ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SMHB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SMHB
SMHB charges 0.85% annually. There are 86 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 28.74M | Mar 2026 | SMHB vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.98M | Sep 2021 | SMHB vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | 241.41M | May 2014 | SMHB vs SPUU | |
| Leverage Shares 2X Long AMD Daily ETF | 0.75% | 33.68M | Jan 2025 | SMHB vs AMDG | |
| Leverage Shares 2X Long NVDA Daily ETF | 0.75% | — | Dec 2024 | SMHB vs NVDG |
Best Risk-Adjusted Alternatives to SMHB
SMHB has a PortfoliosLab risk / return rank of 14. There are 128 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 99 | 3.44B | Oct 2024 | SMHB vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 99 | 1.11B | Nov 2024 | SMHB vs MULL | |
| Innovator Growth Accelerated Plus ETF - April | 98 | 19.26M | Apr 2021 | SMHB vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.62M | Apr 2021 | SMHB vs XTAP | |
| Direxion Daily South Korea Bull 3X Shares | 97 | 1.73B | Apr 2013 | SMHB vs KORU |
Top Performing SMHB Alternatives (YTD)
SMHB is at 5.72% YTD. There are 162 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 961.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 961.23% | 3.44B | Oct 2024 | SMHB vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 936.86% | 1.11B | Nov 2024 | SMHB vs MULL | |
| Leverage Shares 2X Long ARM Daily ETF | 936.32% | 75.08M | Jan 2025 | SMHB vs ARMG | |
| GraniteShares 2x Long MRVL Daily ETF | 842.68% | 568.50M | Mar 2025 | SMHB vs MVLL | |
| GraniteShares 2x Long DELL Daily ETF | 757.76% | 101.08M | Feb 2025 | SMHB vs DLLL |
Lowest Volatility Alternatives to SMHB
SMHB has 38.92% 1-year volatility. There are 80 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.70%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.70% | 22.62M | Apr 2021 | SMHB vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 5.56% | 19.26M | Apr 2021 | SMHB vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.43% | 13.32M | Jul 2021 | SMHB vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.01% | 22.12M | Jul 2021 | SMHB vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.56% | 68.42M | Apr 2021 | SMHB vs XDSQ |
Lowest Drawdown Alternatives to SMHB
SMHB has a 1-year max drawdown of -25.16%. There are 41 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.42%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.42% | 22.62M | Apr 2021 | SMHB vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -1.69% | 19.26M | Apr 2021 | SMHB vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.32M | Jul 2021 | SMHB vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 22.12M | Jul 2021 | SMHB vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.42M | Apr 2021 | SMHB vs XDSQ |
Other ETFs from UBS
The 10 most viewed UBS ETFs shown here include SLVO, MLPR, HDLB and span 8 categories. AUM among these funds goes as high as $383M.
Often Compared With SMHB
Investors most often compare SMHB with SPY, SCHD, QQQ. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare SMHB with Any Fund or Stock
Compare SMHB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SMHB with funds that move differently
ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SMHB.
Explore SMHB Diversifiers