MicroSectors Gold 3X Leveraged ETN (SHNY) belongs to the Leveraged Commodities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SHNY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SHNY
SHNY charges 0.95% annually. There are 4 ETFs in the Leveraged Commodities category with lower expense ratios, going as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Gold Strategy PLUS Income ETF | 0.50% | 37.25M | Dec 2024 | SHNY vs YGLD | |
| DB Gold Double Long Exchange Traded Notes | 0.75% | 228.65M | Feb 2008 | SHNY vs DGP | |
| DB Gold Double Short Exchange Traded Notes | 0.75% | 941.91K | Feb 2008 | SHNY vs DZZ | |
| ProShares Ultra Silver | 0.93% | 1.25B | Dec 2008 | SHNY vs AGQ | |
| ProShares UltraShort Bloomberg Crude Oil | 0.95% | 725.38M | Nov 2008 | SHNY vs SCO |
Best Risk-Adjusted Alternatives to SHNY
SHNY has a PortfoliosLab risk / return rank of 15. There are 8 ETFs in the Leveraged Commodities category with higher risk-adjusted ranks, going as high as 39.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Ultra Bloomberg Crude Oil | 39 | 361.56M | Nov 2008 | SHNY vs UCO | |
| MicroSectors Oil & Gas Exploration & Production 3X... | 35 | 65.33M | Mar 2017 | SHNY vs OILU | |
| DB Gold Double Short Exchange Traded Notes | 21 | 941.91K | Feb 2008 | SHNY vs DZZ | |
| DB Gold Double Long Exchange Traded Notes | 21 | 228.65M | Feb 2008 | SHNY vs DGP | |
| ProShares Ultra Gold | 19 | 651.02M | Dec 2008 | SHNY vs UGL |
Top Performing SHNY Alternatives (YTD)
SHNY is at -37.94% YTD. There are 10 ETFs in the Leveraged Commodities category with higher YTD returns, going as high as 106.78%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Ultra Bloomberg Crude Oil | 106.78% | 361.56M | Nov 2008 | SHNY vs UCO | |
| MicroSectors Oil & Gas Exploration & Production 3X... | 66.83% | 65.33M | Mar 2017 | SHNY vs OILU | |
| Teucrium 2x Daily Wheat ETF | 54.87% | 8.25M | Dec 2024 | SHNY vs WXET | |
| ProShares UltraShort Gold | 1.11% | 113.41M | Dec 2008 | SHNY vs GLL | |
| Roundhill Gold WeeklyPay ETF | -10.07% | 16.72M | Oct 2025 | SHNY vs GLDW |
Lowest Volatility Alternatives to SHNY
SHNY has 82.63% 1-year volatility. There are 14 ETFs in the Leveraged Commodities category with lower 1-year volatility, going as low as 36.47%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill Gold WeeklyPay ETF | 36.47% | 16.72M | Oct 2025 | SHNY vs GLDW | |
| Teucrium 2x Daily Corn ETF | 37.03% | 4.25M | Dec 2024 | SHNY vs CXRN | |
| Simplify Gold Strategy PLUS Income ETF | 42.20% | 37.25M | Dec 2024 | SHNY vs YGLD | |
| Teucrium 2x Daily Wheat ETF | 50.06% | 8.25M | Dec 2024 | SHNY vs WXET | |
| Direxion Daily Gold Bull 2X ETF | 53.72% | 3.05M | May 2026 | SHNY vs UGLD |
Lowest Drawdown Alternatives to SHNY
SHNY has a 1-year max drawdown of -68.68%. There are 9 ETFs in the Leveraged Commodities category with shallower 1-year drawdowns, going as shallow as -30.76%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Teucrium 2x Daily Wheat ETF | -30.76% | 8.25M | Dec 2024 | SHNY vs WXET | |
| Teucrium 2x Daily Corn ETF | -31.96% | 4.25M | Dec 2024 | SHNY vs CXRN | |
| ProShares Ultra Bloomberg Crude Oil | -38.55% | 361.56M | Nov 2008 | SHNY vs UCO | |
| Simplify Gold Strategy PLUS Income ETF | -42.90% | 37.25M | Dec 2024 | SHNY vs YGLD | |
| MicroSectors Oil & Gas Exploration & Production 3X... | -46.49% | 65.33M | Mar 2017 | SHNY vs OILU |
Other ETFs from BMO
The 8 most viewed BMO ETFs shown here include FNGS, GDXU, BULZ and span 6 categories. AUM among these funds goes as high as $5B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MicroSectors FANG+ ETN | Large Cap Growth Equities | 25 | 12.58% | 554.66M | Nov 2019 | SHNY vs FNGS | |
| MicroSectors Gold Miners 3X Leveraged ETNs due Jun... | Leveraged Equities, Gold, Precious Metals | 17 | -67.81% | 1.27B | Dec 2020 | SHNY vs GDXU | |
| MicroSectors FANG & Innovation 3X Leveraged ETNs | Leveraged Equities, Technology Equities | 43 | 44.25% | 4.61B | Aug 2021 | SHNY vs BULZ | |
| MicroSectors Gold Miners -3X Inverse Leveraged ETN... | Inverse Equities | 3 | -39.37% | 93.27M | Dec 2020 | SHNY vs GDXD | |
| MicroSectors FANG+™ Index -3X Inverse Leveraged ET... | Leveraged Equities | 3 | -39.86% | 44.43M | Jan 2018 | SHNY vs FNGD | |
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | Leveraged Equities | 47 | 109.94% | 57.96M | Apr 2019 | SHNY vs NRGU | |
| MicroSectors Solactive FANG & Innovation -3X Inver... | Inverse Equities | 1 | -57.92% | 6.67M | Aug 2021 | SHNY vs BERZ | |
| MicroSectors U.S. Big Oil Index -3X Inverse Levera... | Leveraged Equities | 1 | -70.53% | 25.11M | Apr 2019 | SHNY vs NRGD |
Often Compared With SHNY
Investors most often compare SHNY with SPMO, 3GOL.L, TQQQ. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare SHNY with Any Fund or Stock
Compare SHNY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SHNY with funds that move differently
MicroSectors Gold 3X Leveraged ETN alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SHNY.
Explore SHNY Diversifiers