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 31 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% | 233.44M | Jun 2016 | TSMZ vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 34.08M | Mar 2024 | TSMZ vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.01M | Nov 2017 | TSMZ vs EMTY | |
| Tuttle Capital Daily 2X Inverse Regional Banks ETF | 0.75% | 7.22M | Jan 2024 | TSMZ vs SKRE | |
| Tradr Short Innovation Daily ETF | 0.75% | 41.67M | Nov 2021 | TSMZ vs SARK |
Best Risk-Adjusted Alternatives to TSMZ
TSMZ has a PortfoliosLab risk / return rank of 1. There are 63 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 60.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 60 | 5.10M | Oct 2024 | TSMZ vs NFXS | |
| T-REX 2X Inverse MSTR Daily Target ETF | 60 | 96.16M | Sep 2024 | TSMZ vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 53 | 30.06M | Aug 2024 | TSMZ vs SMST | |
| YieldMax Short COIN Option Income Strategy ETF | 36 | 35.08M | Jul 2024 | TSMZ vs FIAT | |
| Direxion Daily MSFT Bear 1X Shares | 34 | 11.03M | Sep 2022 | TSMZ vs MSFD |
Top Performing TSMZ Alternatives (YTD)
TSMZ is at -35.32% YTD. There are 53 ETFs in the Inverse Equities category with higher YTD returns, going as high as 24.63%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily PLTR Bear 1X Shares | 24.63% | 40.54M | Dec 2024 | TSMZ vs PLTD | |
| Direxion Daily NFLX Bear 1X Shares | 22.86% | 5.10M | Oct 2024 | TSMZ vs NFXS | |
| Direxion Daily MSFT Bear 1X Shares | 21.66% | 11.03M | Sep 2022 | TSMZ vs MSFD | |
| Defiance Daily Target 2X Short PLTR ETF | 20.05% | 12.08M | Jun 2025 | TSMZ vs PLTZ | |
| Direxion Daily ORCL Bear 1X ETF | 18.11% | 11.74M | Nov 2025 | TSMZ vs ORCS |
Lowest Volatility Alternatives to TSMZ
TSMZ has 39.31% 1-year volatility. There are 33 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.36%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Short Dow30 | 12.36% | 98.54M | Jun 2006 | TSMZ vs DOG | |
| ProShares Short S&P500 | 12.47% | 869.15M | Jun 2006 | TSMZ vs SH | |
| Direxion Daily BRKB Bear 1X Shares | 12.50% | 2.34M | Dec 2024 | TSMZ vs BRKD | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.67% | 233.44M | Jun 2016 | TSMZ vs SPDN | |
| YieldMax Short N100 Option Income Strategy ETF | 13.82% | 14.88M | Aug 2024 | TSMZ vs YQQQ |
Lowest Drawdown Alternatives to TSMZ
TSMZ has a 1-year max drawdown of -56.52%. There are 42 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 FTSE China 50 | -12.04% | 4.73M | Mar 2010 | TSMZ vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 3.01M | Nov 2017 | TSMZ vs EMTY | |
| ProShares Short Financials | -14.12% | 13.41M | Jun 2008 | TSMZ vs SEF | |
| ProShares Short Dow30 | -15.02% | 98.54M | Jun 2006 | TSMZ vs DOG |
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 $25B.
Often Compared With TSMZ
Investors most often compare TSMZ with EWT, TSLS, HDGE. 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