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 364 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% | 39.20M | Mar 2026 | STSM vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.90M | Sep 2021 | STSM vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 253.77M | May 2014 | STSM vs SPUU | |
| Leverage Shares 2X Long XPEV Daily ETF | 0.75% | 1.46M | Jan 2026 | STSM vs XPEG | |
| Leverage Shares 2X Long FCX Daily ETF | 0.75% | 3.03M | Feb 2026 | STSM vs FCXG |
Best Risk-Adjusted Alternatives to STSM
Among 260 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 | |
|---|---|---|---|---|---|
| GraniteShares 2x Long MU Daily ETF | 98 | 1.10B | Nov 2024 | STSM vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.70M | Apr 2021 | STSM vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.30M | Apr 2021 | STSM vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 97 | 587.09M | Feb 2025 | STSM vs INTW | |
| GraniteShares 2x Long DELL Daily ETF | 96 | 124.87M | Feb 2025 | STSM vs DLLL |
Top Performing STSM Alternatives (YTD)
STSM is at -65.26% YTD. There are 337 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 835.61%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 835.61% | 124.87M | Feb 2025 | STSM vs DLLL | |
| GraniteShares 2x Long MU Daily ETF | 638.10% | 1.10B | Nov 2024 | STSM vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 493.39% | 121.06M | Nov 2025 | STSM vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 492.72% | 587.09M | Feb 2025 | STSM vs INTW | |
| Leverage Shares 2X Long ARM Daily ETF | 477.37% | 101.72M | Jan 2025 | STSM vs ARMG |
Lowest Volatility Alternatives to STSM
STSM has 83.91% 1-year volatility. There are 228 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.77%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.77% | 22.70M | Apr 2021 | STSM vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.18% | 20.30M | Apr 2021 | STSM vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.37% | 13.30M | Jul 2021 | STSM vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.36% | 21.57M | Jul 2021 | STSM vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.52% | 68.58M | Apr 2021 | STSM vs XDSQ |
Lowest Drawdown Alternatives to STSM
Among 260 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% | 22.70M | Apr 2021 | STSM vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 20.30M | Apr 2021 | STSM vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.30M | Jul 2021 | STSM vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 21.57M | Jul 2021 | STSM vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.58M | Apr 2021 | STSM vs XDSQ |
Other ETFs from Defiance
The 10 most viewed Defiance ETFs shown here include QTUM, QQQY, MSTX and span 10 categories. AUM among these funds goes as high as $6B.
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