METU vs NVDD
Direxion Daily META Bull 2X ETF vs Direxion Daily NVDA Bear 1X ETF
Which is better, METU or NVDD?
METU has been ahead.
NVDD has a lower expense ratio. METU 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 | METU | NVDD |
|---|---|---|
| Expense Ratio | 1.02% | 1.01%Best |
| AUM | $506M | $16M |
| Dividend Yield | 2.70% | 4.73% |
| Holdings | 20 | 9 |
| YTD Return | +2.89%Best | -19.27% |
| 1Y Return | -17.61%Best | -23.66% |
| 3Y Return (annualized) | - | -48.47% |
| Volatility (annualized) | 70.0% | 27.0%Best |
| Max Drawdown | -63.9%Best | -68.3% |
| $10,000 over 2.4 years | $12,474Best | $3,935 |
| Fund Family | Direxion Shares ETF Trust | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jun 5, 2024 | Sep 13, 2023 |
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).
METU vs NVDD 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 NVDD Performance
Direxion Daily META Bull 2X ETF (METU) is an ETF from Direxion Shares ETF Trust and Direxion Daily NVDA Bear 1X ETF (NVDD) is an ETF from Direxion Shares ETF Trust. Over the past year METU returned -17.61% while NVDD returned -23.66%. Year to date, METU is up 2.89% versus a loss of 19.27% for NVDD.
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 27.0% for NVDD. 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 -68.3% for NVDD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.40. They move together some of the time, and apart the rest.
Fees and Cost Over Time
METU charges 1.02% per year while NVDD charges 1.01%. On a $10,000 position that is $102 vs $101 annually, a gap of $1 per year that compounds over a long holding period. On income, METU currently yields 2.70% against 4.73% for NVDD.
Holdings Overlap
We hold position weights for 4 holdings in METU and 3 in NVDD, totalling 87.8% and 84.4% 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 3 in NVDD, against full books of 20 and 9.
You are not choosing between two funds in isolation.
Whichever of METU and NVDD 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 NVDD?
METU has an expense ratio of 1.02% while NVDD charges 1.01%. NVDD is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, METU or NVDD?
Over the past year METU returned -17.61% vs -23.66% for NVDD, so METU leads on 1-year performance. Over the longest common window we track (2 years), METU annualized +9.65% vs -32.20% for NVDD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, METU or NVDD?
METU has been the more volatile fund at 70.0% annualized versus 27.0% for NVDD. Worst drawdown: METU -63.9% vs NVDD -68.3%.
Should I hold both METU and NVDD?
METU and NVDD have a monthly-return correlation of -0.40, 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 NVDD?
METU yields 2.70% while NVDD yields 4.73%, so NVDD currently pays the higher dividend yield.
Is NVDD better than METU?
NVDD has a lower expense ratio. METU 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.