Data as of .
METD vs METU: which held to its multiple?
Over three months against its own daily promise, METD finished 1.2 points over and METU 3.1 points short.
ETFIQ Decay Resistance Score: METU scores higher
Did it keep up with its own daily multiple, compounded day by day?
A percentile among the 121 inverse ETFs over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it · How it is computed
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| METD | METU | METD | METU | METD | METU | |
| 1 month | −11.1% | +22.7% | −11.9% | +23.9% | +0.8 pts | −1.2 pts |
| 3 months | −16.1% | +20.9% | −14.4% | +28.8% | −1.6 pts | −7.9 pts |
| 6 months | −11.7% | −3.9% | −5.8% | +11.5% | −5.9 pts | −15.4 pts |
| 1 year | +5.8% | −42.6% | +13.4% | −26.8% | −7.6 pts | −15.8 pts |
| Since launch | −34.8% | −1.5% | −31.9% | +63.8% | −2.9 pts | −65.3 pts |
| METD Direxion Daily META Bear 1X ETF Aims to return 1 times the opposite of the daily move of Meta Platforms (META) | METU Direxion Daily META Bull 2X ETF Aims to return twice the daily move of Meta Platforms (META) | |
|---|---|---|
| Issuer | Direxion | Direxion |
| Sets out to return | -1x | +2x |
| On | META | META |
| Segment | company | company |
| Fund returned, 3 months | −16.1% | +20.9% |
| Underlying returned, 3 months | +14.4% | +14.4% |
| What the stated multiple implies, 3 months | −14.4% | +28.8% |
| Difference from stated, 3 months | −1.6 pts | −7.9 pts |
| Fund returned, 1 year or since launch | +5.8% | −42.6% |
| Difference from stated, over that window | −7.6 pts | −15.8 pts |
| Underlying volatility | 47% | 47% |
| Difference over the days both have traded | no shared window | −1.2 pts |
| Expense ratio | not published | 1.02% |
| Launched | Jun 5, 2024 | Jun 5, 2024 |
METD in plain words
Three months to Sep 11, 2026: METD returned −16.1% where its own daily promise gave −17.2%, 1.2 points over. Read the multiple against the whole window instead and −1 times META's 14.4% implies −14.4%, which makes METD look 1.6 points short. 2.8 of that is daily compounding, which happens to any −1 times fund over the same path, and the rest is the fund. METD aims to return -1 times META's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not -1 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. META moved at 47% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.
METU in plain words
Three months to Sep 11, 2026: METU returned +20.9% where its own daily promise gave +24.0%, 3.1 points short. Read the multiple against the whole window instead and +2 times META's 14.4% implies +28.8%, which makes METU look 7.9 points short. 4.8 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. METU aims to return +2 times META's move each day, then resets. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more.
Questions people ask
- Which came closer to its stated multiple, METD or METU?
- Over the window to Sep 11, 2026, METD finished 1.6 points from what its multiple implies and METU finished 7.9 points from its own, so METD came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are METD and METU levered on the same thing?
- Yes. Both are levered on Meta Platforms, METD at -1 times and METU at +2 times the daily move.
- Which one decays faster, METD or METU?
- Decay follows how much the underlying moves about. Over this window METD’s moved at 47% annualized and METU’s at 47%, so METD has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold METD or METU for a year?
- Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, METD against METU, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/METD-METU Free to use with attribution; the underlying files are at Open data.