Inverse Equity ETFs
88 US-listed ETFs in the Inverse Equity category, from 12 issuers, with $8.9B in assets. The largest is ProShares UltraPro Short QQQ (SQQQ) at $2.0B. The cheapest with at least $50M in assets is SH at 0.89%. The median fund charges 0.95%.
Funds
88
12 issuers
Assets
$8.9B
Median fee
0.95%
0.30% to 1.49%
Median 1-year return
−28.4%
price return
Net flows, May 2026
+$1.6B
from SEC filings
Best 1-year return
+44.6%
YANG, $50M+ in assets
Net flows by month
through Jul 2026SEC filingsNet creations across these funds as reported in SEC filings. The most recent months only include funds that have filed for them; funds whose filing covers other share classes are left out.
View as a table
| Month | Creations | Redemptions | Net flow | Funds reporting |
|---|---|---|---|---|
| Jul 2026 | $1.9B | $2.3B | −$380M | 20 partial |
| Jun 2026 | $2.7B | $2.5B | +$146M | 21 partial |
| May 2026 | $6.9B | $5.3B | +$1.6B | 63 |
| Apr 2026 | $9.8B | $5.6B | +$4.1B | 63 |
| Mar 2026 | $7.6B | $7.4B | +$181M | 63 |
| Feb 2026 | $5.6B | $5.2B | +$423M | 63 |
| Jan 2026 | $3.6B | $2.9B | +$678M | 63 |
| Dec 2025 | $2.7B | $3.3B | −$580M | 63 |
| Nov 2025 | $4.5B | $5.7B | −$1.2B | 63 |
| Oct 2025 | $4.4B | $3.6B | +$833M | 63 |
| Sep 2025 | $3.7B | $1.9B | +$1.8B | 63 |
| Aug 2025 | $2.8B | $2.7B | +$70M | 60 |
| Jul 2025 | $3.4B | $2.4B | +$1.1B | 60 |
| Jun 2025 | $3.2B | $2.1B | +$1.1B | 60 |
| May 2025 | $4.9B | $2.9B | +$2.1B | 59 |
| Apr 2025 | $7.6B | $6.2B | +$1.5B | 59 |
| Mar 2025 | $4.3B | $4.8B | −$475M | 59 |
| Feb 2025 | $3.3B | $3.0B | +$372M | 59 |
| Jan 2025 | $4.2B | $4.0B | +$186M | 59 |
| Dec 2024 | $3.0B | $3.1B | −$120M | 59 |
| Nov 2024 | $2.7B | $3.9B | −$1.2B | 59 |
| Oct 2024 | $3.0B | $3.1B | −$151M | 59 |
| Sep 2024 | $3.8B | $2.3B | +$1.4B | 59 |
| Aug 2024 | $4.1B | $3.8B | +$308M | 59 |
| Jul 2024 | $3.4B | $4.1B | −$735M | 59 |
| Jun 2024 | $2.9B | $2.5B | +$383M | 59 |
| May 2024 | $5.5B | $4.3B | +$1.1B | 59 |
| Apr 2024 | $5.3B | $6.4B | −$1.1B | 58 |
| Mar 2024 | $3.8B | $3.7B | +$149M | 58 |
| Feb 2024 | $5.1B | $4.3B | +$832M | 57 |
| Jan 2024 | $6.8B | $8.1B | −$1.2B | 57 |
| Dec 2023 | $8.6B | $6.8B | +$1.9B | 57 |
| Nov 2023 | $11.2B | $9.4B | +$1.8B | 56 |
| Oct 2023 | $11.7B | $14.2B | −$2.6B | 56 |
| Sep 2023 | $7.4B | $7.2B | +$215M | 56 |
| Aug 2023 | $5.6B | $7.4B | −$1.7B | 56 |
All Inverse Equity ETFs
| # | Fund | Issuer | Fee | Assets | YTD | 1Y | Yield | 3M flow | Score | Holdings as of |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | SQQQProShares UltraPro Short QQQ−3x | ProShares | 0.95% | $2.0B | −51.9% | −54.4% | 9.88% | +$1.6B | 85 | Oct 9, 2026 issuer |
| 2 | SOXSDirexion Daily Semiconductor Bear 3X ETF−3x | Direxion | — | $1.9B | −94.5% | −95.8% | 2.33% | +$1.0B | 93 | Oct 9, 2026 issuer |
| 3 | SHProShares Short S&P500−1x | ProShares | 0.89% | $970M | −11.7% | −13.2% | 4.00% | +$50M | 88 | Oct 9, 2026 issuer |
