ProShares Short S&P500 (SH) Alternatives
ProShares Short S&P500 (SH) 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 SH. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to SH
SH charges 0.90% annually. Among ETFs in the Inverse Equities category, these options have the lowest expense ratios among SH alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1x Shares | 0.50% | Jun 8, 2016 | SH vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | Mar 6, 2024 | SH vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | Nov 14, 2017 | SH vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | Nov 5, 2021 | SH vs SARK | |
| MicroSectors Gold Miners -3X Inverse Leveraged ETN... | 0.95% | Dec 2, 2020 | SH vs GDXD |
Best Risk-Adjusted Alternatives to SH
Among ETFs in the Inverse Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | 20 | Sep 17, 2024 | SH vs MSTZ | |
| AdvisorShares Ranger Equity Bear ETF | 17 | Jan 26, 2011 | SH vs HDGE | |
| ProShares Short Financials | 15 | Jun 12, 2008 | SH vs SEF | |
| Direxion Daily MSFT Bear 1X Shares | 12 | Sep 6, 2022 | SH vs MSFD | |
| ProShares Short FTSE China 50 | 10 | Mar 16, 2010 | SH vs YXI |
Top Performing SH Alternatives (YTD)
SH alternatives from the Inverse Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| MicroSectors Travel -3X Inverse Leveraged ETNs | 31.58% | Jun 22, 2022 | SH vs FLYD | |
| Direxion Daily MSFT Bear 1X Shares | 28.73% | Sep 6, 2022 | SH vs MSFD | |
| AXS TSLA Bear Daily ETF | 28.41% | Jul 13, 2022 | SH vs TSLQ | |
| GraniteShares 2x Short TSLA Daily ETF | 28.07% | Aug 21, 2023 | SH vs TSDD | |
| Max Auto Industry -3X Inverse Leveraged ETN | 27.01% | Jun 27, 2023 | SH vs CARD |
Lowest Volatility Alternatives to SH
SH alternatives from the Inverse Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Gotham Short Strategies ETF | 14.59% | Jul 31, 2017 | SH vs SHRT | |
| ProShares Short Dow30 | 16.82% | Jun 19, 2006 | SH vs DOG | |
| YieldMax Short N100 Option Income Strategy ETF | 17.29% | Aug 14, 2024 | SH vs YQQQ | |
| ProShares Short MSCI EAFE | 18.50% | Oct 23, 2007 | SH vs EFZ | |
| Direxion Daily S&P 500 Bear 1x Shares | 18.51% | Jun 8, 2016 | SH vs SPDN |
Lowest Drawdown Alternatives to SH
SH alternatives from the Inverse Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Gotham Short Strategies ETF | -17.65% | Jul 31, 2017 | SH vs SHRT | |
| AdvisorShares Ranger Equity Bear ETF | -19.63% | Jan 26, 2011 | SH vs HDGE | |
| ProShares Short Financials | -20.21% | Jun 12, 2008 | SH vs SEF | |
| ProShares Short Dow30 | -22.70% | Jun 19, 2006 | SH vs DOG | |
| -1x Short VIX Mid-Term Futures Strategy ETF | -22.85% | Apr 17, 2023 | SH vs ZIVB |
Other ETFs from ProShares
Most popular ProShares ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities, Leveraged | 47 | -17.87% | Feb 9, 2010 | SH vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency, Actively Managed | 5 | -22.79% | Oct 19, 2021 | SH vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities, Leveraged | 53 | -11.23% | Jun 21, 2006 | SH vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 40 | -14.14% | Jun 23, 2009 | SH vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 45 | -8.90% | Jun 19, 2006 | SH vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | S&P 500, Dividend | 23 | 2.32% | Oct 9, 2013 | SH vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 89 | -4.90% | Jan 30, 2007 | SH vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Leveraged | 2 | 13.99% | Feb 9, 2010 | SH vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Leveraged, Volatility | 5 | 40.61% | Oct 3, 2011 | SH vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 3 | -46.65% | Apr 1, 2024 | SH vs BITU |
Often Compared With SH
What investors most often compare with SH, based on PortfoliosLab usage data.
Compare SH with Any Fund or Stock
Compare SH with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.