Direxion Daily TSLA Bear 1X Shares (TSLS) Alternatives
Direxion Daily TSLA Bear 1X Shares (TSLS) 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 TSLS. 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 TSLS
TSLS charges 1.07% annually. Among ETFs in the Inverse Equities category, these options have the lowest expense ratios among TSLS alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1x Shares | 0.50% | Jun 8, 2016 | TSLS vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | Mar 6, 2024 | TSLS vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | Nov 14, 2017 | TSLS vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | Nov 5, 2021 | TSLS vs SARK | |
| ProShares Short S&P500 | 0.90% | Jun 19, 2006 | TSLS vs SH |
Best Risk-Adjusted Alternatives to TSLS
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 | TSLS vs MSTZ | |
| AdvisorShares Ranger Equity Bear ETF | 17 | Jan 26, 2011 | TSLS vs HDGE | |
| ProShares Short Financials | 15 | Jun 12, 2008 | TSLS vs SEF | |
| Direxion Daily MSFT Bear 1X Shares | 12 | Sep 6, 2022 | TSLS vs MSFD | |
| ProShares Short FTSE China 50 | 10 | Mar 16, 2010 | TSLS vs YXI |
Top Performing TSLS Alternatives (YTD)
TSLS 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 | TSLS vs TSLQ | |
| GraniteShares 2x Short TSLA Daily ETF | 35.06% | Aug 21, 2023 | TSLS vs TSDD | |
| T-Rex 2X Inverse Tesla Daily Target ETF | 33.84% | Oct 18, 2023 | TSLS vs TSLZ | |
| MicroSectors Travel -3X Inverse Leveraged ETNs | 31.58% | Jun 22, 2022 | TSLS vs FLYD | |
| Direxion Daily MSFT Bear 1X Shares | 28.73% | Sep 6, 2022 | TSLS vs MSFD |
Lowest Volatility Alternatives to TSLS
TSLS 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 | TSLS vs SHRT | |
| ProShares Short Dow30 | 16.82% | Jun 19, 2006 | TSLS vs DOG | |
| YieldMax Short N100 Option Income Strategy ETF | 17.29% | Aug 14, 2024 | TSLS vs YQQQ | |
| ProShares Short S&P500 | 18.17% | Jun 19, 2006 | TSLS vs SH | |
| ProShares Short MSCI EAFE | 18.50% | Oct 23, 2007 | TSLS vs EFZ |
Lowest Drawdown Alternatives to TSLS
TSLS 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 | TSLS vs SHRT | |
| AdvisorShares Ranger Equity Bear ETF | -19.63% | Jan 26, 2011 | TSLS vs HDGE | |
| ProShares Short Financials | -20.21% | Jun 12, 2008 | TSLS vs SEF | |
| ProShares Short Dow30 | -22.70% | Jun 19, 2006 | TSLS vs DOG | |
| -1x Short VIX Mid-Term Futures Strategy ETF | -22.85% | Apr 17, 2023 | TSLS vs ZIVB |
Other ETFs from Direxion
Most popular Direxion ETFs on PortfoliosLab, across asset classes.
Often Compared With TSLS
What investors most often compare with TSLS, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Tesla, Inc. | 69 | -17.34% | — | TSLS vs TSLA | ||
| YieldMax TSLA Option Income Strategy ETF | Options Trading | 70 | -10.58% | Nov 22, 2022 | TSLS vs TSLY | |
| Vanguard S&P 500 ETF | S&P 500 | 65 | -4.42% | Sep 7, 2010 | TSLS vs VOO | |
| YieldMax Short TSLA Option Income Strategy ETF | Derivative Income, Inverse Equities | 4 | 20.49% | May 1, 2024 | TSLS vs CRSH | |
| GraniteShares YieldBOOST TSLA ETF | Derivative Income | 12 | -14.82% | Dec 17, 2024 | TSLS vs TSYY |
Compare TSLS with Any Fund or Stock
Compare TSLS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.