| 4 | PSQProShares Short QQQ−1x | ProShares | 0.95% | $580M | −18.9% | −19.8% | 4.24% | +$144M | 80 | Oct 9, 2026 issuer |
| 5 | SPXUProShares UltraPro Short S&P 500−3x | ProShares | 0.89% | $398M | −34.0% | −37.6% | 6.63% | +$126M | 84 | Oct 9, 2026 issuer |
| 6 | SDSProShares UltraShort S&P500−2x | ProShares | 0.89% | $357M | −23.4% | −26.1% | 5.40% | +$147M | 83 | Oct 9, 2026 issuer |
| 7 | SPXSDirexion Daily S&P 500 Bear 3x ETF−3x | Direxion | — | $315M | −34.1% | −36.7% | 4.93% | +$110M | 80 | Oct 9, 2026 issuer |
| 8 | SPDNDirexion Daily S&P 500 Bear 1X ETF−1x | Direxion | — | $264M | −11.8% | −12.8% | 3.76% | +$70M | 79 | Oct 9, 2026 issuer |
| 9 | TZADirexion Daily Small Cap Bear 3x ETF−3x | Direxion | — | $235M | −37.3% | −39.3% | 1.31% | +$3.0M | 78 | Oct 9, 2026 issuer |
| 10 | QIDProShares UltraShort QQQ−2x | ProShares | 0.95% | $213M | −36.6% | −38.4% | 6.54% | +$26M | 76 | Oct 9, 2026 issuer |
| 11 | LABDDirexion Daily S&P Biotech Bear 3X ETF−3x | Direxion | — | $162M | −64.3% | −78.3% | 6.12% | +$16M | 76 | Oct 9, 2026 issuer |
| 12 | RWMProShares Short Russell2000−1x | ProShares | 0.95% | $155M | −12.2% | −12.9% | 3.32% | +$9.1M | 74 | Oct 9, 2026 issuer |
| 13 | SDOWProShares UltraPro Short Dow 30−3x | ProShares | — | $136M | −21.6% | −29.1% | 4.75% | +$7.2M | 74 | Oct 9, 2026 issuer |
| 14 | YANGDirexion Daily FTSE China Bear 3X ETF−3x | Direxion | — | $110M | +24.5% | +44.6% | 3.14% | −$32M | 61 | Oct 9, 2026 issuer |
| 15 | DOGProShares Short Dow30−1x | ProShares | 0.95% | $108M | −6.4% | −9.3% | 3.15% | −$17M | 73 | Oct 9, 2026 issuer |
| 16 | DUSTDirexion Daily Gold Miners Index Bear 2X ETF−2x | Direxion | — | $100M | −48.4% | −62.3% | 3.73% | −$56M | 66 | Oct 9, 2026 issuer |
| 17 | FAZDirexion Daily Financial Bear 3x ETF−3x | Direxion | — | $89M | −4.2% | −11.2% | 2.71% | +$246K | 64 | Oct 9, 2026 issuer |
| 18 | TWMProShares UltraShort Russell2000−2x | ProShares | 0.95% | $66M | −24.9% | −26.3% | 3.86% | +$7.3M | 64 | Oct 9, 2026 issuer |
| 19 | SRTYProShares UltraPro Short Russell2000−3x | ProShares | 0.95% | $66M | −37.4% | −40.3% | 5.83% | +$12M | 67 | Oct 9, 2026 issuer |
| 20 | TECSDirexion Daily Technology Bear 3x ETF−3x | Direxion | — | $66M | −71.3% | −71.9% | 1.75% | +$18M | 57 | Oct 9, 2026 issuer |
| 21 | ERYDirexion Daily Energy Bear 2X ETF−2x | Direxion | — | $49M | −57.4% | −58.6% | 3.63% | −$4.5M | 67 | Oct 9, 2026 issuer |
| 22 | JDSTDirexion Daily Junior Gold Miners Index Bear 2X ETF−2x | Direxion | — | $36M | −52.6% | −67.3% | 4.42% | −$26M | 51 | Oct 9, 2026 issuer |
| 23 | SSGProShares UltraShort Semiconductors−2x | ProShares | 0.95% | $36M | −65.6% | −69.1% | 8.40% | +$39M | 56 | Oct 9, 2026 issuer |
| 24 | EUOProShares UltraShort Euro−2x | ProShares | — | $36M | +14.2% | +12.9% | — | — | 22 | — |
| 25 | DUGProShares UltraShort Energy−2x | ProShares | 0.95% | $36M | −57.4% | −58.8% | 4.39% | +$19M | 53 | Oct 9, 2026 issuer |
