METU vs UPRO
Direxion Daily META Bull 2X ETF vs ProShares UltraPro S&P 500
Which is better, METU or UPRO?
UPRO has been ahead.
UPRO has a lower expense ratio. UPRO 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 | UPRO |
|---|---|---|
| Expense Ratio | 1.02% | 0.88%Best |
| AUM | $506M | $5.7B |
| Dividend Yield | 2.70% | 0.77% |
| Holdings | 20 | 520 |
| YTD Return | +2.89% | +29.25%Best |
| 1Y Return | -17.61% | +38.25%Best |
| 3Y Return (annualized) | - | +51.43% |
| 5Y Return (annualized) | - | +19.36% |
| Volatility (annualized) | 70.0% | 37.1%Best |
| Max Drawdown | -63.9% | -49.1%Best |
| $10,000 over 2.4 years | $12,474 | $20,861Best |
| Fund Family | Direxion Shares ETF Trust | ProShares |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jun 5, 2024 | Jun 23, 2009 |
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 UPRO 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 UPRO Performance
Direxion Daily META Bull 2X ETF (METU) is an ETF from Direxion Shares ETF Trust and ProShares UltraPro S&P 500 (UPRO) is an ETF from ProShares. Over the past year METU returned -17.61% while UPRO returned +38.25%. Year to date, METU is up 2.89% versus a gain of 29.25% for UPRO.
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 37.1% for UPRO. 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 -49.1% for UPRO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.48. They move together some of the time, and apart the rest.
Fees and Cost Over Time
METU charges 1.02% per year while UPRO charges 0.88%. On a $10,000 position that is $102 vs $88 annually, a gap of $14 per year that compounds over a long holding period. On income, METU currently yields 2.70% against 0.77% for UPRO.
Holdings Overlap
We hold position weights for 4 holdings in METU and 502 in UPRO, totalling 87.8% and 72.5% 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, 1 positions appear in both.
1 positions in common, counted across the 4 positions we hold weights for in METU and 502 in UPRO, against full books of 20 and 520.
Top Shared Holdings
| Stock | Weight in METU | Weight in UPRO | Difference |
|---|---|---|---|
| METAMeta Platforms Inc | 17.27% | 1.15% | 16.12% |
You are not choosing between two funds in isolation.
Whichever of METU and UPRO 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 UPRO?
METU has an expense ratio of 1.02% while UPRO charges 0.88%. UPRO is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, METU or UPRO?
Over the past year METU returned -17.61% vs +38.25% for UPRO, so UPRO leads on 1-year performance. Over the longest common window we track (2 years), METU annualized +9.65% vs +35.85% for UPRO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, METU or UPRO?
METU has been the more volatile fund at 70.0% annualized versus 37.1% for UPRO. Worst drawdown: METU -63.9% vs UPRO -49.1%.
Should I hold both METU and UPRO?
METU and UPRO have a monthly-return correlation of 0.48, 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 UPRO?
METU yields 2.70% while UPRO yields 0.77%, so METU currently pays the higher dividend yield.
Is UPRO better than METU?
UPRO has a lower expense ratio. UPRO 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.