Direxion Daily NVDA Bear 1X Shares (NVDD) 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 NVDD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NVDD
NVDD charges 1.01% 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% | 221.57M | Jun 2016 | NVDD vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 32.11M | Mar 2024 | NVDD vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.03M | Nov 2017 | NVDD vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 47.36M | Nov 2021 | NVDD vs SARK | |
| ProShares Short S&P500 | 0.89% | 1.09B | Jun 2006 | NVDD vs SH |
Best Risk-Adjusted Alternatives to NVDD
NVDD has a PortfoliosLab risk / return rank of 2. There are 32 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 | NVDD vs NFXS | |
| T-REX 2X Inverse MSTR Daily Target ETF | 34 | 92.68M | Sep 2024 | NVDD vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 30 | 33.15M | Aug 2024 | NVDD vs SMST | |
| Direxion Daily MSFT Bear 1X Shares | 29 | 8.89M | Sep 2022 | NVDD vs MSFD | |
| -1x Short VIX Futures ETF | 29 | 215.09M | Mar 2022 | NVDD vs SVIX |
Top Performing NVDD Alternatives (YTD)
NVDD is at -10.62% YTD. There are 33 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 | NVDD vs PLTZ | |
| Direxion Daily PLTR Bear 1X Shares | 36.18% | 40.54M | Dec 2024 | NVDD vs PLTD | |
| Direxion Daily NFLX Bear 1X Shares | 24.21% | 4.56M | Oct 2024 | NVDD vs NFXS | |
| Direxion Daily MSFT Bear 1X Shares | 24.19% | 8.89M | Sep 2022 | NVDD vs MSFD | |
| ProShares Short FTSE China 50 | 16.30% | 4.77M | Mar 2010 | NVDD vs YXI |
Lowest Volatility Alternatives to NVDD
NVDD has 35.31% 1-year volatility. There are 27 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 | NVDD vs DOG | |
| ProShares Short S&P500 | 12.46% | 1.09B | Jun 2006 | NVDD vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.59% | 221.57M | Jun 2016 | NVDD vs SPDN | |
| Direxion Daily BRKB Bear 1X Shares | 13.02% | 2.34M | Dec 2024 | NVDD vs BRKD | |
| Gotham Short Strategies ETF | 13.44% | 12.30M | Jul 2017 | NVDD vs SHRT |
Lowest Drawdown Alternatives to NVDD
NVDD has a 1-year max drawdown of -39.32%. There are 28 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 | NVDD vs BRKD | |
| ProShares Short Financials | -11.14% | 14.07M | Jun 2008 | NVDD vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 67.03M | Jan 2011 | NVDD vs HDGE | |
| ProShares Short FTSE China 50 | -12.48% | 4.77M | Mar 2010 | NVDD vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 3.03M | Nov 2017 | NVDD 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 NVDD
Investors most often compare NVDD with NVD, NVDS, NVDL. These 19 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare NVDD with Any Fund or Stock
Compare NVDD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NVDD with funds that move differently
Direxion Daily NVDA Bear 1X Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NVDD.
Explore NVDD Diversifiers