Tradr 2X Short SMR Daily ETF (SMZ) 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 SMZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SMZ
SMZ charges 1.49% annually. There are 69 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 | SMZ vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 27.70M | Mar 2024 | SMZ vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.01M | Nov 2017 | SMZ vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 56.18M | Nov 2021 | SMZ vs SARK | |
| ProShares Short S&P500 | 0.90% | 981.01M | Jun 2006 | SMZ vs SH |
Best Risk-Adjusted Alternatives to SMZ
Among 59 ETFs in the Inverse Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 39.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 39 | 5.31M | Oct 2024 | SMZ vs NFXS | |
| T-REX 2X Inverse MSTR Daily Target ETF | 27 | 118.12M | Sep 2024 | SMZ vs MSTZ | |
| Volatility Shares -1x Short VIX Futures ETF | 26 | 215.09M | Mar 2022 | SMZ vs SVIX | |
| Defiance Daily Target 2X Short MSTR ETF | 24 | 30.99M | Aug 2024 | SMZ vs SMST | |
| Direxion Daily MSFT Bear 1X Shares | 17 | 13.89M | Sep 2022 | SMZ vs MSFD |
Top Performing SMZ Alternatives (YTD)
Among 76 ETFs in the Inverse Equities category with YTD return data, the top-performing alternatives shown here go as high as 19.82%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Short COIN Option Income Strategy ETF | 19.82% | 35.89M | Jul 2024 | SMZ vs FIAT | |
| Direxion Daily PLTR Bear 1X Shares | 18.58% | 40.54M | Dec 2024 | SMZ vs PLTD | |
| Defiance Daily Target 2X Short PLTR ETF | 14.08% | 15.00M | Jun 2025 | SMZ vs PLTZ | |
| Direxion Daily MSFT Bear 1X Shares | 13.15% | 13.89M | Sep 2022 | SMZ vs MSFD | |
| AXS TSLA Bear Daily ETF | 11.62% | 134.23M | Jul 2022 | SMZ vs TSLQ |
Lowest Volatility Alternatives to SMZ
SMZ has 191.86% 1-year volatility. There are 73 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 | SMZ vs ZIVB | |
| ProShares Short S&P500 | 12.10% | 981.01M | Jun 2006 | SMZ vs SH | |
| ProShares Short Dow30 | 12.32% | 108.72M | Jun 2006 | SMZ vs DOG | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.37% | 213.79M | Jun 2016 | SMZ vs SPDN | |
| YieldMax Short N100 Option Income Strategy ETF | 12.75% | 13.26M | Aug 2024 | SMZ vs YQQQ |
Lowest Drawdown Alternatives to SMZ
Among 59 ETFs in the Inverse Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -9.34%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | -9.34% | 2.34M | Dec 2024 | SMZ vs BRKD | |
| ProShares Short Financials | -9.72% | 15.40M | Jun 2008 | SMZ vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 63.43M | Jan 2011 | SMZ vs HDGE | |
| ProShares Decline of the Retail Store ETF | -14.00% | 3.01M | Nov 2017 | SMZ vs EMTY | |
| ProShares Short FTSE China 50 | -14.21% | 4.57M | Mar 2010 | SMZ vs YXI |
Other ETFs from Tradr
The 10 most viewed Tradr ETFs shown here include SNXX, LITX, LRCU and span 1 categories. AUM among these funds goes as high as $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Tradr 2X Long SNDK Daily ETF | Leveraged Equities | — | — | 2.59B | Jan 2026 | SMZ vs SNXX | |
| Tradr 2X Long LITE Daily ETF | Leveraged Equities | — | — | 457.92M | Jan 2026 | SMZ vs LITX | |
| Tradr 2X Long LRCX Daily ETF | Leveraged Equities | — | 158.50% | — | Aug 2025 | SMZ vs LRCU | |
| Tradr 2X Long ACHR Daily ETF | Leveraged Equities | — | -57.42% | 12.55M | Jun 2025 | SMZ vs ARCX | |
| Tradr 2X Long ASTS Daily ETF | Leveraged Equities | — | -14.76% | — | Jul 2025 | SMZ vs ASTX | |
| Tradr 2X Long Triple Q Quarterly ETF | Leveraged Equities | 54 | 24.17% | — | Sep 2024 | SMZ vs QQQP | |
| Tradr 2X Long APP Daily ETF | Leveraged Equities | 13 | -54.00% | 211.92M | Apr 2025 | SMZ vs APPX | |
| Tradr 2X Long RGTI Daily ETF | Leveraged Equities | — | -48.36% | — | Jun 2025 | SMZ vs RGTU | |
| Tradr 2X Long NVTS Daily ETF | Leveraged Equities | — | 407.23% | — | Sep 2025 | SMZ vs NVTX | |
| Tradr 2X Long AAOI Daily ETF | Leveraged Equities | — | — | — | Mar 2026 | SMZ vs AAOX |
Often Compared With SMZ
Investors most often compare SMZ with CARD, SHRT, UPSX. These 4 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Max Auto Industry -3X Inverse Leveraged ETN | Inverse Equities | 4 | 2.62% | 1.30M | Jun 2023 | SMZ vs CARD | |
| Gotham Short Strategies ETF | Inverse Equities | 0 | -15.80% | 12.30M | Jul 2017 | SMZ vs SHRT | |
| Tradr 2X Long UPST Daily ETF | Leveraged Equities | — | -66.36% | — | Jun 2025 | SMZ vs UPSX | |
| MicroSectors Travel -3X Inverse Leveraged ETNs | Inverse Equities | 4 | -10.89% | 1.38M | Jun 2022 | SMZ vs FLYD |
Compare SMZ with Any Fund or Stock
Compare SMZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SMZ with funds that move differently
Tradr 2X Short SMR Daily ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SMZ.
Explore SMZ Diversifiers