DYLG vs METU
Global X Dow 30 Covered Call & Growth ETF vs Direxion Daily META Bull 2X ETF
Which is better, DYLG or METU?
DYLG has been ahead.
DYLG has a lower expense ratio. DYLG led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DYLG | METU |
|---|---|---|
| Expense Ratio | 0.35%Best | 1.02% |
| AUM | $5M | $506M |
| Dividend Yield | 9.33% | 2.70% |
| Holdings | 66 | 20 |
| YTD Return | +7.96%Best | +2.89% |
| 1Y Return | +13.55%Best | -17.61% |
| 3Y Return (annualized) | +14.15% | - |
| Volatility (annualized) | 9.4%Best | 70.0% |
| Max Drawdown | -14.2%Best | -63.9% |
| $10,000 over 2.4 years | $13,529Best | $12,474 |
| Fund Family | Global X by mirae Asset | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jul 25, 2023 | Jun 5, 2024 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: Jun 5, 2024 to Oct 14, 2026 (2.4 years).
DYLG vs METU growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.4 years both funds cover.
DYLG vs METU Performance
Global X Dow 30 Covered Call & Growth ETF (DYLG) is an ETF from Global X by mirae Asset and Direxion Daily META Bull 2X ETF (METU) is an ETF from Direxion Shares ETF Trust. Over the past year DYLG returned +13.55% while METU returned -17.61%. Year to date, DYLG is up 7.96% versus a gain of 2.89% for METU.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
METU has been the more volatile fund, with annualized monthly volatility of 70.0% compared with 9.4% for DYLG. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -14.2% for DYLG and -63.9% for METU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.22. They move largely independently of each other.
Fees and Cost Over Time
DYLG charges 0.35% per year while METU charges 1.02%. On a $10,000 position that is $35 vs $102 annually, a gap of $67 per year that compounds over a long holding period. On income, DYLG currently yields 9.33% against 2.70% for METU.
Holdings Overlap
We hold position weights for 30 holdings in DYLG and 4 in METU, totalling 100.1% and 87.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 30 positions we hold weights for in DYLG and 4 in METU, against full books of 66 and 20.
You are not choosing between two funds in isolation.
Whichever of DYLG and METU you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DYLG or METU?
DYLG has an expense ratio of 0.35% while METU charges 1.02%. DYLG is the cheaper option, by $67 a year on a $10,000 investment.
Which performed better, DYLG or METU?
Over the past year DYLG returned +13.55% vs -17.61% for METU, so DYLG leads on 1-year performance. Over the longest common window we track (2 years), DYLG annualized +13.42% vs +9.65% for METU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DYLG or METU?
METU has been the more volatile fund at 70.0% annualized versus 9.4% for DYLG. Worst drawdown: DYLG -14.2% vs METU -63.9%.
Should I hold both DYLG and METU?
DYLG and METU have a monthly-return correlation of 0.22, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DYLG or METU?
DYLG yields 9.33% while METU yields 2.70%, so DYLG currently pays the higher dividend yield.
Is METU better than DYLG?
DYLG has a lower expense ratio. DYLG led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.