ProShares Ultra Semiconductors (USD) 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 USD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to USD
USD charges 0.95% annually. There are 100 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% | 44.22M | Mar 2026 | USD vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 49.31M | Sep 2021 | USD vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 257.66M | May 2014 | USD vs SPUU | |
| Leverage Shares 2X Long PLUG Daily ETF | 0.75% | — | Jan 2026 | USD vs PLUL | |
| Leverage Shares 2X Long VALE Daily ETF | 0.75% | — | Dec 2025 | USD vs VALG |
Best Risk-Adjusted Alternatives to USD
USD has a PortfoliosLab risk / return rank of 76. There are 23 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 99 | 6.16B | Oct 2024 | USD vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 923.53M | Nov 2024 | USD vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.82M | Apr 2021 | USD vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.50M | Apr 2021 | USD vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 97 | 509.42M | Feb 2025 | USD vs INTW |
Top Performing USD Alternatives (YTD)
USD is at 81.18% YTD. There are 35 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 857.58%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 857.58% | 162.40M | Feb 2025 | USD vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 640.02% | 6.16B | Oct 2024 | USD vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 619.42% | 923.53M | Nov 2024 | USD vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 438.70% | 101.49M | Nov 2025 | USD vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 438.59% | 509.42M | Feb 2025 | USD vs INTW |
Lowest Volatility Alternatives to USD
USD has 70.75% 1-year volatility. There are 191 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.76%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.76% | 22.82M | Apr 2021 | USD vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.21% | 20.50M | Apr 2021 | USD vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.39% | 13.45M | Jul 2021 | USD vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.51% | 20.95M | Jul 2021 | USD vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.54% | 69.49M | Apr 2021 | USD vs XDSQ |
Lowest Drawdown Alternatives to USD
USD has a 1-year max drawdown of -31.80%. There are 72 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.82M | Apr 2021 | USD vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 20.50M | Apr 2021 | USD vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.45M | Jul 2021 | USD vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 20.95M | Jul 2021 | USD vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.49M | Apr 2021 | USD vs XDSQ |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, QLD, BITO and span 10 categories. AUM among these funds goes as high as $37B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 50 | 42.86% | 37.04B | Feb 2010 | USD vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities | 52 | 30.96% | 14.15B | Jun 2006 | USD vs QLD | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 1 | -27.52% | 1.45B | Oct 2021 | USD vs BITO | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 52 | 25.19% | 5.47B | Jun 2009 | USD vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 55 | 18.15% | 8.13B | Jun 2006 | USD vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 33 | 9.33% | 11.63B | Oct 2013 | USD vs NOBL | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 1 | -42.24% | 2.09B | Feb 2010 | USD vs SQQQ | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 56 | 14.90% | 410.75M | Mar 2024 | USD vs IQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 1 | -33.76% | 216.19M | Oct 2011 | USD vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 1 | -55.85% | 362.31M | Apr 2024 | USD vs BITU |
Often Compared With USD
Investors most often compare USD with SOXL, SMH, QQQ. These 19 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare USD with Any Fund or Stock
Compare USD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair USD with funds that move differently
ProShares Ultra Semiconductors alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to USD.
Explore USD Diversifiers