METD vs METU
Direxion Daily META Bear 1X ETF vs Direxion Daily META Bull 2X ETF
Which is better, METD or METU?
Opposite sides of the same exposure.
METD led over 1Y, METU over the full window. The two move opposite each other, correlation -0.99, so holding both offsets the exposure while paying both fees.
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 | METD | METU |
|---|---|---|
| Expense Ratio | 1.02%Tie | 1.02%Tie |
| AUM | $11M | $506M |
| Dividend Yield | 2.82% | 2.70% |
| Holdings | 16 | 20 |
| YTD Return | -20.74% | +2.89%Best |
| 1Y Return | -14.38%Best | -17.61% |
| Volatility (annualized) | 32.0%Best | 70.0% |
| Max Drawdown | -50.6%Best | -63.9% |
| $10,000 over 2.4 years | $5,539 | $12,474Best |
| Fund Family | Direxion Shares ETF Trust | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jun 5, 2024 | Jun 5, 2024 |
Not shown on this pair: 3Y Return (annualized), 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).
METD 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.
METD vs METU Performance
Direxion Daily META Bear 1X ETF (METD) is an ETF from Direxion Shares ETF Trust and Direxion Daily META Bull 2X ETF (METU) is an ETF from Direxion Shares ETF Trust. Over the past year METD returned -14.38% while METU returned -17.61%. Year to date, METD is down 20.74% 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 32.0% for METD. 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 -50.6% for METD 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 -0.99. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
METD charges 1.02% per year while METU charges 1.02%. On a $10,000 position that is $102 vs $102 annually. On income, METD currently yields 2.82% against 2.70% for METU.
Holdings Overlap
We hold position weights for 3 holdings in METD and 4 in METU, totalling 73.0% and 87.8% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 3 positions appear in both.
3 positions in common, counted across the 3 positions we hold weights for in METD and 4 in METU, against full books of 16 and 20.
You are not choosing between two funds in isolation.
Whichever of METD 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, METD or METU?
METD has an expense ratio of 1.02% while METU charges 1.02%. At the precision these are quoted to, they cost the same.
Which performed better, METD or METU?
Over the past year METD returned -14.38% vs -17.61% for METU, so METD leads on 1-year performance. Over the longest common window we track (2 years), METD annualized -21.82% vs +9.65% for METU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, METD or METU?
METU has been the more volatile fund at 70.0% annualized versus 32.0% for METD. Worst drawdown: METD -50.6% vs METU -63.9%.
Should I hold both METD and METU?
METD and METU have a monthly-return correlation of -0.99, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, METD or METU?
METD yields 2.82% while METU yields 2.70%, so METD currently pays the higher dividend yield.
Is METU better than METD?
METD led over 1Y, METU over the full window. The two move opposite each other, correlation -0.99, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.