Defiance Daily Target 2X Short MSTR ETF (SMST) Alternatives
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 funds that fit a different role in your portfolio.
Cheapest Alternatives to SMST
SMST charges 1.29% annually. Among ETFs in the Inverse Equities category, these options have the lowest expense ratios among SMST alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1x Shares | 0.50% | Jun 8, 2016 | SMST vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | Mar 6, 2024 | SMST vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | Nov 14, 2017 | SMST vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | Nov 5, 2021 | SMST vs SARK | |
| ProShares Short S&P500 | 0.90% | Jun 19, 2006 | SMST vs SH |
Best Risk-Adjusted Alternatives to SMST
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 | |
|---|---|---|---|---|
| Volatility Shares -1x Short VIX Futures ETF | 24 | Mar 28, 2022 | SMST vs SVIX | |
| -1x Short VIX Mid-Term Futures Strategy ETF | 16 | Apr 17, 2023 | SMST vs ZIVB | |
| T-REX 2X Inverse MSTR Daily Target ETF | 11 | Sep 17, 2024 | SMST vs MSTZ | |
| Direxion Daily MSFT Bear 1X Shares | 6 | Sep 6, 2022 | SMST vs MSFD | |
| AdvisorShares Ranger Equity Bear ETF | 3 | Jan 26, 2011 | SMST vs HDGE |
Top Performing SMST Alternatives (YTD)
SMST alternatives from the Inverse Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| AXS TSLA Bear Daily ETF | 38.99% | Jul 13, 2022 | SMST vs TSLQ | |
| GraniteShares 2x Short TSLA Daily ETF | 38.68% | Aug 21, 2023 | SMST vs TSDD | |
| T-Rex 2X Inverse Tesla Daily Target ETF | 37.04% | Oct 18, 2023 | SMST vs TSLZ | |
| Defiance Daily Target 2X Short PLTR ETF | 31.83% | Jun 5, 2025 | SMST vs PLTZ | |
| Direxion Daily TSLA Bear 1X Shares | 21.70% | Aug 8, 2022 | SMST vs TSLS |
Lowest Volatility Alternatives to SMST
SMST alternatives from the Inverse Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| ProShares Short Dow30 | 13.19% | Jun 19, 2006 | SMST vs DOG | |
| ProShares Short S&P500 | 13.19% | Jun 19, 2006 | SMST vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 13.44% | Jun 8, 2016 | SMST vs SPDN | |
| Gotham Short Strategies ETF | 13.66% | Jul 31, 2017 | SMST vs SHRT | |
| YieldMax Short N100 Option Income Strategy ETF | 13.67% | Aug 14, 2024 | SMST vs YQQQ |
Lowest Drawdown Alternatives to SMST
SMST alternatives from the Inverse Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Gotham Short Strategies ETF | -15.89% | Jul 31, 2017 | SMST vs SHRT | |
| -1x Short VIX Mid-Term Futures Strategy ETF | -16.46% | Apr 17, 2023 | SMST vs ZIVB | |
| ProShares Short Financials | -16.76% | Jun 12, 2008 | SMST vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -19.18% | Jan 26, 2011 | SMST vs HDGE | |
| ProShares Short Dow30 | -21.18% | Jun 19, 2006 | SMST vs DOG |
Other ETFs from Defiance
Most popular Defiance ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Defiance Quantum ETF | Technology Equities | 79 | 11.53% | Sep 5, 2018 | SMST vs QTUM | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | Nasdaq-100, Options Trading, Dividend | 60 | 1.82% | Sep 13, 2023 | SMST vs QQQY | |
| Defiance Daily Target 2X Long MSTR ETF | Leveraged Equities, Leveraged | 1 | -39.84% | Aug 14, 2024 | SMST vs MSTX | |
| Defiance Large Cap ex-Mag 7 ETF | Large Cap Blend Equities | 62 | 3.72% | Oct 21, 2024 | SMST vs XMAG | |
| Defiance Nasdaq 100 Income Target ETF | Nasdaq-100, Derivative Income | 44 | 1.53% | Jun 20, 2024 | SMST vs QQQT | |
| Defiance R2000 Enhanced Options & 0DTE Income ETF | Options Trading | 44 | 5.94% | Oct 30, 2023 | SMST vs IWMY | |
| Defiance AI & Power Infrastructure ETF | Technology Equities | — | 29.88% | Jul 24, 2025 | SMST vs AIPO | |
| Defiance Gold Enhanced Options Income ETF | Derivative Income, Gold | 22 | 4.20% | Apr 1, 2025 | SMST vs GLDY | |
| Defiance S&P 500 Income Target ETF | Derivative Income, S&P 500 | 61 | 2.07% | Mar 7, 2024 | SMST vs SPYT | |
| Defiance Oil Enhanced Options Income ETF | Derivative Income | 48 | 49.79% | May 9, 2024 | SMST vs USOY |
Often Compared With SMST
What investors most often compare with SMST, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Direxion Daily AMZN Bear 1X Shares | Inverse Equities, Leveraged | 1 | -8.50% | Sep 6, 2022 | SMST vs AMZD |
Compare SMST with Any Fund or Stock
Compare SMST with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.