Direxion Daily PLTR Bear 1X Shares (PLTD) 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 PLTD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PLTD
PLTD charges 0.98% annually. There are 32 ETFs in the Inverse Equities category with lower expense ratios, going as low as 0.48%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1X ETF | 0.48% | 230.47M | Jun 2016 | PLTD vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 35.32M | Mar 2024 | PLTD vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 2.94M | Nov 2017 | PLTD vs EMTY | |
| Tuttle Capital Daily 2X Inverse Regional Banks ETF | 0.75% | 7.22M | Jan 2024 | PLTD vs SKRE | |
| Tradr Short Innovation Daily ETF | 0.75% | 46.76M | Nov 2021 | PLTD vs SARK |
Best Risk-Adjusted Alternatives to PLTD
PLTD has a PortfoliosLab risk / return rank of 7. There are 12 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 44.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 44 | 4.71M | Oct 2024 | PLTD vs NFXS | |
| T-REX 2X Inverse MSTR Daily Target ETF | 41 | 97.46M | Sep 2024 | PLTD vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 36 | 28.39M | Aug 2024 | PLTD vs SMST | |
| -1x Short VIX Futures ETF | 32 | 195.06M | Mar 2022 | PLTD vs SVIX | |
| YieldMax Short COIN Option Income Strategy ETF | 29 | 36.86M | Jul 2024 | PLTD vs FIAT |
Top Performing PLTD Alternatives (YTD)
PLTD is at -9.95% YTD. There are 23 ETFs in the Inverse Equities category with higher YTD returns, going as high as 39.32%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Tradr 2X Short TSLA Daily ETF | 39.32% | 110.91M | Jul 2022 | PLTD vs TSLQ | |
| GraniteShares 2x Short TSLA Daily ETF | 37.90% | 33.39M | Aug 2023 | PLTD vs TSDD | |
| T-Rex 2X Inverse Tesla Daily Target ETF | 35.36% | 34.80M | Oct 2023 | PLTD vs TSLZ | |
| Direxion Daily TSLA Bear 1X ETF | 28.76% | 81.35M | Aug 2022 | PLTD vs TSLS | |
| YieldMax Short TSLA Option Income Strategy ETF | 23.73% | 17.13M | May 2024 | PLTD vs CRSH |
Lowest Volatility Alternatives to PLTD
PLTD has 59.96% 1-year volatility. There are 45 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 11.87%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | 11.87% | 2.34M | Dec 2024 | PLTD vs BRKD | |
| ProShares Short Dow30 | 12.59% | 100.13M | Jun 2006 | PLTD vs DOG | |
| ProShares Short S&P500 | 12.79% | 927.71M | Jun 2006 | PLTD vs SH | |
| Direxion Daily S&P 500 Bear 1X ETF | 12.97% | 230.47M | Jun 2016 | PLTD vs SPDN | |
| Gotham Short Strategies ETF | 14.19% | 12.30M | Jul 2017 | PLTD vs SHRT |
Lowest Drawdown Alternatives to PLTD
PLTD has a 1-year max drawdown of -40.73%. There are 29 ETFs in the Inverse Equities category with shallower 1-year drawdowns, going as shallow as -8.85%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | -8.85% | 2.34M | Dec 2024 | PLTD vs BRKD | |
| ProShares Short FTSE China 50 | -13.55% | 4.55M | Mar 2010 | PLTD vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 2.94M | Nov 2017 | PLTD vs EMTY | |
| ProShares Short Dow30 | -16.13% | 100.13M | Jun 2006 | PLTD vs DOG | |
| ProShares Short Financials | -16.57% | 13.16M | Jun 2008 | PLTD vs SEF |
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 PLTD
Investors most often compare PLTD with SMCZ, SPXS, FAI. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare PLTD with Any Fund or Stock
Compare PLTD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PLTD with funds that move differently
Direxion Daily PLTR Bear 1X Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PLTD.
Explore PLTD Diversifiers