Direxion Daily NFLX Bear 1X Shares (NFXS) 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 NFXS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NFXS
NFXS charges 1.03% annually. There are 40 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% | 213.79M | Jun 2016 | NFXS vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 27.70M | Mar 2024 | NFXS vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.01M | Nov 2017 | NFXS vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 56.18M | Nov 2021 | NFXS vs SARK | |
| ProShares Short S&P500 | 0.90% | 981.01M | Jun 2006 | NFXS vs SH |
Best Risk-Adjusted Alternatives to NFXS
NFXS has a PortfoliosLab risk / return rank of 31. No ETFs in the Inverse Equities category have higher risk-adjusted ranks; the top alternatives shown here go as high as 28.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Volatility Shares -1x Short VIX Futures ETF | 28 | 215.09M | Mar 2022 | NFXS vs SVIX | |
| T-REX 2X Inverse MSTR Daily Target ETF | 21 | 118.12M | Sep 2024 | NFXS vs MSTZ | |
| Direxion Daily BRKB Bear 1X Shares | 20 | 2.34M | Dec 2024 | NFXS vs BRKD | |
| Defiance Daily Target 2X Short MSTR ETF | 18 | 30.99M | Aug 2024 | NFXS vs SMST | |
| Direxion Daily META Bear 1X ETF | 11 | 7.88M | Jun 2024 | NFXS vs METD |
Top Performing NFXS Alternatives (YTD)
NFXS is at 8.89% YTD. There is 1 ETF in the Inverse Equities category with a higher YTD return, going as high as 9.13%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Short COIN Option Income Strategy ETF | 9.13% | 35.89M | Jul 2024 | NFXS vs FIAT | |
| ProShares Short Financials | 7.71% | 15.40M | Jun 2008 | NFXS vs SEF | |
| Direxion Daily MSFT Bear 1X Shares | 6.94% | 13.89M | Sep 2022 | NFXS vs MSFD | |
| Direxion Daily PLTR Bear 1X Shares | 6.19% | 40.54M | Dec 2024 | NFXS vs PLTD | |
| ProShares Short FTSE China 50 | 6.15% | 4.57M | Mar 2010 | NFXS vs YXI |
Lowest Volatility Alternatives to NFXS
NFXS has 33.08% 1-year volatility. There are 27 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| -1x Short VIX Mid-Term Futures Strategy ETF | 0.00% | 12.30M | Apr 2023 | NFXS vs ZIVB | |
| ProShares Short S&P500 | 11.78% | 981.01M | Jun 2006 | NFXS vs SH | |
| ProShares Short Dow30 | 12.07% | 108.72M | Jun 2006 | NFXS vs DOG | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.09% | 213.79M | Jun 2016 | NFXS vs SPDN | |
| YieldMax Short N100 Option Income Strategy ETF | 12.52% | 13.26M | Aug 2024 | NFXS vs YQQQ |
Lowest Drawdown Alternatives to NFXS
NFXS has a 1-year max drawdown of -31.31%. There are 20 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 | NFXS vs BRKD | |
| ProShares Short Financials | -9.72% | 15.40M | Jun 2008 | NFXS vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 63.43M | Jan 2011 | NFXS vs HDGE | |
| ProShares Decline of the Retail Store ETF | -14.00% | 3.01M | Nov 2017 | NFXS vs EMTY | |
| ProShares Short Dow30 | -14.63% | 108.72M | Jun 2006 | NFXS vs DOG |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SOXL, SPXL, TMF and span 6 categories. AUM among these funds goes as high as $23B.
Often Compared With NFXS
Investors most often compare NFXS with CPNQ, TSLZ, TSLQ. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare NFXS with Any Fund or Stock
Compare NFXS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NFXS with funds that move differently
Direxion Daily NFLX Bear 1X Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NFXS.
Explore NFXS Diversifiers