T-REX 2X Long SMR Daily Target ETF (SMUP) 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 SMUP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SMUP
SMUP charges 1.50% annually. There are 393 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 | SMUP vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.98M | Sep 2021 | SMUP vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | 241.41M | May 2014 | SMUP vs SPUU | |
| Leverage Shares 2X Long IREN Daily ETF | 0.75% | 19.24M | Dec 2025 | SMUP vs IREG | |
| Direxion Daily Semiconductor Bull 3X ETF | 0.75% | 22.99B | Mar 2010 | SMUP vs SOXL |
Best Risk-Adjusted Alternatives to SMUP
Among 234 ETFs in the Leveraged Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 99 | 3.44B | Oct 2024 | SMUP vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 99 | 1.11B | Nov 2024 | SMUP vs MULL | |
| Innovator Growth Accelerated Plus ETF - April | 98 | 19.26M | Apr 2021 | SMUP vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.62M | Apr 2021 | SMUP vs XTAP | |
| Direxion Daily Semiconductor Bull 3X ETF | 97 | 22.99B | Mar 2010 | SMUP vs SOXL |
Top Performing SMUP Alternatives (YTD)
SMUP is at -56.52% YTD. There are 349 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 932.29%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long MRVL Daily ETF | 932.29% | 568.50M | Mar 2025 | SMUP vs MVLL | |
| Leverage Shares 2X Long ARM Daily ETF | 841.05% | 75.08M | Jan 2025 | SMUP vs ARMG | |
| Direxion Daily MU Bull 2X Shares | 798.37% | 3.44B | Oct 2024 | SMUP vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 774.91% | 1.11B | Nov 2024 | SMUP vs MULL | |
| GraniteShares 2x Long DELL Daily ETF | 758.72% | 101.08M | Feb 2025 | SMUP vs DLLL |
Lowest Volatility Alternatives to SMUP
SMUP has 203.27% 1-year volatility. There are 396 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.68%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.68% | 22.62M | Apr 2021 | SMUP vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 5.56% | 19.26M | Apr 2021 | SMUP vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.42% | 13.32M | Jul 2021 | SMUP vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 9.99% | 22.12M | Jul 2021 | SMUP vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.54% | 68.42M | Apr 2021 | SMUP vs XDSQ |
Lowest Drawdown Alternatives to SMUP
Among 236 ETFs in the Leveraged Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go 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 | SMUP vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -1.69% | 19.26M | Apr 2021 | SMUP vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.32M | Jul 2021 | SMUP vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 22.12M | Jul 2021 | SMUP vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.42M | Apr 2021 | SMUP vs XDSQ |
Other ETFs from T-Rex
The 10 most viewed T-Rex ETFs shown here include MSTU, TSLZ, TSLT and span 4 categories. AUM among these funds goes as high as $484M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T-Rex 2X Long MSTR Daily Target ETF | Leveraged Equities | 2 | -52.47% | 483.81M | Sep 2024 | SMUP vs MSTU | |
| T-Rex 2X Inverse Tesla Daily Target ETF | Inverse Equities | 3 | -3.24% | 40.28M | Oct 2023 | SMUP vs TSLZ | |
| T-Rex 2X Long Tesla Daily Target ETF | Leveraged Equities | 13 | -23.81% | 282.30M | Oct 2023 | SMUP vs TSLT | |
| T-Rex 2X Long Alphabet Daily Target ETF | Leveraged Bonds | 94 | 27.57% | 48.80M | Jan 2024 | SMUP vs GOOX | |
| T-Rex 2X Long Apple Daily Target ETF | Leveraged Equities | 62 | 22.31% | 13.21M | Jan 2024 | SMUP vs AAPX | |
| T-Rex 2X Inverse NVIDIA Daily Target ETF | Inverse Equities | 1 | -38.57% | 27.50M | Oct 2023 | SMUP vs NVDQ | |
| T-Rex 2X Long Microsoft Daily Target ETF | Leveraged Equities | 5 | -27.97% | — | Jan 2024 | SMUP vs MSFX | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | Cryptocurrency | 24 | 39.90% | — | Jul 2024 | SMUP vs BTCZ | |
| T-REX 2X Inverse CRCL Daily Target ETF | Inverse Equities | — | -88.04% | — | Sep 2025 | SMUP vs CRCD | |
| T-REX 2X Long TTD Daily Target ETF | Leveraged Equities | — | -76.51% | — | Sep 2025 | SMUP vs TTDU |
Often Compared With SMUP
Investors most often compare SMUP with TSMG, HOOG, HUTG. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare SMUP with Any Fund or Stock
Compare SMUP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SMUP with funds that move differently
T-REX 2X Long SMR Daily Target ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SMUP.
Explore SMUP Diversifiers