ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN (USML) Alternatives
ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN (USML) 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 USML. 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 USML
USML charges 0.95% annually. Among ETFs in the Leveraged Equities category, these options have the lowest expense ratios among USML alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | Sep 14, 2021 | USML vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | May 28, 2014 | USML vs SPUU | |
| Leverage Shares 2X Long NVDA Daily ETF | 0.75% | Dec 12, 2024 | USML vs NVDG | |
| Leverage Shares 2X Long AMD Daily ETF | 0.75% | Jan 24, 2025 | USML vs AMDG | |
| Leverage Shares 2X Long TSLA Daily ETF | 0.75% | Dec 12, 2024 | USML vs TSLG |
Best Risk-Adjusted Alternatives to USML
Among ETFs in the Leveraged 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 | |
|---|---|---|---|---|
| Direxion Daily South Korea Bull 3X Shares | 98 | Apr 10, 2013 | USML vs KORU | |
| Direxion Daily MU Bull 2X Shares | 98 | Oct 9, 2024 | USML vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | Nov 11, 2024 | USML vs MULL | |
| Direxion Daily GOOGL Bull 2X Shares | 96 | Sep 6, 2022 | USML vs GGLL | |
| Direxion Daily TSM Bull 2X Shares | 96 | Oct 3, 2024 | USML vs TSMX |
Top Performing USML Alternatives (YTD)
USML alternatives from the Leveraged Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 168.34% | Apr 9, 2019 | USML vs NRGU | |
| MicroSectors Energy 3X Leveraged ETN | 141.86% | Feb 16, 2023 | USML vs WTIU | |
| Leverage Shares 2X Long TER Daily ETF | 102.79% | Nov 17, 2025 | USML vs TERG | |
| Direxion Daily S&P Oil & Gas Exploration & Product... | 102.61% | Apr 1, 2020 | USML vs GUSH | |
| ProShares Ultra Oil & Gas | 85.56% | Jan 30, 2007 | USML vs DIG |
Lowest Volatility Alternatives to USML
USML alternatives from the Leveraged Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 14.33% | Apr 1, 2021 | USML vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 16.31% | Apr 1, 2021 | USML vs QTAP | |
| Roundhill BRKB WeeklyPay ETF | 17.95% | Jun 17, 2025 | USML vs BRKW | |
| Innovator US Equity Accelerated ETF | 17.99% | Apr 1, 2021 | USML vs XDSQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 18.18% | Jul 1, 2021 | USML vs XTJL |
Lowest Drawdown Alternatives to USML
USML alternatives from the Leveraged Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -11.83% | Apr 1, 2021 | USML vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -12.04% | Apr 1, 2021 | USML vs QTAP | |
| Innovator US Equity Accelerated ETF | -12.18% | Apr 1, 2021 | USML vs XDSQ | |
| Innovator Growth Accelerated ETF - Quarterly | -12.64% | Apr 1, 2021 | USML vs XDQQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -13.81% | Jul 1, 2021 | USML vs XTJL |
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Often Compared With USML
What investors most often compare with USML, based on PortfoliosLab usage data.
Compare USML with Any Fund or Stock
Compare USML with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.