ProShares Short S&P Mid Cap400 (MYY) 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 MYY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MYY
MYY 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% | 233.44M | Jun 2016 | MYY vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 34.08M | Mar 2024 | MYY vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.01M | Nov 2017 | MYY vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 41.67M | Nov 2021 | MYY vs SARK | |
| Tuttle Capital Daily 2X Inverse Regional Banks ETF | 0.75% | 7.22M | Jan 2024 | MYY vs SKRE |
Best Risk-Adjusted Alternatives to MYY
MYY has a PortfoliosLab risk / return rank of 3. There are 34 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 68.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | 68 | 96.16M | Sep 2024 | MYY vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 60 | 30.06M | Aug 2024 | MYY vs SMST | |
| Direxion Daily NFLX Bear 1X Shares | 59 | 5.10M | Oct 2024 | MYY vs NFXS | |
| YieldMax Short COIN Option Income Strategy ETF | 37 | 35.08M | Jul 2024 | MYY vs FIAT | |
| Direxion Daily MSFT Bear 1X Shares | 32 | 11.03M | Sep 2022 | MYY vs MSFD |
Top Performing MYY Alternatives (YTD)
MYY is at -11.03% YTD. There are 32 ETFs in the Inverse Equities category with higher YTD returns, going as high as 25.50%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily ORCL Bear 1X ETF | 25.50% | 11.74M | Nov 2025 | MYY vs ORCS | |
| Direxion Daily NFLX Bear 1X Shares | 22.10% | 5.10M | Oct 2024 | MYY vs NFXS | |
| Direxion Daily PLTR Bear 1X Shares | 21.25% | 40.54M | Dec 2024 | MYY vs PLTD | |
| Direxion Daily MSFT Bear 1X Shares | 19.79% | 11.03M | Sep 2022 | MYY vs MSFD | |
| ProShares Short FTSE China 50 | 14.77% | 4.73M | Mar 2010 | MYY vs YXI |
Lowest Volatility Alternatives to MYY
MYY has 15.83% 1-year volatility. There are 7 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.36%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Short Dow30 | 12.36% | 98.54M | Jun 2006 | MYY vs DOG | |
| ProShares Short S&P500 | 12.51% | 869.15M | Jun 2006 | MYY vs SH | |
| Direxion Daily BRKB Bear 1X Shares | 12.51% | 2.34M | Dec 2024 | MYY vs BRKD | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.73% | 233.44M | Jun 2016 | MYY vs SPDN | |
| YieldMax Short N100 Option Income Strategy ETF | 13.92% | 14.88M | Aug 2024 | MYY vs YQQQ |
Lowest Drawdown Alternatives to MYY
MYY has a 1-year max drawdown of -18.25%. There are 9 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 | MYY vs BRKD | |
| ProShares Short FTSE China 50 | -11.39% | 4.73M | Mar 2010 | MYY vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 3.01M | Nov 2017 | MYY vs EMTY | |
| ProShares Short Financials | -14.12% | 13.41M | Jun 2008 | MYY vs SEF | |
| ProShares Short Dow30 | -15.02% | 98.54M | Jun 2006 | MYY vs DOG |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, QLD, BITO and span 10 categories. AUM among these funds goes as high as $37B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 48 | 38.33% | 37.04B | Feb 2010 | MYY vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities | 50 | 28.12% | 14.15B | Jun 2006 | MYY vs QLD | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 1 | -30.09% | 1.45B | Oct 2021 | MYY vs BITO | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 52 | 23.85% | 5.47B | Jun 2009 | MYY vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 54 | 17.32% | 8.13B | Jun 2006 | MYY vs SSO | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 70 | 70.32% | 2.97B | Jan 2007 | MYY vs USD | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 37 | 10.60% | 11.63B | Oct 2013 | MYY vs NOBL | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 1 | -40.27% | 2.09B | Feb 2010 | MYY vs SQQQ | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 54 | 13.67% | 410.75M | Mar 2024 | MYY vs IQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 2 | -32.31% | 216.19M | Oct 2011 | MYY vs UVXY |
Often Compared With MYY
Investors most often compare MYY with MDYG, CARD, FLYD. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare MYY with Any Fund or Stock
Compare MYY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MYY with funds that move differently
ProShares Short S&P Mid Cap400 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MYY.
Explore MYY Diversifiers