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 42 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 | NVDD vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 34.08M | Mar 2024 | NVDD vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.01M | Nov 2017 | NVDD vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 41.67M | Nov 2021 | NVDD vs SARK | |
| Tuttle Capital Daily 2X Inverse Regional Banks ETF | 0.75% | 7.22M | Jan 2024 | NVDD vs SKRE |
Best Risk-Adjusted Alternatives to NVDD
NVDD has a PortfoliosLab risk / return rank of 3. There are 33 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 65.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | 65 | 96.16M | Sep 2024 | NVDD vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 60 | 30.06M | Aug 2024 | NVDD vs SMST | |
| Direxion Daily NFLX Bear 1X Shares | 59 | 5.10M | Oct 2024 | NVDD vs NFXS | |
| YieldMax Short COIN Option Income Strategy ETF | 36 | 35.08M | Jul 2024 | NVDD vs FIAT | |
| Direxion Daily MSFT Bear 1X Shares | 34 | 11.03M | Sep 2022 | NVDD vs MSFD |
Top Performing NVDD Alternatives (YTD)
NVDD is at -15.18% YTD. There are 36 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 | NVDD vs ORCS | |
| Direxion Daily NFLX Bear 1X Shares | 22.10% | 5.10M | Oct 2024 | NVDD vs NFXS | |
| Direxion Daily MSFT Bear 1X Shares | 21.74% | 11.03M | Sep 2022 | NVDD vs MSFD | |
| Direxion Daily PLTR Bear 1X Shares | 21.25% | 40.54M | Dec 2024 | NVDD vs PLTD | |
| Defiance Daily Target 2X Short PLTR ETF | 13.59% | 12.08M | Jun 2025 | NVDD vs PLTZ |
Lowest Volatility Alternatives to NVDD
NVDD has 35.81% 1-year volatility. There are 26 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.34%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Short Dow30 | 12.34% | 98.54M | Jun 2006 | NVDD vs DOG | |
| ProShares Short S&P500 | 12.49% | 869.15M | Jun 2006 | NVDD vs SH | |
| Direxion Daily BRKB Bear 1X Shares | 12.51% | 2.34M | Dec 2024 | NVDD vs BRKD | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.71% | 233.44M | Jun 2016 | NVDD vs SPDN | |
| YieldMax Short N100 Option Income Strategy ETF | 13.91% | 14.88M | Aug 2024 | NVDD vs YQQQ |
Lowest Drawdown Alternatives to NVDD
NVDD has a 1-year max drawdown of -31.63%. There are 25 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 FTSE China 50 | -11.39% | 4.73M | Mar 2010 | NVDD vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 3.01M | Nov 2017 | NVDD vs EMTY | |
| ProShares Short Financials | -14.12% | 13.41M | Jun 2008 | NVDD vs SEF | |
| ProShares Short Dow30 | -15.02% | 98.54M | Jun 2006 | NVDD vs DOG |
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 $25B.
Often Compared With NVDD
Investors most often compare NVDD with NVD, NVDS, NVDL. These 19 comparison targets span 9 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