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 48 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% | 230.47M | Jun 2016 | NFXS vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 35.32M | Mar 2024 | NFXS vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 2.94M | Nov 2017 | NFXS vs EMTY | |
| Tuttle Capital Daily 2X Inverse Regional Banks ETF | 0.75% | 7.22M | Jan 2024 | NFXS vs SKRE | |
| Tradr Short Innovation Daily ETF | 0.75% | 46.76M | Nov 2021 | NFXS vs SARK |
Best Risk-Adjusted Alternatives to NFXS
NFXS has a PortfoliosLab risk / return rank of 58. No ETFs in the Inverse Equities category have higher risk-adjusted ranks; the top alternatives shown here go as high as 46.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | 46 | 97.46M | Sep 2024 | NFXS vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 40 | 28.39M | Aug 2024 | NFXS vs SMST | |
| -1x Short VIX Futures ETF | 37 | 195.06M | Mar 2022 | NFXS vs SVIX | |
| YieldMax Short COIN Option Income Strategy ETF | 35 | 36.86M | Jul 2024 | NFXS vs FIAT | |
| GraniteShares 2x Short COIN Daily ETF | 25 | 11.77M | Sep 2024 | NFXS vs CONI |
Top Performing NFXS Alternatives (YTD)
NFXS is at 24.98% YTD. There are 5 ETFs in the Inverse Equities category with higher YTD returns, going as high as 38.93%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Tradr 2X Short TSLA Daily ETF | 38.93% | 110.91M | Jul 2022 | NFXS vs TSLQ | |
| GraniteShares 2x Short TSLA Daily ETF | 37.39% | 33.39M | Aug 2023 | NFXS vs TSDD | |
| T-Rex 2X Inverse Tesla Daily Target ETF | 35.10% | 34.80M | Oct 2023 | NFXS vs TSLZ | |
| Direxion Daily TSLA Bear 1X ETF | 28.69% | 81.35M | Aug 2022 | NFXS vs TSLS | |
| Direxion Daily PLTR Bear 1X Shares | 26.78% | 40.54M | Dec 2024 | NFXS vs PLTD |
Lowest Volatility Alternatives to NFXS
NFXS has 35.05% 1-year volatility. There are 25 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.25%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | 12.25% | 2.34M | Dec 2024 | NFXS vs BRKD | |
| ProShares Short Dow30 | 12.57% | 100.13M | Jun 2006 | NFXS vs DOG | |
| ProShares Short S&P500 | 12.78% | 927.71M | Jun 2006 | NFXS vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.94% | 230.47M | Jun 2016 | NFXS vs SPDN | |
| Gotham Short Strategies ETF | 14.19% | 12.30M | Jul 2017 | NFXS vs SHRT |
Lowest Drawdown Alternatives to NFXS
NFXS has a 1-year max drawdown of -31.31%. There are 23 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 FTSE China 50 | -13.55% | 4.55M | Mar 2010 | NFXS vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 2.94M | Nov 2017 | NFXS vs EMTY | |
| ProShares Short Dow30 | -14.32% | 100.13M | Jun 2006 | NFXS vs DOG | |
| Direxion Daily S&P 500 Bear 1x Shares | -15.93% | 230.47M | Jun 2016 | NFXS vs SPDN |
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 $20B.
Often Compared With NFXS
Investors most often compare NFXS with CPNQ, AIBD, SMCZ. These 20 comparison targets span 5 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