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 55 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% | 213.79M | Jun 2016 | SMST vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 27.70M | Mar 2024 | SMST vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.01M | Nov 2017 | SMST vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 56.18M | Nov 2021 | SMST vs SARK | |
| ProShares Short S&P500 | 0.90% | 981.01M | Jun 2006 | SMST vs SH |
Best Risk-Adjusted Alternatives to SMST
SMST has a PortfoliosLab risk / return rank of 18. There are 4 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 31.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 31 | 5.31M | Oct 2024 | SMST vs NFXS | |
| Volatility Shares -1x Short VIX Futures ETF | 28 | 215.09M | Mar 2022 | SMST vs SVIX | |
| T-REX 2X Inverse MSTR Daily Target ETF | 21 | 118.12M | Sep 2024 | SMST vs MSTZ | |
| Direxion Daily BRKB Bear 1X Shares | 20 | 2.34M | Dec 2024 | SMST vs BRKD | |
| Direxion Daily META Bear 1X ETF | 11 | 7.88M | Jun 2024 | SMST vs METD |
Top Performing SMST Alternatives (YTD)
SMST is at -55.68% YTD. There are 57 ETFs in the Inverse Equities category with higher YTD returns, going as high as 9.13%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Short COIN Option Income Strategy ETF | 9.13% | 35.89M | Jul 2024 | SMST vs FIAT | |
| Direxion Daily NFLX Bear 1X Shares | 8.89% | 5.31M | Oct 2024 | SMST vs NFXS | |
| ProShares Short Financials | 7.71% | 15.40M | Jun 2008 | SMST vs SEF | |
| Direxion Daily MSFT Bear 1X Shares | 6.94% | 13.89M | Sep 2022 | SMST vs MSFD | |
| Direxion Daily PLTR Bear 1X Shares | 6.19% | 40.54M | Dec 2024 | SMST vs PLTD |
Lowest Volatility Alternatives to SMST
SMST has 140.31% 1-year volatility. There are 64 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| -1x Short VIX Mid-Term Futures Strategy ETF | 0.00% | 12.30M | Apr 2023 | SMST vs ZIVB | |
| ProShares Short S&P500 | 11.78% | 981.01M | Jun 2006 | SMST vs SH | |
| ProShares Short Dow30 | 12.07% | 108.72M | Jun 2006 | SMST vs DOG | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.09% | 213.79M | Jun 2016 | SMST vs SPDN | |
| YieldMax Short N100 Option Income Strategy ETF | 12.52% | 13.26M | Aug 2024 | SMST vs YQQQ |
Lowest Drawdown Alternatives to SMST
SMST has a 1-year max drawdown of -85.39%. There are 52 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 Financials | -9.72% | 15.40M | Jun 2008 | SMST vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 63.43M | Jan 2011 | SMST vs HDGE | |
| ProShares Decline of the Retail Store ETF | -14.00% | 3.01M | Nov 2017 | SMST vs EMTY | |
| ProShares Short Dow30 | -14.63% | 108.72M | Jun 2006 | SMST vs DOG |
Other ETFs from Defiance
The 10 most viewed Defiance ETFs shown here include QTUM, QQQY, MSTX and span 9 categories. AUM among these funds goes as high as $6B.
Often Compared With SMST
Investors most often compare SMST with MSTR, TSLZ, GGLS. 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