
Top Performing JETD Alternatives (YTD)
JETD is at -50.10% YTD. There are 63 ETFs in the Inverse Equities category with higher YTD returns, going as high as 49.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Tradr 2X Short TSLA Daily ETF | 49.23% | 110.91M | Jul 2022 | JETD vs TSLQ | |
| GraniteShares 2x Short TSLA Daily ETF | 47.87% | 33.39M | Aug 2023 | JETD vs TSDD | |
| T-Rex 2X Inverse Tesla Daily Target ETF | 45.39% | 34.80M | Oct 2023 | JETD vs TSLZ | |
| Direxion Daily TSLA Bear 1X ETF | 33.30% | 81.35M | Aug 2022 | JETD vs TSLS | |
| Direxion Daily PLTR Bear 1X Shares | 26.78% | 40.54M | Dec 2024 | JETD vs PLTD |
Lowest Volatility Alternatives to JETD
JETD has 75.40% 1-year volatility. There are 54 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.25%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | 12.25% | 2.34M | Dec 2024 | JETD vs BRKD | |
| ProShares Short Dow30 | 12.59% | 100.13M | Jun 2006 | JETD vs DOG | |
| ProShares Short S&P500 | 12.81% | 927.71M | Jun 2006 | JETD vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.98% | 230.47M | Jun 2016 | JETD vs SPDN | |
| Gotham Short Strategies ETF | 14.17% | 12.30M | Jul 2017 | JETD vs SHRT |
Lowest Drawdown Alternatives to JETD
JETD has a 1-year max drawdown of -75.34%. There are 55 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 | JETD vs BRKD | |
| ProShares Short FTSE China 50 | -13.55% | 4.55M | Mar 2010 | JETD vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 2.94M | Nov 2017 | JETD vs EMTY | |
| ProShares Short Dow30 | -15.02% | 100.13M | Jun 2006 | JETD vs DOG | |
| Direxion Daily S&P 500 Bear 1x Shares | -15.93% | 230.47M | Jun 2016 | JETD vs SPDN |
Other ETFs from Max
The 4 most viewed Max ETFs shown here include XXXX, CARD, JETU and span 3 categories. AUM among these funds goes as high as $149M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MAX S&P 500 4X Leveraged ETN | Leveraged Equities, S&P 500 | 34 | 17.80% | 148.89M | Dec 2023 | JETD vs XXXX | |
| Max Auto Industry -3X Inverse Leveraged ETN | Inverse Equities | 5 | -8.92% | 1.56M | Jun 2023 | JETD vs CARD | |
| MAX Airlines 3X Leveraged ETN | Leveraged Equities | 40 | 22.36% | 4.98M | Jun 2023 | JETD vs JETU | |
| Max Auto Industry 3X Leveraged ETN | Leveraged Equities | 8 | -27.45% | 5.06M | Jun 2023 | JETD vs CARU |
Often Compared With JETD
Investors most often compare JETD with SPY, FEX, FTXR. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare JETD with Any Fund or Stock
Compare JETD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair JETD with funds that move differently
MAX Airlines -3X Inverse Leveraged ETN alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JETD.
Explore JETD Diversifiers