Direxion Daily S&P 500 Bear 1x Shares (SPDN) Alternatives
Direxion Daily S&P 500 Bear 1x Shares (SPDN) 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 SPDN. 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 SPDN
SPDN charges 0.50% annually. Among ETFs in the Inverse Equities category, these options have the lowest expense ratios among SPDN alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | Mar 6, 2024 | SPDN vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | Nov 14, 2017 | SPDN vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | Nov 5, 2021 | SPDN vs SARK | |
| ProShares Short S&P500 | 0.90% | Jun 19, 2006 | SPDN vs SH | |
| MicroSectors Gold Miners -3X Inverse Leveraged ETN... | 0.95% | Dec 2, 2020 | SPDN vs GDXD |
Best Risk-Adjusted Alternatives to SPDN
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 | |
|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | 22 | Sep 17, 2024 | SPDN vs MSTZ | |
| AdvisorShares Ranger Equity Bear ETF | 16 | Jan 26, 2011 | SPDN vs HDGE | |
| ProShares Short Financials | 14 | Jun 12, 2008 | SPDN vs SEF | |
| Direxion Daily MSFT Bear 1X Shares | 13 | Sep 6, 2022 | SPDN vs MSFD | |
| ProShares Short FTSE China 50 | 10 | Mar 16, 2010 | SPDN vs YXI |
Top Performing SPDN Alternatives (YTD)
SPDN alternatives from the Inverse Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Direxion Daily MSFT Bear 1X Shares | 29.13% | Sep 6, 2022 | SPDN vs MSFD | |
| AXS TSLA Bear Daily ETF | 28.41% | Jul 13, 2022 | SPDN vs TSLQ | |
| GraniteShares 2x Short TSLA Daily ETF | 28.07% | Aug 21, 2023 | SPDN vs TSDD | |
| T-Rex 2X Inverse Tesla Daily Target ETF | 26.84% | Oct 18, 2023 | SPDN vs TSLZ | |
| MicroSectors Travel -3X Inverse Leveraged ETNs | 26.36% | Jun 22, 2022 | SPDN vs FLYD |
Lowest Volatility Alternatives to SPDN
SPDN alternatives from the Inverse Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Gotham Short Strategies ETF | 14.59% | Jul 31, 2017 | SPDN vs SHRT | |
| ProShares Short Dow30 | 16.80% | Jun 19, 2006 | SPDN vs DOG | |
| YieldMax Short N100 Option Income Strategy ETF | 17.32% | Aug 14, 2024 | SPDN vs YQQQ | |
| ProShares Short S&P500 | 18.18% | Jun 19, 2006 | SPDN vs SH | |
| ProShares Short MSCI EAFE | 18.52% | Oct 23, 2007 | SPDN vs EFZ |
Lowest Drawdown Alternatives to SPDN
SPDN alternatives from the Inverse Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Gotham Short Strategies ETF | -17.65% | Jul 31, 2017 | SPDN vs SHRT | |
| AdvisorShares Ranger Equity Bear ETF | -19.63% | Jan 26, 2011 | SPDN vs HDGE | |
| ProShares Short Financials | -20.21% | Jun 12, 2008 | SPDN vs SEF | |
| ProShares Short Dow30 | -22.70% | Jun 19, 2006 | SPDN vs DOG | |
| -1x Short VIX Mid-Term Futures Strategy ETF | -22.85% | Apr 17, 2023 | SPDN vs ZIVB |
Other ETFs from Direxion
Most popular Direxion ETFs on PortfoliosLab, across asset classes.
Often Compared With SPDN
What investors most often compare with SPDN, based on PortfoliosLab usage data.
Compare SPDN with Any Fund or Stock
Compare SPDN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.