Direxion Daily NFLX Bull 2X Shares (NFXL) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with NFXL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NFXL
NFXL charges 1.06% annually. There are 248 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 34.68M | Mar 2026 | NFXL vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.99M | Sep 2021 | NFXL vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 239.79M | May 2014 | NFXL vs SPUU | |
| Leverage Shares 2x Long NEM Daily ETF | 0.75% | 1.35M | Nov 2025 | NFXL vs NEMG | |
| Leverage Shares 2X Long CRM Daily ETF | 0.75% | 26.42M | Apr 2025 | NFXL vs CRMG |
Best Risk-Adjusted Alternatives to NFXL
NFXL has a PortfoliosLab risk / return rank of 1. There are 233 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long MU Daily ETF | 98 | 1.47B | Nov 2024 | NFXL vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.60M | Apr 2021 | NFXL vs XTAP | |
| GraniteShares 2x Long INTC Daily ETF | 98 | 785.62M | Feb 2025 | NFXL vs INTW | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 19.18M | Apr 2021 | NFXL vs QTAP | |
| Direxion Daily Semiconductor Bull 3X ETF | 96 | 28.01B | Mar 2010 | NFXL vs SOXL |
Top Performing NFXL Alternatives (YTD)
NFXL is at -46.29% YTD. There are 293 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 780.13%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long MU Daily ETF | 780.13% | 1.47B | Nov 2024 | NFXL vs MULL | |
| GraniteShares 2x Long DELL Daily ETF | 762.51% | 169.15M | Feb 2025 | NFXL vs DLLL | |
| GraniteShares 2x Long INTC Daily ETF | 750.22% | 785.62M | Feb 2025 | NFXL vs INTW | |
| Direxion Daily INTC Bull 2X Shares | 744.89% | 104.27M | Nov 2025 | NFXL vs LINT | |
| Leverage Shares 2X Long BE Daily ETF | 658.88% | 36.14M | Dec 2025 | NFXL vs BEG |
Lowest Volatility Alternatives to NFXL
NFXL has 67.58% 1-year volatility. There are 179 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.83%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.83% | 22.60M | Apr 2021 | NFXL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.12% | 19.18M | Apr 2021 | NFXL vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.35% | 13.35M | Jul 2021 | NFXL vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 9.88% | 22.17M | Jul 2021 | NFXL vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.50% | 68.78M | Apr 2021 | NFXL vs XDSQ |
Lowest Drawdown Alternatives to NFXL
NFXL has a 1-year max drawdown of -76.44%. There are 206 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.60M | Apr 2021 | NFXL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 19.18M | Apr 2021 | NFXL vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.35M | Jul 2021 | NFXL vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 22.17M | Jul 2021 | NFXL vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.78M | Apr 2021 | NFXL vs XDSQ |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SPXL, TECL, TMF and span 9 categories. AUM among these funds goes as high as $7B.
Often Compared With NFXL
Investors most often compare NFXL with NFLX, NFLU, XDQQ. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare NFXL with Any Fund or Stock
Compare NFXL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NFXL with funds that move differently
Direxion Daily NFLX Bull 2X Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NFXL.
Explore NFXL Diversifiers