How many trading--inverse commodities ETFs are there?

MetaCap tracks 6 US-listed trading--inverse commodities ETFs with about $1.5B in combined assets.

What is the largest trading--inverse commodities ETF?

ProShares UltraShort Bloomberg Crude Oil (SCO) is the largest, with about $1.0B in assets under management.

Which Trading--Inverse Commodities ETF has the lowest expense ratio?

Among the funds shown, MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD) has the lowest expense ratio at 0.95% per year, or $95 a year on a $10,000 investment.

What does AUM mean for an ETF?

Assets under management (AUM) is the total market value of everything the fund holds. Larger ETFs tend to have tighter bid-ask spreads and more trading volume, but size alone does not make a fund a better investment.

Trading--Inverse Commodities ETFs

6 trading--inverse commodities ETFs ranked by assets under management. Updated October 9, 2026.

Total assets

$1.5B

MetaCap lists 6 US-listed ETFs in the Trading--Inverse Commodities category, holding a combined $1.5B in assets. The largest by assets are SCO ($1.0B), GDXD ($155.7M) and KOLD ($123.1M). Expense ratios range from 0.95% to 1.43% (median 1.26%); GDXD is the lowest-cost fund shown at 0.95% a year. On the latest trading day, 2 of 5 funds were higher, with an average move of -1.12%.

Summary generated from market data by MetaCap's automated system. Methodology

Largest trading--inverse commodities ETFs by assets

Trading--Inverse Commodities ETFs by assets under management
#	Symbol	Fund Name	Price	% Change	AUM	Expense Ratio
1	SCO	ProShares UltraShort Bloomberg Crude Oil	18.52	-4.44%	$1.02B	1.10%
2	GDXD	MicroSectors Gold Miners -3X Inverse Leveraged ETNs	23.10	-4.55%	$155.68M	0.95%
3	KOLD	ProShares UltraShort Bloomberg Natural Gas	25.68	+3.38%	$123.08M	1.43%
4	GLL	ProShares UltraShort Gold	25.27	-1.48%	$108.18M	1.26%
5	ZSL	ProShares UltraShort Silver	28.75	+1.48%	$91.49M	1.33%

Frequently asked questions

How many trading--inverse commodities ETFs are there?: MetaCap tracks 6 US-listed trading--inverse commodities ETFs with about $1.5B in combined assets.
What is the largest trading--inverse commodities ETF?: ProShares UltraShort Bloomberg Crude Oil (SCO) is the largest, with about $1.0B in assets under management.
Which Trading--Inverse Commodities ETF has the lowest expense ratio?: Among the funds shown, MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD) has the lowest expense ratio at 0.95% per year, or $95 a year on a $10,000 investment.
What does AUM mean for an ETF?: Assets under management (AUM) is the total market value of everything the fund holds. Larger ETFs tend to have tighter bid-ask spreads and more trading volume, but size alone does not make a fund a better investment.

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Prices as of Oct 9, 5:52 PM EDT. Market data is delayed at least 15 minutes and provided for informational purposes only. Not investment advice. Full disclaimer