Direxion Daily Magnificent 7 Bear 1X Shares (QQQD) 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 QQQD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QQQD
QQQD charges 0.57% annually. There is 1 ETF in the Inverse Equities category with a lower expense ratio, 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 | QQQD vs SPDN | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.01M | Nov 2017 | QQQD vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 56.18M | Nov 2021 | QQQD vs SARK | |
| ProShares Short S&P500 | 0.90% | 981.01M | Jun 2006 | QQQD vs SH | |
| ProShares Short Dow30 | 0.95% | 108.72M | Jun 2006 | QQQD vs DOG |
Best Risk-Adjusted Alternatives to QQQD
QQQD has a PortfoliosLab risk / return rank of 2. There are 24 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 31.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 31 | 5.31M | Oct 2024 | QQQD vs NFXS | |
| Volatility Shares -1x Short VIX Futures ETF | 26 | 215.09M | Mar 2022 | QQQD vs SVIX | |
| T-REX 2X Inverse MSTR Daily Target ETF | 26 | 118.12M | Sep 2024 | QQQD vs MSTZ | |
| Direxion Daily BRKB Bear 1X Shares | 20 | 2.34M | Dec 2024 | QQQD vs BRKD | |
| Defiance Daily Target 2X Short MSTR ETF | 18 | 30.99M | Aug 2024 | QQQD vs SMST |
Top Performing QQQD Alternatives (YTD)
QQQD is at -2.89% YTD. There are 14 ETFs in the Inverse Equities category with higher YTD returns, 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 | QQQD vs FIAT | |
| Direxion Daily NFLX Bear 1X Shares | 8.89% | 5.31M | Oct 2024 | QQQD vs NFXS | |
| ProShares Short Financials | 7.71% | 15.40M | Jun 2008 | QQQD vs SEF | |
| Direxion Daily MSFT Bear 1X Shares | 6.94% | 13.89M | Sep 2022 | QQQD vs MSFD | |
| Direxion Daily PLTR Bear 1X Shares | 6.19% | 40.54M | Dec 2024 | QQQD vs PLTD |
Lowest Volatility Alternatives to QQQD
QQQD has 20.21% 1-year volatility. There are 18 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 | QQQD vs ZIVB | |
| ProShares Short S&P500 | 11.80% | 981.01M | Jun 2006 | QQQD vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.10% | 213.79M | Jun 2016 | QQQD vs SPDN | |
| ProShares Short Dow30 | 12.13% | 108.72M | Jun 2006 | QQQD vs DOG | |
| YieldMax Short N100 Option Income Strategy ETF | 12.51% | 13.26M | Aug 2024 | QQQD vs YQQQ |
Lowest Drawdown Alternatives to QQQD
QQQD has a 1-year max drawdown of -26.65%. There are 16 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 | QQQD vs BRKD | |
| ProShares Short Financials | -9.72% | 15.40M | Jun 2008 | QQQD vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 63.43M | Jan 2011 | QQQD vs HDGE | |
| ProShares Decline of the Retail Store ETF | -14.00% | 3.01M | Nov 2017 | QQQD vs EMTY | |
| ProShares Short Dow30 | -14.63% | 108.72M | Jun 2006 | QQQD vs DOG |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SOXL, SPXL, TMF and span 6 categories. AUM among these funds goes as high as $23B.
Often Compared With QQQD
Investors most often compare QQQD with QQQU, QQQ, IWY. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare QQQD with Any Fund or Stock
Compare QQQD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QQQD with funds that move differently
Direxion Daily Magnificent 7 Bear 1X Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QQQD.
Explore QQQD Diversifiers