SPXD.TO Alternatives & Similar ETFs

BetaPro S&P 500 -2x Daily Bear ETF (SPXD.TO) 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 SPXD.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Best Risk-Adjusted Alternatives to SPXD.TO

SPXD.TO has a PortfoliosLab risk / return rank of 1. There are 3 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 2.

Symbol	Name	Risk / Return Rank	AUM	Inception
GDXD.TO	BetaPro Canadian Gold Miners -2x Daily Bear ETF	2	—	Jun 2007	SPXD.TO vs GDXD.TO
NRGD.TO	BetaPro S&P/TSX Capped Energy -2x Daily Bear ETF	1	—	Jun 2007	SPXD.TO vs NRGD.TO
SPXI.TO	BetaPro S&P 500 Daily Inverse ETF	1	—	Feb 2010	SPXD.TO vs SPXI.TO
QQD.TO	BetaPro NASDAQ-100 -2x Daily Bear ETF	1	—	Jun 2008	SPXD.TO vs QQD.TO
CNDD.TO	BetaPro S&P/TSX 60 -2x Daily Bear ETF	0	—	Jan 2007	SPXD.TO vs CNDD.TO

Top Performing SPXD.TO Alternatives (YTD)

SPXD.TO is at -16.73% YTD. There are 3 ETFs in the Inverse Equities category with higher YTD returns, going as high as -8.32%.

Symbol	Name	YTD Return	AUM	Inception
SPXI.TO	BetaPro S&P 500 Daily Inverse ETF	-8.32%	—	Feb 2010	SPXD.TO vs SPXI.TO
CNDI.TO	BetaPro S&P/TSX 60 Daily Inverse ETF	-10.01%	—	Mar 2009	SPXD.TO vs CNDI.TO
QQI.TO	BetaPro Nasdaq-100 Daily Inverse ETF	-16.04%	—	Sep 2025	SPXD.TO vs QQI.TO
GDXD.TO	BetaPro Canadian Gold Miners -2x Daily Bear ETF	-18.91%	—	Jun 2007	SPXD.TO vs GDXD.TO
CNDD.TO	BetaPro S&P/TSX 60 -2x Daily Bear ETF	-19.97%	—	Jan 2007	SPXD.TO vs CNDD.TO

Lowest Volatility Alternatives to SPXD.TO

SPXD.TO has 25.07% 1-year volatility. There are 5 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.00%.

Symbol	Name	Volatility 1Y	AUM	Inception
CNDI.TO	BetaPro S&P/TSX 60 Daily Inverse ETF	12.00%	—	Mar 2009	SPXD.TO vs CNDI.TO
SPXI.TO	BetaPro S&P 500 Daily Inverse ETF	12.75%	—	Feb 2010	SPXD.TO vs SPXI.TO
QQI.TO	BetaPro Nasdaq-100 Daily Inverse ETF	20.26%	—	Sep 2025	SPXD.TO vs QQI.TO
CNDD.TO	BetaPro S&P/TSX 60 -2x Daily Bear ETF	24.08%	—	Jan 2007	SPXD.TO vs CNDD.TO
CFOD.TO	BetaPro S&P/TSX Capped Financials -2x Daily Bear E...	24.70%	—	Jun 2007	SPXD.TO vs CFOD.TO

Lowest Drawdown Alternatives to SPXD.TO

SPXD.TO has a 1-year max drawdown of -32.29%. There are 2 ETFs in the Inverse Equities category with shallower 1-year drawdowns, going as shallow as -17.10%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
SPXI.TO	BetaPro S&P 500 Daily Inverse ETF	-17.10%	—	Feb 2010	SPXD.TO vs SPXI.TO
CNDI.TO	BetaPro S&P/TSX 60 Daily Inverse ETF	-23.95%	—	Mar 2009	SPXD.TO vs CNDI.TO
CNDD.TO	BetaPro S&P/TSX 60 -2x Daily Bear ETF	-42.84%	—	Jan 2007	SPXD.TO vs CNDD.TO
QQD.TO	BetaPro NASDAQ-100 -2x Daily Bear ETF	-45.99%	—	Jun 2008	SPXD.TO vs QQD.TO
CFOD.TO	BetaPro S&P/TSX Capped Financials -2x Daily Bear E...	-55.77%	—	Jun 2007	SPXD.TO vs CFOD.TO

Other ETFs from Global X

The 10 most viewed Global X ETFs shown here include CASH.TO, CBIL.TO, QQCL.TO and span 10 categories. AUM among these funds goes as high as $7B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CASH.TO	Global X High Interest Savings ETF	Money Market	99	1.00%	6.62B	Nov 2021	SPXD.TO vs CASH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	1.03%	2.37B	Apr 2023	SPXD.TO vs CBIL.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	85	24.17%	369.69M	Oct 2023	SPXD.TO vs QQCL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	76	13.44%	7.01B	Nov 2010	SPXD.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Index Corporate Class ETF	Canada Equities	89	11.33%	5.34B	Sep 2010	SPXD.TO vs HXT.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Semiconductors, Technology Equities	94	74.01%	404.24M	Jun 2021	SPXD.TO vs CHPS.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Money Market	69	0.97%	1.92B	Feb 2020	SPXD.TO vs HSAV.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	31.79%	—	Jul 2023	SPXD.TO vs HBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	84	14.39%	246.61M	Jul 2023	SPXD.TO vs USCL.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	84	19.37%	717.89M	Sep 2011	SPXD.TO vs QQCC.TO

Compare SPXD.TO with Any Fund or Stock

Compare SPXD.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair SPXD.TO with funds that move differently

BetaPro S&P 500 -2x Daily Bear ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SPXD.TO.

Explore SPXD.TO Diversifiers

BetaPro S&P 500 -2x Daily Bear ETF (SPXD.TO) Alternatives