Direxion Daily PANW Bear 1X Shares (PALD) 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 PALD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PALD
PALD charges 1.02% annually. There are 43 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% | 234.85M | Jun 2016 | PALD vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 33.44M | Mar 2024 | PALD vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 2.99M | Nov 2017 | PALD vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 43.22M | Nov 2021 | PALD vs SARK | |
| Tuttle Capital Daily 2X Inverse Regional Banks ETF | 0.75% | 7.22M | Jan 2024 | PALD vs SKRE |
Best Risk-Adjusted Alternatives to PALD
PALD has a PortfoliosLab risk / return rank of 1. There are 58 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 71.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 71 | 5.17M | Oct 2024 | PALD vs NFXS | |
| T-REX 2X Inverse MSTR Daily Target ETF | 61 | 90.74M | Sep 2024 | PALD vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 53 | 27.45M | Aug 2024 | PALD vs SMST | |
| YieldMax Short COIN Option Income Strategy ETF | 46 | 34.62M | Jul 2024 | PALD vs FIAT | |
| Direxion Daily MSFT Bear 1X Shares | 31 | 9.91M | Sep 2022 | PALD vs MSFD |
Top Performing PALD Alternatives (YTD)
PALD is at -52.20% YTD. There are 63 ETFs in the Inverse Equities category with higher YTD returns, going as high as 35.51%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily ORCL Bear 1X ETF | 35.51% | 14.35M | Nov 2025 | PALD vs ORCS | |
| Direxion Daily NFLX Bear 1X Shares | 32.69% | 5.17M | Oct 2024 | PALD vs NFXS | |
| Direxion Daily PLTR Bear 1X Shares | 16.93% | 40.54M | Dec 2024 | PALD vs PLTD | |
| Direxion Daily MSFT Bear 1X Shares | 16.33% | 9.91M | Sep 2022 | PALD vs MSFD | |
| Direxion Daily TSLA Bear 1X Shares | 14.67% | 69.85M | Aug 2022 | PALD vs TSLS |
Lowest Volatility Alternatives to PALD
PALD has 41.45% 1-year volatility. There are 35 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.33%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Short Dow30 | 12.33% | 96.33M | Jun 2006 | PALD vs DOG | |
| Direxion Daily BRKB Bear 1X Shares | 12.40% | 2.34M | Dec 2024 | PALD vs BRKD | |
| ProShares Short S&P500 | 12.56% | 881.30M | Jun 2006 | PALD vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.78% | 234.85M | Jun 2016 | PALD vs SPDN | |
| YieldMax Short N100 Option Income Strategy ETF | 13.96% | 15.13M | Aug 2024 | PALD vs YQQQ |
Lowest Drawdown Alternatives to PALD
PALD has a 1-year max drawdown of -63.69%. There are 48 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 | PALD vs BRKD | |
| ProShares Short FTSE China 50 | -11.39% | 4.64M | Mar 2010 | PALD vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 2.99M | Nov 2017 | PALD vs EMTY | |
| ProShares Short Financials | -14.82% | 13.29M | Jun 2008 | PALD vs SEF | |
| ProShares Short Dow30 | -15.02% | 96.33M | Jun 2006 | PALD 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 $20B.
Often Compared With PALD
Investors most often compare PALD with BMNZ, HDGE, PLTZ. These 4 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short BMNR ETF | Inverse Equities | — | -27.17% | — | Nov 2025 | PALD vs BMNZ | |
| AdvisorShares Ranger Equity Bear ETF | Inverse Equities | 8 | -1.25% | 62.46M | Jan 2011 | PALD vs HDGE | |
| Defiance Daily Target 2X Short PLTR ETF | Inverse Equities | 6 | 5.28% | 12.92M | Jun 2025 | PALD vs PLTZ | |
| -1x Short VIX Futures ETF | Volatility, Inverse Equities | 30 | -2.52% | 195.06M | Mar 2022 | PALD vs SVIX |
Compare PALD with Any Fund or Stock
Compare PALD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PALD with funds that move differently
Direxion Daily PANW Bear 1X Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PALD.
Explore PALD Diversifiers