METU vs TSLZ
Direxion Daily META Bull 2X ETF vs T-Rex 2X Inverse Tesla Daily Target ETF
Which is better, METU or TSLZ?
Each has led over a different period.
METU has a lower expense ratio. METU led over the full window, TSLZ over 1Y.
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 | TSLZ |
|---|---|---|
| Expense Ratio | 1.02%Best | 1.05% |
| AUM | $506M | $25M |
| Dividend Yield | 2.70% | 0.66% |
| Holdings | 20 | 7 |
| YTD Return | +2.47%Best | -6.97% |
| 1Y Return | -19.97% | -18.88%Best |
| 3Y Return (annualized) | - | -74.74% |
| Volatility (annualized) | 70.0%Best | 101.7% |
| Max Drawdown | -63.9%Best | -98.5% |
| $10,000 over 2.4 years | $12,420Best | $172 |
| 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 15, 2026 (2.4 years).
METU vs TSLZ 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 TSLZ Performance
Direxion Daily META Bull 2X ETF (METU) is an ETF from Direxion Shares ETF Trust and T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) is an ETF from REX Shares. Over the past year METU returned -19.97% while TSLZ returned -18.88%. Year to date, METU is up 2.47% versus a loss of 6.97% for TSLZ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSLZ has been the more volatile fund, with annualized monthly volatility of 101.7% 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 -98.5% for TSLZ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.10. They move largely independently of each other.
Fees and Cost Over Time
METU charges 1.02% per year while TSLZ 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 0.66% for TSLZ.
You are not choosing between two funds in isolation.
Whichever of METU and TSLZ 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 TSLZ?
METU has an expense ratio of 1.02% while TSLZ charges 1.05%. METU is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, METU or TSLZ?
Over the past year METU returned -19.97% vs -18.88% for TSLZ, so TSLZ leads on 1-year performance. Over the longest common window we track (2 years), METU annualized +9.45% vs -81.58% for TSLZ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, METU or TSLZ?
TSLZ has been the more volatile fund at 101.7% annualized versus 70.0% for METU. Worst drawdown: METU -63.9% vs TSLZ -98.5%.
Should I hold both METU and TSLZ?
METU and TSLZ have a monthly-return correlation of -0.10, 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 TSLZ?
METU yields 2.70% while TSLZ yields 0.66%, so METU currently pays the higher dividend yield.
Is TSLZ better than METU?
METU has a lower expense ratio. METU led over the full window, TSLZ over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.