| 26 | DXDProShares UltraShort Dow 30−2x | ProShares | 0.95% | $35M | −13.9% | −19.1% | 3.58% | −$12M | 65 | Oct 9, 2026 issuer |
| 27 | SARKInvestment Managers Series Trust II Tradr 1X Short Innovation Daily ETF−1xActive | Investment Managers Series | 1.00% | $34M | −22.1% | −11.8% | 3.62% | −$23M | 44 | Jun 30, 2026 SEC |
| 28 | DRVDirexion Daily Real Estate Bear 3X ETF−3x | Direxion | — | $31M | −16.4% | −11.9% | 2.99% | −$5.0M | 35 | Oct 9, 2026 issuer |
| 29 | EDZDirexion Daily MSCI Emerging Markets Bear 3X ETF−3x | Direxion | — | $29M | −59.4% | −61.6% | 5.93% | −$9.1M | 36 | Oct 9, 2026 issuer |
| 30 | QQQDDirexion Daily Magnificent 7 Bear 1X ETF−1x | Direxion | — | $28M | −11.3% | −14.4% | 3.60% | +$11M | 18 | Oct 9, 2026 issuer |
| 31 | YCSProShares UltraShort Yen−2x | ProShares | — | $27M | +7.1% | +14.8% | — | — | 22 | — |
| 32 | ZMUNThe RBB Fund, Inc. F/m Ultrashort Tax-Free Municipal ETF−2x | The RBB | 0.30% | $27M | −1.0% | −0.9% | 3.61% | +$16M | 48 | May 31, 2026 SEC |
| 33 | SPCGTradr 2X Short SpaceX Daily ETF−2xActive | Tradr | 1.49% | $26M | — | — | — | +$7.9M | 32 | Jul 31, 2026 SEC |
| 34 | HIBSDirexion Daily S&P 500 High Beta Bear 3X ETF−3x | Direxion | — | $20M | −68.2% | −72.7% | 5.24% | +$7.1M | 34 | Oct 9, 2026 issuer |
| 35 | SEFProShares Short Financials−1x | ProShares | 0.95% | $18M | +0.5% | −2.2% | 2.94% | +$4.5M | 42 | Oct 9, 2026 issuer |
| 36 | SRSProShares UltraShort Real Estate−2x | ProShares | 0.95% | $17M | −9.7% | −6.7% | 2.94% | −$406K | 44 | Oct 9, 2026 issuer |
| 37 | REKProShares Short Real Estate−1x | ProShares | 0.95% | $14M | −4.0% | −2.4% | 2.77% | +$1.1M | 41 | Oct 9, 2026 issuer |
| 38 | EUMProShares Trust Short MSCI Emerging Markets−1x | ProShares | 0.95% | $14M | −21.7% | −23.5% | 3.65% | +$2.6M | 43 | Oct 9, 2026 issuer |
| 39 | SKFProShares UltraShort Financials−2x | ProShares | 0.95% | $12M | −1.7% | −7.1% | 3.65% | +$2.7M | 42 | Oct 9, 2026 issuer |
| 40 | EPVProShares UltraShort FTSE Europe−2x | ProShares | 0.95% | $11M | −12.3% | −19.8% | 4.27% | +$6.3M | 38 | Oct 9, 2026 issuer |
| 41 | EFZProShares Trust Short MSCI EAFE−1x | ProShares | 0.95% | $10M | −8.7% | −11.0% | 2.91% | +$5.2M | 35 | Oct 9, 2026 issuer |
| 42 | SIJProShares UltraShort Industrials−2x | ProShares | 0.95% | $6.8M | −18.3% | −18.6% | 2.34% | +$1.9M | 34 | Oct 9, 2026 issuer |
| 43 | WEBSDirexion Daily Dow Jones Internet Bear 3X ETF−3x | Direxion | — | $6.2M | −37.8% | −29.1% | 4.64% | −$923K | 14 | Oct 9, 2026 issuer |
| 44 | SKRETuttle Capital Daily 2X Inverse Regional Banks ETF−2xActive | Tuttle Capital | 0.75% | $6.1M | −20.7% | −28.4% | 0.32% | +$2.2M | 48 | May 31, 2026 SEC |
| 45 | FXPProShares UltraShort FTSE China 50 of ProShares Trust−2x | ProShares | 0.95% | $5.5M | +18.1% | +30.9% | 2.34% | −$810K | 32 | Oct 9, 2026 issuer |
