METU vs NUGT
Direxion Daily META Bull 2X ETF vs Direxion Daily Gold Miners Index Bull 2X ETF
Which is better, METU or NUGT?
Each has led over a different period.
METU has a lower expense ratio. METU led over 1Y, NUGT over 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 | METU | NUGT |
|---|---|---|
| Expense Ratio | 1.02%Best | 1.13% |
| AUM | $506M | $993M |
| Dividend Yield | 2.70% | 0.75% |
| Holdings | 20 | 20 |
| YTD Return | +2.89%Best | -27.70% |
| 1Y Return | -17.61%Best | -17.67% |
| 3Y Return (annualized) | - | +64.31% |
| 5Y Return (annualized) | - | +21.20% |
| Volatility (annualized) | 70.0%Best | 89.1% |
| Max Drawdown | -63.9%Best | -67.4% |
| $10,000 over 2.4 years | $12,474 | $34,067Best |
| Fund Family | Direxion Shares ETF Trust | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jun 5, 2024 | Dec 8, 2010 |
Not shown on this pair: 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).
METU vs NUGT 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.
METU vs NUGT Performance
Direxion Daily META Bull 2X ETF (METU) is an ETF from Direxion Shares ETF Trust and Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) is an ETF from Direxion Shares ETF Trust. Over the past year METU returned -17.61% while NUGT returned -17.67%. Year to date, METU is up 2.89% versus a loss of 27.70% for NUGT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NUGT has been the more volatile fund, with annualized monthly volatility of 89.1% compared with 70.0% for METU. 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 -63.9% for METU and -67.4% for NUGT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.06. They move largely independently of each other.
Fees and Cost Over Time
METU charges 1.02% per year while NUGT charges 1.13%. On a $10,000 position that is $102 vs $113 annually, a gap of $11 per year that compounds over a long holding period. On income, METU currently yields 2.70% against 0.75% for NUGT.
Holdings Overlap
We hold position weights for 4 holdings in METU and 4 in NUGT, totalling 87.8% and 41.7% 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 4 positions we hold weights for in METU and 4 in NUGT, against full books of 20 and 20.
You are not choosing between two funds in isolation.
Whichever of METU and NUGT 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, METU or NUGT?
METU has an expense ratio of 1.02% while NUGT charges 1.13%. METU is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, METU or NUGT?
Over the past year METU returned -17.61% vs -17.67% for NUGT, so METU leads on 1-year performance. Over the longest common window we track (2 years), METU annualized +9.65% vs +66.65% for NUGT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, METU or NUGT?
NUGT has been the more volatile fund at 89.1% annualized versus 70.0% for METU. Worst drawdown: METU -63.9% vs NUGT -67.4%.
Should I hold both METU and NUGT?
METU and NUGT have a monthly-return correlation of -0.06, 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, METU or NUGT?
METU yields 2.70% while NUGT yields 0.75%, so METU currently pays the higher dividend yield.
Is NUGT better than METU?
METU has a lower expense ratio. METU led over 1Y, NUGT over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.