GraniteShares 2x Short MSTR Daily ETF (MSDD) 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 MSDD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MSDD
MSDD charges 1.50% annually. There are 77 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 | MSDD vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 32.11M | Mar 2024 | MSDD vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.03M | Nov 2017 | MSDD vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 47.36M | Nov 2021 | MSDD vs SARK | |
| ProShares Short S&P500 | 0.89% | 1.09B | Jun 2006 | MSDD vs SH |
Best Risk-Adjusted Alternatives to MSDD
MSDD has a PortfoliosLab risk / return rank of 23. There are 5 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 | 4.56M | Oct 2024 | MSDD vs NFXS | |
| -1x Short VIX Futures ETF | 34 | 215.09M | Mar 2022 | MSDD vs SVIX | |
| Direxion Daily MSFT Bear 1X Shares | 30 | 8.89M | Sep 2022 | MSDD vs MSFD | |
| T-REX 2X Inverse MSTR Daily Target ETF | 30 | 92.68M | Sep 2024 | MSDD vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 27 | 33.15M | Aug 2024 | MSDD vs SMST |
Top Performing MSDD Alternatives (YTD)
MSDD is at -48.72% YTD. There are 59 ETFs in the Inverse Equities category with higher YTD returns, going as high as 42.40%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Defiance Daily Target 2X Short PLTR ETF | 42.40% | 16.93M | Jun 2025 | MSDD vs PLTZ | |
| Direxion Daily PLTR Bear 1X Shares | 33.88% | 40.54M | Dec 2024 | MSDD vs PLTD | |
| Direxion Daily MSFT Bear 1X Shares | 28.14% | 8.89M | Sep 2022 | MSDD vs MSFD | |
| Direxion Daily NFLX Bear 1X Shares | 24.10% | 4.56M | Oct 2024 | MSDD vs NFXS | |
| ProShares Short FTSE China 50 | 14.28% | 4.77M | Mar 2010 | MSDD vs YXI |
Lowest Volatility Alternatives to MSDD
MSDD has 141.22% 1-year volatility. There are 65 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.40%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Short S&P500 | 12.40% | 1.09B | Jun 2006 | MSDD vs SH | |
| ProShares Short Dow30 | 12.47% | 112.04M | Jun 2006 | MSDD vs DOG | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.59% | 221.57M | Jun 2016 | MSDD vs SPDN | |
| Direxion Daily BRKB Bear 1X Shares | 13.04% | 2.34M | Dec 2024 | MSDD vs BRKD | |
| Gotham Short Strategies ETF | 13.47% | 12.30M | Jul 2017 | MSDD vs SHRT |
Lowest Drawdown Alternatives to MSDD
MSDD has a 1-year max drawdown of -84.91%. There are 56 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 | MSDD vs BRKD | |
| ProShares Short Financials | -11.14% | 14.07M | Jun 2008 | MSDD vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 67.03M | Jan 2011 | MSDD vs HDGE | |
| ProShares Short FTSE China 50 | -13.05% | 4.77M | Mar 2010 | MSDD vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 3.03M | Nov 2017 | MSDD vs EMTY |
Other ETFs from GraniteShares
The 10 most viewed GraniteShares ETFs shown here include NVDL, TSYY, BAR and span 8 categories. AUM among these funds goes as high as $4B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| GraniteShares 2x Long NVDA Daily ETF | Leveraged Equities, Technology Equities | 30 | 11.59% | 4.49B | Dec 2022 | MSDD vs NVDL | |
| GraniteShares YieldBOOST TSLA ETF | Derivative Income, Options Trading, Actively Managed | 6 | -15.07% | 81.38M | Dec 2024 | MSDD vs TSYY | |
| GraniteShares Gold Trust | Gold, Precious Metals | 24 | -2.94% | 1.43B | Aug 2017 | MSDD vs BAR | |
| GraniteShares 2x Long PLTR Daily ETF | Leveraged Equities | 5 | -62.70% | 344.79M | Sep 2024 | MSDD vs PTIR | |
| GraniteShares 2x Long AMD Daily ETF | Leveraged Equities | 95 | 386.95% | 1.50B | Mar 2024 | MSDD vs AMDL | |
| GraniteShares Platinum Trust | Precious Metals | 19 | -18.40% | 184.20M | Jan 2018 | MSDD vs PLTM | |
| GraniteShares 2x Short TSLA Daily ETF | Inverse Equities | 3 | 1.03% | 32.86M | Aug 2023 | MSDD vs TSDD | |
| GraniteShares 2x Short NVDA Daily ETF | Inverse Equities | 1 | -32.59% | 47.74M | Aug 2023 | MSDD vs NVD | |
| GraniteShares 2x Long META Daily ETF | Leveraged Equities | 3 | -35.19% | 204.67M | Dec 2022 | MSDD vs FBL | |
| GraniteShares 2x Long TSLA Daily ETF | Leveraged Equities | 13 | -28.33% | 104.19M | Aug 2023 | MSDD vs TSLR |
Often Compared With MSDD
Investors most often compare MSDD with JANM, FTC, KDEC. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare MSDD with Any Fund or Stock
Compare MSDD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MSDD with funds that move differently
GraniteShares 2x Short MSTR Daily ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MSDD.
Explore MSDD Diversifiers