METU vs TSLT
Direxion Daily META Bull 2X ETF vs T-Rex 2X Long Tesla Daily Target ETF
Which is better, METU or TSLT?
Each has led over a different period.
METU has a lower expense ratio. METU led over 1Y, TSLT 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 | TSLT |
|---|---|---|
| Expense Ratio | 1.02%Best | 1.05% |
| AUM | $506M | $160M |
| Dividend Yield | 2.70% | 0.00% |
| Holdings | 20 | 22 |
| YTD Return | +2.89%Best | -47.03% |
| 1Y Return | -17.61%Best | -48.93% |
| 3Y Return (annualized) | - | -13.20% |
| Volatility (annualized) | 70.0%Best | 109.1% |
| Max Drawdown | -63.9%Best | -83.2% |
| $10,000 over 2.4 years | $12,474 | $13,363Best |
| Fund Family | Direxion Shares ETF Trust | REX Shares |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jun 5, 2024 | Oct 19, 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 TSLT 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 TSLT Performance
Direxion Daily META Bull 2X ETF (METU) is an ETF from Direxion Shares ETF Trust and T-Rex 2X Long Tesla Daily Target ETF (TSLT) is an ETF from REX Shares. Over the past year METU returned -17.61% while TSLT returned -48.93%. Year to date, METU is up 2.89% versus a loss of 47.03% for TSLT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSLT has been the more volatile fund, with annualized monthly volatility of 109.1% 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 -83.2% for TSLT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.14. They move largely independently of each other.
Fees and Cost Over Time
METU charges 1.02% per year while TSLT charges 1.05%. On a $10,000 position that is $102 vs $105 annually, a gap of $3 per year that compounds over a long holding period. On income, METU currently yields 2.70% against 0.00% for TSLT.
You are not choosing between two funds in isolation.
Whichever of METU and TSLT 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 TSLT?
METU has an expense ratio of 1.02% while TSLT charges 1.05%. METU is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, METU or TSLT?
Over the past year METU returned -17.61% vs -48.93% for TSLT, so METU leads on 1-year performance. Over the longest common window we track (2 years), METU annualized +9.65% vs +12.84% for TSLT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, METU or TSLT?
TSLT has been the more volatile fund at 109.1% annualized versus 70.0% for METU. Worst drawdown: METU -63.9% vs TSLT -83.2%.
Should I hold both METU and TSLT?
METU and TSLT have a monthly-return correlation of 0.14, 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 TSLT?
METU yields 2.70% while TSLT yields 0.00%, so METU currently pays the higher dividend yield.
Is TSLT better than METU?
METU has a lower expense ratio. METU led over 1Y, TSLT over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.