MicroSectors Energy -3X Inverse Leveraged ETN (WTID) 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 WTID. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to WTID
WTID charges 0.95% annually. There are 7 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% | 230.47M | Jun 2016 | WTID vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 35.32M | Mar 2024 | WTID vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 2.94M | Nov 2017 | WTID vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 46.76M | Nov 2021 | WTID vs SARK | |
| Tuttle Capital Daily 2X Inverse Regional Banks ETF | 0.75% | 7.22M | Jan 2024 | WTID vs SKRE |
Best Risk-Adjusted Alternatives to WTID
WTID has a PortfoliosLab risk / return rank of 1. There are 55 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 49.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 49 | 4.71M | Oct 2024 | WTID vs NFXS | |
| T-REX 2X Inverse MSTR Daily Target ETF | 46 | 97.46M | Sep 2024 | WTID vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 40 | 28.39M | Aug 2024 | WTID vs SMST | |
| -1x Short VIX Futures ETF | 37 | 195.06M | Mar 2022 | WTID vs SVIX | |
| YieldMax Short COIN Option Income Strategy ETF | 35 | 36.86M | Jul 2024 | WTID vs FIAT |
Top Performing WTID Alternatives (YTD)
WTID is at -67.32% YTD. There are 70 ETFs in the Inverse Equities category with higher YTD returns, going as high as 38.93%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Tradr 2X Short TSLA Daily ETF | 38.93% | 110.91M | Jul 2022 | WTID vs TSLQ | |
| GraniteShares 2x Short TSLA Daily ETF | 37.39% | 33.39M | Aug 2023 | WTID vs TSDD | |
| T-Rex 2X Inverse Tesla Daily Target ETF | 35.10% | 34.80M | Oct 2023 | WTID vs TSLZ | |
| Direxion Daily TSLA Bear 1X ETF | 28.69% | 81.35M | Aug 2022 | WTID vs TSLS | |
| Direxion Daily PLTR Bear 1X Shares | 24.17% | 40.54M | Dec 2024 | WTID vs PLTD |
Lowest Volatility Alternatives to WTID
WTID has 69.15% 1-year volatility. There are 49 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.26%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | 12.26% | 2.34M | Dec 2024 | WTID vs BRKD | |
| ProShares Short Dow30 | 12.57% | 100.13M | Jun 2006 | WTID vs DOG | |
| ProShares Short S&P500 | 12.78% | 927.71M | Jun 2006 | WTID vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.94% | 230.47M | Jun 2016 | WTID vs SPDN | |
| Gotham Short Strategies ETF | 14.19% | 12.30M | Jul 2017 | WTID vs SHRT |
Lowest Drawdown Alternatives to WTID
WTID has a 1-year max drawdown of -76.06%. There are 57 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 | WTID vs BRKD | |
| ProShares Short FTSE China 50 | -13.55% | 4.55M | Mar 2010 | WTID vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 2.94M | Nov 2017 | WTID vs EMTY | |
| ProShares Short Dow30 | -14.32% | 100.13M | Jun 2006 | WTID vs DOG | |
| Direxion Daily S&P 500 Bear 1x Shares | -15.93% | 230.47M | Jun 2016 | WTID vs SPDN |
Other ETFs from REX
The 10 most viewed REX ETFs shown here include FEPI, AIPI, NVDX and span 6 categories. AUM among these funds goes as high as $651M.
Often Compared With WTID
Investors most often compare WTID with USO, SCO, SEF. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare WTID with Any Fund or Stock
Compare WTID with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair WTID with funds that move differently
MicroSectors Energy -3X Inverse Leveraged ETN alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to WTID.
Explore WTID Diversifiers