Defiance Daily Target 2X Short MSTR ETF (SMST) 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 SMST. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SMST
SMST charges 1.29% annually. There are 63 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% | 230.47M | Jun 2016 | SMST vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 35.32M | Mar 2024 | SMST vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 2.94M | Nov 2017 | SMST vs EMTY | |
| Tuttle Capital Daily 2X Inverse Regional Banks ETF | 0.75% | 7.22M | Jan 2024 | SMST vs SKRE | |
| Tradr Short Innovation Daily ETF | 0.75% | 46.76M | Nov 2021 | SMST vs SARK |
Best Risk-Adjusted Alternatives to SMST
SMST has a PortfoliosLab risk / return rank of 40. There are 2 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 49.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 49 | 4.71M | Oct 2024 | SMST vs NFXS | |
| T-REX 2X Inverse MSTR Daily Target ETF | 46 | 97.46M | Sep 2024 | SMST vs MSTZ | |
| -1x Short VIX Futures ETF | 37 | 195.06M | Mar 2022 | SMST vs SVIX | |
| YieldMax Short COIN Option Income Strategy ETF | 35 | 36.86M | Jul 2024 | SMST vs FIAT | |
| Direxion Daily META Bear 1X ETF | 22 | 11.16M | Jun 2024 | SMST vs METD |
Top Performing SMST Alternatives (YTD)
SMST is at -37.72% YTD. There are 53 ETFs in the Inverse Equities category with higher YTD returns, going as high as 38.93%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Tradr 2X Short TSLA Daily ETF | 38.93% | 110.91M | Jul 2022 | SMST vs TSLQ | |
| GraniteShares 2x Short TSLA Daily ETF | 37.39% | 33.39M | Aug 2023 | SMST vs TSDD | |
| T-Rex 2X Inverse Tesla Daily Target ETF | 35.10% | 34.80M | Oct 2023 | SMST vs TSLZ | |
| Direxion Daily TSLA Bear 1X ETF | 28.69% | 81.35M | Aug 2022 | SMST vs TSLS | |
| Direxion Daily PLTR Bear 1X Shares | 24.17% | 40.54M | Dec 2024 | SMST vs PLTD |
Lowest Volatility Alternatives to SMST
SMST has 150.32% 1-year volatility. There are 72 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.26%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | 12.26% | 2.34M | Dec 2024 | SMST vs BRKD | |
| ProShares Short Dow30 | 12.57% | 100.13M | Jun 2006 | SMST vs DOG | |
| ProShares Short S&P500 | 12.78% | 927.71M | Jun 2006 | SMST vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.94% | 230.47M | Jun 2016 | SMST vs SPDN | |
| Gotham Short Strategies ETF | 14.19% | 12.30M | Jul 2017 | SMST vs SHRT |
Lowest Drawdown Alternatives to SMST
SMST has a 1-year max drawdown of -85.39%. There are 62 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 | SMST vs BRKD | |
| ProShares Short FTSE China 50 | -13.55% | 4.55M | Mar 2010 | SMST vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 2.94M | Nov 2017 | SMST vs EMTY | |
| ProShares Short Dow30 | -14.32% | 100.13M | Jun 2006 | SMST vs DOG | |
| Direxion Daily S&P 500 Bear 1x Shares | -15.93% | 230.47M | Jun 2016 | SMST vs SPDN |
Other ETFs from Defiance
The 10 most viewed Defiance ETFs shown here include QTUM, QQQY, MSTX and span 12 categories. AUM among these funds goes as high as $5B.
Often Compared With SMST
Investors most often compare SMST with MSTR, GGLS, EFZ. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare SMST with Any Fund or Stock
Compare SMST with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SMST with funds that move differently
Defiance Daily Target 2X Short MSTR ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SMST.
Explore SMST Diversifiers