ProShares Short Financials (SEF) 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 SEF. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SEF
SEF charges 0.95% annually. There are 5 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 | SEF vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 27.70M | Mar 2024 | SEF vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.01M | Nov 2017 | SEF vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 56.18M | Nov 2021 | SEF vs SARK | |
| ProShares Short S&P500 | 0.90% | 981.01M | Jun 2006 | SEF vs SH |
Best Risk-Adjusted Alternatives to SEF
SEF has a PortfoliosLab risk / return rank of 12. There are 6 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 | SEF vs NFXS | |
| Volatility Shares -1x Short VIX Futures ETF | 26 | 215.09M | Mar 2022 | SEF vs SVIX | |
| T-REX 2X Inverse MSTR Daily Target ETF | 26 | 118.12M | Sep 2024 | SEF vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 24 | 30.99M | Aug 2024 | SEF vs SMST | |
| Direxion Daily BRKB Bear 1X Shares | 20 | 2.34M | Dec 2024 | SEF vs BRKD |
Top Performing SEF Alternatives (YTD)
SEF is at 8.89% YTD. There are 4 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 | SEF vs FIAT | |
| Direxion Daily PLTR Bear 1X Shares | 13.23% | 40.54M | Dec 2024 | SEF vs PLTD | |
| Direxion Daily NFLX Bear 1X Shares | 11.23% | 5.31M | Oct 2024 | SEF vs NFXS | |
| Direxion Daily MSFT Bear 1X Shares | 10.43% | 13.89M | Sep 2022 | SEF vs MSFD | |
| ProShares Short FTSE China 50 | 8.21% | 4.57M | Mar 2010 | SEF vs YXI |
Lowest Volatility Alternatives to SEF
SEF has 14.34% 1-year volatility. There are 7 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 | SEF vs ZIVB | |
| ProShares Short S&P500 | 11.80% | 981.01M | Jun 2006 | SEF vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.10% | 213.79M | Jun 2016 | SEF vs SPDN | |
| ProShares Short Dow30 | 12.13% | 108.72M | Jun 2006 | SEF vs DOG | |
| YieldMax Short N100 Option Income Strategy ETF | 12.51% | 13.26M | Aug 2024 | SEF vs YQQQ |
Lowest Drawdown Alternatives to SEF
SEF has a 1-year max drawdown of -9.72%. There is 1 ETF in the Inverse Equities category with a shallower 1-year drawdown, 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 | SEF vs BRKD | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 63.43M | Jan 2011 | SEF vs HDGE | |
| ProShares Decline of the Retail Store ETF | -14.00% | 3.01M | Nov 2017 | SEF vs EMTY | |
| ProShares Short FTSE China 50 | -14.21% | 4.57M | Mar 2010 | SEF vs YXI | |
| ProShares Short Dow30 | -14.63% | 108.72M | Jun 2006 | SEF vs DOG |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, BITO, QLD and span 7 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 | 71 | 64.46% | 39.77B | Feb 2010 | SEF vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 2 | -26.37% | 1.70B | Oct 2021 | SEF vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities | 69 | 42.06% | 14.46B | Jun 2006 | SEF vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 62 | 27.90% | 5.55B | Jun 2009 | SEF vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 62 | 19.37% | 8.38B | Jun 2006 | SEF vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | S&P 500, Dividend | 22 | 3.51% | 11.07B | Oct 2013 | SEF vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 90 | 114.00% | 3.05B | Jan 2007 | SEF vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities | 0 | -45.27% | 2.23B | Feb 2010 | SEF vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 1 | -19.06% | 398.99M | Oct 2011 | SEF vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 2 | -52.92% | 446.55M | Apr 2024 | SEF vs BITU |
Often Compared With SEF
Investors most often compare SEF with XLF, MUD, BNP.PA. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare SEF with Any Fund or Stock
Compare SEF with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SEF with funds that move differently
ProShares Short Financials alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SEF.
Explore SEF Diversifiers