| 46 | AIBDDirexion Daily AI and Big Data Bear 2X ETF−2x | Direxion | — | $5.4M | −46.9% | −40.7% | 1.56% | +$3.5M | 8 | Oct 9, 2026 issuer |
| 47 | MZZProShares UltraShort MidCap400−2x | ProShares | 0.95% | $4.5M | −19.5% | −21.5% | 3.69% | $0 | 32 | Oct 9, 2026 issuer |
| 48 | SMNProShares UltraShort Materials−2x | ProShares | 0.95% | $4.3M | −19.2% | −21.7% | 2.04% | +$1.7M | 32 | Oct 9, 2026 issuer |
| 49 | YXIProShares Short FTSE China 50 of PROSHARES TRUST−1x | ProShares | 0.95% | $3.9M | +10.7% | +17.1% | 2.21% | +$1.3M | 32 | Oct 9, 2026 issuer |
| 50 | EWVProShares Trust UltraShort MSCI Japan−2x | ProShares | 0.95% | $3.9M | −37.8% | −41.0% | 5.18% | −$2.3M | 35 | Oct 9, 2026 issuer |
| 51 | SBBProShares Short SmallCap600−1x | ProShares | 0.95% | $3.9M | −12.8% | −13.8% | 2.47% | −$358K | 32 | Oct 9, 2026 issuer |
| 52 | REWProshares UltraShort Technology−2x | ProShares | 0.95% | $3.8M | −54.4% | −54.9% | 5.19% | −$361K | 40 | Oct 9, 2026 issuer |
| 53 | MYYProShares Short MidCap400−1x | ProShares | 0.95% | $3.4M | −10.1% | −11.0% | 3.47% | −$378K | 32 | Oct 9, 2026 issuer |
| 54 | SCCProShares UltraShort Consumer Discretionary−2x | ProShares | 0.95% | $3.2M | +7.9% | +4.1% | 2.64% | +$2.2M | 38 | Oct 9, 2026 issuer |
| 55 | RXDProShares UltraShort Health Care−2x | ProShares | 0.95% | $3.1M | −19.9% | −30.5% | 2.47% | +$3.4M | 33 | Oct 9, 2026 issuer |
| 56 | EEVProShares Trust UltraShort MSCI Emerging Markets−2x | ProShares | 0.95% | $2.7M | −43.5% | −46.1% | 7.46% | +$5.1M | 38 | Oct 9, 2026 issuer |
| 57 | TTXDDirexion Daily Technology Top 5 Bear 2X ETF−2x | Direxion | 0.97% | $2.5M | −57.9% | −51.5% | 6.66% | $0 | 29 | Oct 9, 2026 issuer |
| 58 | SMDDProShares UltraPro Short MidCap400−3x | ProShares | 0.95% | $2.2M | −30.1% | −32.6% | 3.85% | +$595K | 32 | Oct 9, 2026 issuer |
| 59 | BISProShares UltraShort NASDAQ Biotechnology−2x | ProShares | 0.95% | $1.9M | −39.2% | −51.4% | 3.88% | +$86K | 32 | Oct 9, 2026 issuer |
| 60 | BZQProShares UltraShort MSCI Brazil Capped−2x | ProShares | 0.95% | $1.8M | −56.8% | −65.7% | 7.87% | −$2.0M | 35 | Oct 9, 2026 issuer |
| 61 | SDDProShares UltraShort SmallCap600−2x | ProShares | 0.95% | $1.6M | −25.3% | −28.4% | 4.63% | +$398K | 32 | Oct 9, 2026 issuer |
| 62 | SDPProShares UltraShort Utilities−2x | ProShares | 0.95% | $1.4M | +2.0% | +13.1% | 2.42% | +$1.0M | 39 | Oct 9, 2026 issuer |
| 63 | EFUProShares Trust UltraShort MSCI EAFE−2x | ProShares | 0.95% | $1.2M | −18.7% | −23.9% | 4.12% | +$515K | 32 | Oct 9, 2026 issuer |
| 64 | TSXDDirexion Daily Semiconductors Top 5 Bear 2X ETF−2x | Direxion | 0.97% | $1.1M | −73.3% | −75.1% | 7.66% | +$1.4M | 32 | Oct 9, 2026 issuer |
| 65 | QQDNProShares Trust ProShares UltraShort QQQ Mega−2x | ProShares | 0.95% | $1.0M | −25.6% | −28.8% | 6.19% | $0 | 32 | Oct 9, 2026 issuer |
| 66 | SZKProShares UltraShort Consumer Staples−2x | ProShares | 0.95% | $741K | −18.3% | −18.4% | 5.16% | +$1.5M | 35 | Oct 9, 2026 issuer |
