Direxion Daily S&P 500 Bear 3X Shares (SPXS) Alternatives
Direxion Daily S&P 500 Bear 3X Shares (SPXS) 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 SPXS. 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 SPXS
SPXS charges 1.08% annually. Among ETFs in the Inverse Equities category, these options have the lowest expense ratios among SPXS alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1x Shares | 0.50% | Jun 8, 2016 | SPXS vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | Mar 6, 2024 | SPXS vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | Nov 14, 2017 | SPXS vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | Nov 5, 2021 | SPXS vs SARK | |
| ProShares Short S&P500 | 0.90% | Jun 19, 2006 | SPXS vs SH |
Best Risk-Adjusted Alternatives to SPXS
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 | 20 | Sep 17, 2024 | SPXS vs MSTZ | |
| AdvisorShares Ranger Equity Bear ETF | 17 | Jan 26, 2011 | SPXS vs HDGE | |
| ProShares Short Financials | 15 | Jun 12, 2008 | SPXS vs SEF | |
| Direxion Daily MSFT Bear 1X Shares | 12 | Sep 6, 2022 | SPXS vs MSFD | |
| ProShares Short FTSE China 50 | 10 | Mar 16, 2010 | SPXS vs YXI |
Top Performing SPXS Alternatives (YTD)
SPXS alternatives from the Inverse Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| AXS TSLA Bear Daily ETF | 35.41% | Jul 13, 2022 | SPXS vs TSLQ | |
| GraniteShares 2x Short TSLA Daily ETF | 35.06% | Aug 21, 2023 | SPXS vs TSDD | |
| T-Rex 2X Inverse Tesla Daily Target ETF | 33.84% | Oct 18, 2023 | SPXS vs TSLZ | |
| MicroSectors Travel -3X Inverse Leveraged ETNs | 31.58% | Jun 22, 2022 | SPXS vs FLYD | |
| Direxion Daily MSFT Bear 1X Shares | 28.73% | Sep 6, 2022 | SPXS vs MSFD |
Lowest Volatility Alternatives to SPXS
SPXS 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 | SPXS vs SHRT | |
| ProShares Short Dow30 | 16.82% | Jun 19, 2006 | SPXS vs DOG | |
| YieldMax Short N100 Option Income Strategy ETF | 17.29% | Aug 14, 2024 | SPXS vs YQQQ | |
| ProShares Short S&P500 | 18.17% | Jun 19, 2006 | SPXS vs SH | |
| ProShares Short MSCI EAFE | 18.50% | Oct 23, 2007 | SPXS vs EFZ |
Lowest Drawdown Alternatives to SPXS
SPXS 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 | SPXS vs SHRT | |
| AdvisorShares Ranger Equity Bear ETF | -19.63% | Jan 26, 2011 | SPXS vs HDGE | |
| ProShares Short Financials | -20.21% | Jun 12, 2008 | SPXS vs SEF | |
| ProShares Short Dow30 | -22.70% | Jun 19, 2006 | SPXS vs DOG | |
| -1x Short VIX Mid-Term Futures Strategy ETF | -22.85% | Apr 17, 2023 | SPXS vs ZIVB |
Other ETFs from Direxion
Most popular Direxion ETFs on PortfoliosLab, across asset classes.
Often Compared With SPXS
What investors most often compare with SPXS, based on PortfoliosLab usage data.
Compare SPXS with Any Fund or Stock
Compare SPXS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.