Direxion Daily TSM Bear 1X Shares (TSMZ) 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 TSMZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TSMZ
TSMZ charges 0.98% annually. There are 29 ETFs in the Inverse Equities category with lower expense ratios, going as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1x Shares | 0.50% | 221.57M | Jun 2016 | TSMZ vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 32.11M | Mar 2024 | TSMZ vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.03M | Nov 2017 | TSMZ vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 47.36M | Nov 2021 | TSMZ vs SARK | |
| ProShares Short S&P500 | 0.89% | 1.09B | Jun 2006 | TSMZ vs SH |
Best Risk-Adjusted Alternatives to TSMZ
TSMZ has a PortfoliosLab risk / return rank of 0. There are 58 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 48.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 48 | 4.56M | Oct 2024 | TSMZ vs NFXS | |
| -1x Short VIX Futures ETF | 34 | 215.09M | Mar 2022 | TSMZ vs SVIX | |
| Direxion Daily MSFT Bear 1X Shares | 30 | 8.89M | Sep 2022 | TSMZ vs MSFD | |
| T-REX 2X Inverse MSTR Daily Target ETF | 30 | 92.68M | Sep 2024 | TSMZ vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 27 | 33.15M | Aug 2024 | TSMZ vs SMST |
Top Performing TSMZ Alternatives (YTD)
TSMZ is at -38.97% YTD. There are 55 ETFs in the Inverse Equities category with higher YTD returns, going as high as 42.40%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Defiance Daily Target 2X Short PLTR ETF | 42.40% | 16.93M | Jun 2025 | TSMZ vs PLTZ | |
| Direxion Daily PLTR Bear 1X Shares | 33.88% | 40.54M | Dec 2024 | TSMZ vs PLTD | |
| Direxion Daily MSFT Bear 1X Shares | 28.14% | 8.89M | Sep 2022 | TSMZ vs MSFD | |
| Direxion Daily NFLX Bear 1X Shares | 24.10% | 4.56M | Oct 2024 | TSMZ vs NFXS | |
| ProShares Short FTSE China 50 | 14.28% | 4.77M | Mar 2010 | TSMZ vs YXI |
Lowest Volatility Alternatives to TSMZ
TSMZ has 37.56% 1-year volatility. There are 34 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.40%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Short S&P500 | 12.40% | 1.09B | Jun 2006 | TSMZ vs SH | |
| ProShares Short Dow30 | 12.47% | 112.04M | Jun 2006 | TSMZ vs DOG | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.59% | 221.57M | Jun 2016 | TSMZ vs SPDN | |
| Direxion Daily BRKB Bear 1X Shares | 13.04% | 2.34M | Dec 2024 | TSMZ vs BRKD | |
| Gotham Short Strategies ETF | 13.47% | 12.30M | Jul 2017 | TSMZ vs SHRT |
Lowest Drawdown Alternatives to TSMZ
TSMZ has a 1-year max drawdown of -59.01%. There are 39 ETFs in the Inverse Equities category with shallower 1-year drawdowns, going as shallow as -9.34%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | -9.34% | 2.34M | Dec 2024 | TSMZ vs BRKD | |
| ProShares Short Financials | -11.14% | 14.07M | Jun 2008 | TSMZ vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 67.03M | Jan 2011 | TSMZ vs HDGE | |
| ProShares Short FTSE China 50 | -13.05% | 4.77M | Mar 2010 | TSMZ vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 3.03M | Nov 2017 | TSMZ vs EMTY |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SOXL, SPXL, TECL and span 8 categories. AUM among these funds goes as high as $28B.
Often Compared With TSMZ
Investors most often compare TSMZ with EWT, TSLQ, TSLS. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare TSMZ with Any Fund or Stock
Compare TSMZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TSMZ with funds that move differently
Direxion Daily TSM Bear 1X Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TSMZ.
Explore TSMZ Diversifiers