Direxion Daily MSFT Bear 1X Shares (MSFD) 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 MSFD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MSFD
MSFD charges 1.06% annually. There are 45 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 | MSFD vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 32.11M | Mar 2024 | MSFD vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.03M | Nov 2017 | MSFD vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 47.36M | Nov 2021 | MSFD vs SARK | |
| ProShares Short S&P500 | 0.89% | 1.09B | Jun 2006 | MSFD vs SH |
Best Risk-Adjusted Alternatives to MSFD
MSFD has a PortfoliosLab risk / return rank of 29. There are 3 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 55.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 55 | 4.56M | Oct 2024 | MSFD vs NFXS | |
| T-REX 2X Inverse MSTR Daily Target ETF | 34 | 92.68M | Sep 2024 | MSFD vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 30 | 33.15M | Aug 2024 | MSFD vs SMST | |
| -1x Short VIX Futures ETF | 29 | 215.09M | Mar 2022 | MSFD vs SVIX | |
| GraniteShares 2x Short MSTR Daily ETF | 24 | 1.91M | Jun 2025 | MSFD vs MSDD |
Top Performing MSFD Alternatives (YTD)
MSFD is at 24.19% YTD. There are 3 ETFs in the Inverse Equities category with higher YTD returns, going as high as 48.68%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Defiance Daily Target 2X Short PLTR ETF | 48.68% | 16.93M | Jun 2025 | MSFD vs PLTZ | |
| Direxion Daily PLTR Bear 1X Shares | 36.18% | 40.54M | Dec 2024 | MSFD vs PLTD | |
| Direxion Daily NFLX Bear 1X Shares | 24.21% | 4.56M | Oct 2024 | MSFD vs NFXS | |
| ProShares Short FTSE China 50 | 16.30% | 4.77M | Mar 2010 | MSFD vs YXI | |
| YieldMax Short COIN Option Income Strategy ETF | 16.16% | 34.27M | Jul 2024 | MSFD vs FIAT |
Lowest Volatility Alternatives to MSFD
MSFD has 26.33% 1-year volatility. There are 21 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.45%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Short Dow30 | 12.45% | 112.04M | Jun 2006 | MSFD vs DOG | |
| ProShares Short S&P500 | 12.46% | 1.09B | Jun 2006 | MSFD vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.59% | 221.57M | Jun 2016 | MSFD vs SPDN | |
| Direxion Daily BRKB Bear 1X Shares | 13.02% | 2.34M | Dec 2024 | MSFD vs BRKD | |
| Gotham Short Strategies ETF | 13.44% | 12.30M | Jul 2017 | MSFD vs SHRT |
Lowest Drawdown Alternatives to MSFD
MSFD has a 1-year max drawdown of -23.25%. There are 14 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 | MSFD vs BRKD | |
| ProShares Short Financials | -11.14% | 14.07M | Jun 2008 | MSFD vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 67.03M | Jan 2011 | MSFD vs HDGE | |
| ProShares Short FTSE China 50 | -12.48% | 4.77M | Mar 2010 | MSFD vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 3.03M | Nov 2017 | MSFD vs EMTY |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SOXL, SPXL, TECL and span 8 categories. AUM among these funds goes as high as $28B.
Often Compared With MSFD
Investors most often compare MSFD with MSFT, MUD, AMZD. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare MSFD with Any Fund or Stock
Compare MSFD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MSFD with funds that move differently
Direxion Daily MSFT Bear 1X Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MSFD.
Explore MSFD Diversifiers