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 28 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% | 213.79M | Jun 2016 | PLTD vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 27.70M | Mar 2024 | PLTD vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.01M | Nov 2017 | PLTD vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 56.18M | Nov 2021 | PLTD vs SARK | |
| ProShares Short S&P500 | 0.90% | 981.01M | Jun 2006 | PLTD vs SH |
Best Risk-Adjusted Alternatives to PLTD
PLTD has a PortfoliosLab risk / return rank of 5. There are 13 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 35.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 35 | 5.31M | Oct 2024 | PLTD vs NFXS | |
| Volatility Shares -1x Short VIX Futures ETF | 26 | 215.09M | Mar 2022 | PLTD vs SVIX | |
| T-REX 2X Inverse MSTR Daily Target ETF | 26 | 118.12M | Sep 2024 | PLTD vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 24 | 30.99M | Aug 2024 | PLTD vs SMST | |
| Direxion Daily BRKB Bear 1X Shares | 20 | 2.34M | Dec 2024 | PLTD vs BRKD |
Top Performing PLTD Alternatives (YTD)
PLTD is at 13.23% YTD. There is 1 ETF in the Inverse Equities category with a higher YTD return, going as high as 13.84%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Short COIN Option Income Strategy ETF | 13.84% | 35.89M | Jul 2024 | PLTD vs FIAT | |
| Direxion Daily NFLX Bear 1X Shares | 11.23% | 5.31M | Oct 2024 | PLTD vs NFXS | |
| Direxion Daily MSFT Bear 1X Shares | 10.43% | 13.89M | Sep 2022 | PLTD vs MSFD | |
| ProShares Short Financials | 8.89% | 15.40M | Jun 2008 | PLTD vs SEF | |
| ProShares Short FTSE China 50 | 8.21% | 4.57M | Mar 2010 | PLTD vs YXI |
Lowest Volatility Alternatives to PLTD
PLTD has 51.79% 1-year volatility. There are 40 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| -1x Short VIX Mid-Term Futures Strategy ETF | 0.00% | 12.30M | Apr 2023 | PLTD vs ZIVB | |
| ProShares Short S&P500 | 11.80% | 981.01M | Jun 2006 | PLTD vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.10% | 213.79M | Jun 2016 | PLTD vs SPDN | |
| ProShares Short Dow30 | 12.13% | 108.72M | Jun 2006 | PLTD vs DOG | |
| YieldMax Short N100 Option Income Strategy ETF | 12.51% | 13.26M | Aug 2024 | PLTD vs YQQQ |
Lowest Drawdown Alternatives to PLTD
PLTD has a 1-year max drawdown of -44.79%. There are 30 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 | PLTD vs BRKD | |
| ProShares Short Financials | -9.72% | 15.40M | Jun 2008 | PLTD vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 63.43M | Jan 2011 | PLTD vs HDGE | |
| ProShares Decline of the Retail Store ETF | -14.00% | 3.01M | Nov 2017 | PLTD vs EMTY | |
| ProShares Short FTSE China 50 | -14.21% | 4.57M | Mar 2010 | PLTD vs YXI |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SOXL, SPXL, TMF and span 7 categories. AUM among these funds goes as high as $23B.
Often Compared With PLTD
Investors most often compare PLTD with ELIS, CRSH, TSLS. These 20 comparison targets span 2 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