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 75 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% | 233.44M | Jun 2016 | SMZ vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 34.08M | 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% | 41.67M | Nov 2021 | SMZ vs SARK | |
| Tuttle Capital Daily 2X Inverse Regional Banks ETF | 0.75% | 7.22M | Jan 2024 | SMZ vs SKRE |
Best Risk-Adjusted Alternatives to SMZ
Among 67 ETFs in the Inverse Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 60.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 60 | 5.10M | Oct 2024 | SMZ vs NFXS | |
| T-REX 2X Inverse MSTR Daily Target ETF | 60 | 96.16M | Sep 2024 | SMZ vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 53 | 30.06M | Aug 2024 | SMZ vs SMST | |
| YieldMax Short COIN Option Income Strategy ETF | 36 | 35.08M | Jul 2024 | SMZ vs FIAT | |
| Direxion Daily MSFT Bear 1X Shares | 34 | 11.03M | Sep 2022 | SMZ vs MSFD |
Top Performing SMZ Alternatives (YTD)
Among 81 ETFs in the Inverse Equities category with YTD return data, the top-performing alternatives shown here go as high as 24.63%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily PLTR Bear 1X Shares | 24.63% | 40.54M | Dec 2024 | SMZ vs PLTD | |
| Direxion Daily NFLX Bear 1X Shares | 22.86% | 5.10M | Oct 2024 | SMZ vs NFXS | |
| Direxion Daily MSFT Bear 1X Shares | 21.66% | 11.03M | Sep 2022 | SMZ vs MSFD | |
| Defiance Daily Target 2X Short PLTR ETF | 20.05% | 12.08M | Jun 2025 | SMZ vs PLTZ | |
| Direxion Daily ORCL Bear 1X ETF | 18.11% | 11.74M | Nov 2025 | SMZ vs ORCS |
Lowest Volatility Alternatives to SMZ
SMZ has 187.85% 1-year volatility. There are 78 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.36%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Short Dow30 | 12.36% | 98.54M | Jun 2006 | SMZ vs DOG | |
| ProShares Short S&P500 | 12.47% | 869.15M | Jun 2006 | SMZ vs SH | |
| Direxion Daily BRKB Bear 1X Shares | 12.50% | 2.34M | Dec 2024 | SMZ vs BRKD | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.67% | 233.44M | Jun 2016 | SMZ vs SPDN | |
| YieldMax Short N100 Option Income Strategy ETF | 13.82% | 14.88M | Aug 2024 | SMZ vs YQQQ |
Lowest Drawdown Alternatives to SMZ
Among 67 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 FTSE China 50 | -12.04% | 4.73M | Mar 2010 | SMZ vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 3.01M | Nov 2017 | SMZ vs EMTY | |
| ProShares Short Financials | -14.12% | 13.41M | Jun 2008 | SMZ vs SEF | |
| ProShares Short Dow30 | -15.02% | 98.54M | Jun 2006 | SMZ vs DOG |
Other ETFs from Tradr
The 10 most viewed Tradr ETFs shown here include TSLQ, SNXX, LITX and span 2 categories. AUM among these funds goes as high as $4B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Tradr 2X Short TSLA Daily ETF | Inverse Equities | 3 | -6.50% | 104.25M | Jul 2022 | SMZ vs TSLQ | |
| Tradr 2X Long SNDK Daily ETF | Leveraged Equities | — | — | 4.42B | Jan 2026 | SMZ vs SNXX | |
| Tradr 2X Long LITE Daily ETF | Leveraged Equities | — | — | 325.84M | Jan 2026 | SMZ vs LITX | |
| Tradr 2X Long LRCX Daily ETF | Leveraged Equities | — | 212.33% | — | Aug 2025 | SMZ vs LRCU | |
| Tradr 2X Long ASTS Daily ETF | Leveraged Equities | — | -54.99% | — | Jul 2025 | SMZ vs ASTX | |
| Tradr 2X Long ACHR Daily ETF | Leveraged Equities | 2 | -70.58% | 6.08M | Jun 2025 | SMZ vs ARCX | |
| Tradr 2X Long Triple Q Quarterly ETF | Leveraged Equities | 51 | 28.90% | — | Sep 2024 | SMZ vs QQQP | |
| Tradr 2X Long APP Daily ETF | Leveraged Equities | 16 | -63.93% | 84.82M | Apr 2025 | SMZ vs APPX | |
| Tradr 2X Long AAOI Daily ETF | Leveraged Equities | — | — | — | Mar 2026 | SMZ vs AAOX | |
| Tradr 2X Long RGTI Daily ETF | Leveraged Equities | 12 | -69.33% | — | Jun 2025 | SMZ vs RGTU |
Often Compared With SMZ
Investors most often compare SMZ with CARD, UPSX, ZIVB. These 9 comparison targets span 3 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 | 5 | -7.50% | 1.56M | Jun 2023 | SMZ vs CARD | |
| Tradr 2X Long UPST Daily ETF | Leveraged Equities | 2 | -61.19% | — | Jun 2025 | SMZ vs UPSX | |
| -1x Short VIX Mid-Term Futures Strategy ETF | Inverse Equities | — | — | 12.30M | Apr 2023 | SMZ vs ZIVB | |
| AdvisorShares Ranger Equity Bear ETF | Inverse Equities | 11 | 0.06% | 64.16M | Jan 2011 | SMZ vs HDGE | |
| MicroSectors Travel -3X Inverse Leveraged ETNs | Inverse Equities | 5 | -28.20% | 5.33M | Jun 2022 | SMZ vs FLYD | |
| Gotham Short Strategies ETF | Inverse Equities | 1 | -15.63% | 12.30M | Jul 2017 | SMZ vs SHRT | |
| -1x Short VIX Futures ETF | Volatility, Inverse Equities | 31 | 2.64% | 198.28M | Mar 2022 | SMZ vs SVIX | |
| Tradr 2X Long NVTS Daily ETF | Leveraged Equities | — | 26.38% | — | Sep 2025 | SMZ vs NVTX | |
| GraniteShares 2x Short MSTR Daily ETF | Inverse Equities | — | — | 1.91M | Jun 2025 | SMZ vs MSDD |
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