ProShares Short SmallCap600 (SBB) 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 SBB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SBB
SBB charges 0.95% annually. There are 6 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% | 221.57M | Jun 2016 | SBB vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 32.11M | Mar 2024 | SBB vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.03M | Nov 2017 | SBB vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 47.36M | Nov 2021 | SBB vs SARK | |
| ProShares Short S&P500 | 0.89% | 1.09B | Jun 2006 | SBB vs SH |
Best Risk-Adjusted Alternatives to SBB
SBB has a PortfoliosLab risk / return rank of 1. There are 54 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 63.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 63 | 4.56M | Oct 2024 | SBB vs NFXS | |
| T-REX 2X Inverse MSTR Daily Target ETF | 46 | 92.68M | Sep 2024 | SBB vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 41 | 33.15M | Aug 2024 | SBB vs SMST | |
| Direxion Daily MSFT Bear 1X Shares | 37 | 8.89M | Sep 2022 | SBB vs MSFD | |
| -1x Short VIX Futures ETF | 27 | 215.09M | Mar 2022 | SBB vs SVIX |
Top Performing SBB Alternatives (YTD)
SBB is at -16.65% YTD. There are 40 ETFs in the Inverse Equities category with higher YTD returns, going as high as 57.20%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Defiance Daily Target 2X Short PLTR ETF | 57.20% | 16.93M | Jun 2025 | SBB vs PLTZ | |
| Direxion Daily PLTR Bear 1X Shares | 40.92% | 40.54M | Dec 2024 | SBB vs PLTD | |
| Direxion Daily MSFT Bear 1X Shares | 28.64% | 8.89M | Sep 2022 | SBB vs MSFD | |
| Direxion Daily NFLX Bear 1X Shares | 26.00% | 4.56M | Oct 2024 | SBB vs NFXS | |
| YieldMax Short COIN Option Income Strategy ETF | 20.30% | 34.27M | Jul 2024 | SBB vs FIAT |
Lowest Volatility Alternatives to SBB
SBB has 18.06% 1-year volatility. There are 11 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.45%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Short S&P500 | 12.45% | 1.09B | Jun 2006 | SBB vs SH | |
| ProShares Short Dow30 | 12.46% | 112.04M | Jun 2006 | SBB vs DOG | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.64% | 221.57M | Jun 2016 | SBB vs SPDN | |
| Direxion Daily BRKB Bear 1X Shares | 12.99% | 2.34M | Dec 2024 | SBB vs BRKD | |
| Gotham Short Strategies ETF | 13.44% | 12.30M | Jul 2017 | SBB vs SHRT |
Lowest Drawdown Alternatives to SBB
SBB has a 1-year max drawdown of -24.44%. 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 | SBB vs BRKD | |
| ProShares Short Financials | -11.14% | 14.07M | Jun 2008 | SBB vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 67.03M | Jan 2011 | SBB vs HDGE | |
| ProShares Short FTSE China 50 | -12.48% | 4.77M | Mar 2010 | SBB vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 3.03M | Nov 2017 | SBB vs EMTY |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, BITO, QLD and span 10 categories. AUM among these funds goes as high as $40B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 51 | 39.27% | 39.74B | Feb 2010 | SBB vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 1 | -32.58% | 1.42B | Oct 2021 | SBB vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities | 52 | 28.38% | 14.59B | Jun 2006 | SBB vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 47 | 16.62% | 5.36B | Jun 2009 | SBB vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 50 | 12.57% | 8.02B | Jun 2006 | SBB vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 30 | 6.93% | 11.27B | Oct 2013 | SBB vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 82 | 83.22% | 3.28B | Jan 2007 | SBB vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 1 | -40.47% | 1.83B | Feb 2010 | SBB vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 1 | -23.04% | 265.17M | Oct 2011 | SBB vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 1 | -61.44% | 340.85M | Apr 2024 | SBB vs BITU |
Often Compared With SBB
Investors most often compare SBB with EFZ, FLYD, BKSE. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare SBB with Any Fund or Stock
Compare SBB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SBB with funds that move differently
ProShares Short SmallCap600 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SBB.
Explore SBB Diversifiers