Defiance Daily Target 2X Short TSM ETF (STSM) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with STSM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to STSM
STSM charges 1.31% annually. There are 376 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 43.76M | Mar 2026 | STSM vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.07M | Sep 2021 | STSM vs IFED | |
| Corgi BRKB 2x Daily ETF | 0.45% | — | Jul 2026 | STSM vs BRKL | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 248.03M | May 2014 | STSM vs SPUU | |
| Leverage Shares 2X Long AMD Daily ETF | 0.75% | 33.58M | Jan 2025 | STSM vs AMDG |
Best Risk-Adjusted Alternatives to STSM
Among 282 ETFs in the Leveraged Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | 5.63B | Oct 2024 | STSM vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 750.99M | Nov 2024 | STSM vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.69M | Apr 2021 | STSM vs XTAP | |
| GraniteShares 2x Long INTC Daily ETF | 96 | 404.11M | Feb 2025 | STSM vs INTW | |
| Innovator Growth Accelerated Plus ETF - April | 96 | 20.17M | Apr 2021 | STSM vs QTAP |
Top Performing STSM Alternatives (YTD)
STSM is at -53.71% YTD. There are 294 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 500.49%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 500.49% | 129.06M | Feb 2025 | STSM vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 291.86% | 5.63B | Oct 2024 | STSM vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 281.03% | 750.99M | Nov 2024 | STSM vs MULL | |
| Leverage Shares 2X Long OSCR Daily ETF | 246.19% | 1.25M | Nov 2025 | STSM vs OSCG | |
| Defiance Daily Target 2X Long OSCR ETF | 202.32% | 9.60M | Sep 2025 | STSM vs OSCX |
Lowest Volatility Alternatives to STSM
STSM has 84.09% 1-year volatility. There are 231 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.88% | 22.69M | Apr 2021 | STSM vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.44% | 20.17M | Apr 2021 | STSM vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.64% | 13.25M | Jul 2021 | STSM vs XTJL | |
| Innovator US Equity Accelerated ETF | 10.80% | 69.34M | Apr 2021 | STSM vs XDSQ | |
| Innovator Growth Accelerated Plus ETF - July | 11.24% | 20.96M | Jul 2021 | STSM vs QTJL |
Lowest Drawdown Alternatives to STSM
Among 282 ETFs in the Leveraged Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.69M | Apr 2021 | STSM vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.81% | 20.17M | Apr 2021 | STSM vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.25M | Jul 2021 | STSM vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -8.48% | 20.96M | Jul 2021 | STSM vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.34M | Apr 2021 | STSM vs XDSQ |
Other ETFs from Defiance
The 10 most viewed Defiance ETFs shown here include QTUM, QQQY, MSTX and span 12 categories. AUM among these funds goes as high as $5B.
Often Compared With STSM
Investors most often compare STSM with LINT, MPG, PLUL. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare STSM with Any Fund or Stock
Compare STSM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair STSM with funds that move differently
Defiance Daily Target 2X Short TSM ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to STSM.
Explore STSM Diversifiers