| 67 | AIQDMicroSectors -3x Short Artificial Intelligence (AI) ETNs−3xETN | MicroSectors | — | — | — | — | — | — | — | — |
| 68 | BERZMicroSectors FANG & Innovation -3x Inverse Leveraged ETN−3xETN | MicroSectors | — | — | −71.1% | −73.2% | — | — | — | — |
| 69 | BNKDMicroSectors U.S. Big Banks -3x Inverse Leveraged ETNs due February 17, 2045−3xETN | MicroSectors | — | — | −29.6% | −52.3% | — | — | — | — |
| 70 | BRZDMicroSectors -3x Short Brazil ETNs−3x | MicroSectors | — | — | — | — | — | — | — | — |
| 71 | CARDMAX Auto Industry -3x Inverse Leveraged ETN−3xETN | MAX | — | — | +6.7% | −6.5% | — | — | — | — |
| 72 | FLYDMicroSectors Travel -3x Inverse Leveraged ETN−3xETN | MicroSectors | — | — | −14.7% | −29.6% | — | — | — | — |
| 73 | FNGDMicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038−3xETN | MicroSectors | — | — | −56.5% | −53.0% | — | — | — | — |
| 74 | GDXDMicroSectors Gold Miners -3x Inverse Leveraged ETN−3xETN | MicroSectors | — | — | −75.2% | −86.2% | — | — | — | — |
| 75 | JETDMAX Airlines -3x Inverse Leveraged ETN−3xETN | MAX | — | — | −26.3% | −49.3% | — | — | — | — |
| 76 | JPNDMicroSectors -3x Short Japan ETNs−3x | MicroSectors | — | — | — | — | — | — | — | — |
| 77 | LOFDDirexion Daily SpaceX Bear 2X ETF−2x | Direxion | — | — | — | — | — | — | — | — |
| 78 | MNGBYorkville America 2X Inverse MANGOS Plus Daily Target ETF−2x | Yorkville | — | — | — | — | — | — | — | — |
| 79 | RAMZT-REX 2X Inverse DRAM Daily Target ETF−2xActive | T-REX | — | — | — | — | — | — | — | — |
| 80 | SKDDGraniteShares 2x Short SK Hynix Daily ETF−2xActive | GraniteShares | — | — | — | — | — | — | — | — |
| 81 | SKHNTradr 2X Short SK hynix Daily ETF−2xActive | Tradr | — | — | — | — | — | — | — | — |
| 82 | SKHQLeverage Shares 2X Short Sk Hynix Daily ETF−2xActive | Leverage Shares | — | — | — | — | — | — | — | — |
| 83 | SMHDMicroSectors -3x Short Semiconductor ETNs−3x | MicroSectors | — | — | — | — | — | — | — | — |
| 84 | SNKGraniteShares 2x Short SpaceX Daily ETF−2xActive | GraniteShares | — | — | — | — | — | — | — | — |
| 85 | TPEIMicroSectors -3x Short Taiwan ETNs−3x | MicroSectors | — | — | — | — | — | — | — | — |
| 86 | WTIDMicroSectors Energy -3x Inverse Leveraged ETNs−3xETN | MicroSectors | — | — | −79.6% | −80.1% | — | — | — | — |
| 87 | XLCDMicroSectors -3x Short Communication Services (XLC) ETNs−3x | MicroSectors | — | — | — | — | — | — | — | — |
| 88 | XLPDMicroSectors -3x Short Consumer Staples (XLP) ETNs−3x | MicroSectors | — | — | — | — | — | — | — | — |
Sorted by assets; click a column to re-sort. 3M flow is each fund's latest three reported months. Returns are price returns and exclude distributions.
Other Leveraged & Inverse categories
Leveraged Equity161Single-Stock Leveraged415Leveraged & Inverse Commodity25Leveraged & Inverse Crypto27Leveraged & Inverse Bond18Single-Stock Inverse57
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.