METU vs XYLD
Direxion Daily META Bull 2X ETF vs Global X S&P 500 Covered Call ETF
Which is better, METU or XYLD?
XYLD has been ahead.
XYLD has a lower expense ratio. XYLD 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 | XYLD |
|---|---|---|
| Expense Ratio | 1.02% | 0.60%Best |
| AUM | $506M | $3.4B |
| Dividend Yield | 2.70% | 10.44% |
| Holdings | 20 | 1,014 |
| YTD Return | +2.89% | +11.42%Best |
| 1Y Return | -17.61% | +18.43%Best |
| 3Y Return (annualized) | - | +13.38% |
| 5Y Return (annualized) | - | +7.59% |
| Volatility (annualized) | 70.0% | 6.6%Best |
| Max Drawdown | -63.9% | -16.1%Best |
| $10,000 over 2.4 years | $12,474 | $13,554Best |
| Fund Family | Direxion Shares ETF Trust | Global X by mirae Asset |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jun 5, 2024 | Jun 21, 2013 |
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 XYLD 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 XYLD Performance
Direxion Daily META Bull 2X ETF (METU) is an ETF from Direxion Shares ETF Trust and Global X S&P 500 Covered Call ETF (XYLD) is an ETF from Global X by mirae Asset. Over the past year METU returned -17.61% while XYLD returned +18.43%. Year to date, METU is up 2.89% versus a gain of 11.42% for XYLD.
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 6.6% for XYLD. 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 -16.1% for XYLD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.42. They move together some of the time, and apart the rest.
Fees and Cost Over Time
METU charges 1.02% per year while XYLD charges 0.60%. On a $10,000 position that is $102 vs $60 annually, a gap of $42 per year that compounds over a long holding period. On income, METU currently yields 2.70% against 10.44% for XYLD.
Holdings Overlap
At least 2.5% of XYLD's money is in holdings METU also owns.
Stated as a floor: for METU, our book for it covers 87.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
XYLD and METU share little of their money.
1 positions in common, counted across the 4 positions we hold weights for in METU and 496 in XYLD, against full books of 20 and 1,014.
Top Shared Holdings
| Stock | Weight in METU | Weight in XYLD | Difference |
|---|---|---|---|
| METAMeta Platforms Inc | 17.27% | 2.46% | 14.81% |
You are not choosing between two funds in isolation.
Whichever of METU and XYLD 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 XYLD?
METU has an expense ratio of 1.02% while XYLD charges 0.60%. XYLD is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, METU or XYLD?
Over the past year METU returned -17.61% vs +18.43% for XYLD, so XYLD leads on 1-year performance. Over the longest common window we track (2 years), METU annualized +9.65% vs +13.51% for XYLD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, METU or XYLD?
METU has been the more volatile fund at 70.0% annualized versus 6.6% for XYLD. Worst drawdown: METU -63.9% vs XYLD -16.1%.
Should I hold both METU and XYLD?
METU and XYLD have a monthly-return correlation of 0.42, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between METU and XYLD?
At least 2.5% of XYLD's money is in holdings METU also owns. Our book for METU is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 4 positions we hold weights for in METU and 496 in XYLD.
Which pays a higher dividend, METU or XYLD?
METU yields 2.70% while XYLD yields 10.44%, so XYLD currently pays the higher dividend yield.
Is XYLD better than METU?
XYLD has a lower expense ratio. XYLD 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.