Data as of .
METQ vs METU: which held to its multiple?
METQ returns -2 times META each day and METU +2 times, and they share no window yet.
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| METQ | METU | METQ | METU | METQ | METU | |
| 1 month | not published | +22.7% | not published | +23.9% | not published | −1.2 pts |
| 3 months | not published | +20.9% | not published | +28.8% | not published | −7.9 pts |
| 6 months | not published | −3.9% | not published | +11.5% | not published | −15.4 pts |
| 1 year | not published | −42.6% | not published | −26.8% | not published | −15.8 pts |
| Since launch | −31.0% | −1.5% | −38.4% | +63.8% | +7.4 pts | −65.3 pts |
| METQ Tradr 2X Short META Daily ETF Aims to return twice 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 | Tradr | Direxion |
| Sets out to return | -2x | +2x |
| On | META | META |
| Segment | company | company |
| Fund returned, 3 months | −31.0% | +20.9% |
| Underlying returned, 3 months | +19.2% | +14.4% |
| What the stated multiple implies, 3 months | −38.4% | +28.8% |
| Difference from stated, 3 months | +7.4 pts | −7.9 pts |
| Fund returned, 1 year or since launch | −31.0% | −42.6% |
| Difference from stated, over that window | +7.4 pts | −15.8 pts |
| Underlying volatility | 29% | 47% |
| Difference over the days both have traded | no shared window | −1.2 pts |
| Expense ratio | 1.49% | 1.02% |
| Launched | Aug 18, 2026 | Jun 5, 2024 |
METQ in plain words
Since launch to Sep 11, 2026: METQ returned −31.0% where its own daily promise gave −31.2%, 0.2 points over. Read the multiple against the whole window instead and −2 times META's 19.2% implies −38.4%, which makes METQ look 7.4 points over. 7.2 of that is daily compounding, which happens to any −2 times fund over the same path, and the rest is the fund. METQ aims to return -2 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 -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. META moved at 29% 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. META moved at 47% annualized over that window.
Questions people ask
- Are METQ and METU levered on the same thing?
- Yes. Both are levered on Meta Platforms, METQ at -2 times and METU at +2 times the daily move.
- Can I hold METQ 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.
- Which is cheaper, METQ or METU?
- METQ charges 1.49% a year and METU charges 1.02%, so METU is cheaper. Fees come from each fund's prospectus.
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, METQ against METU, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/METQ-METU Free to use with attribution; the underlying files are at Open data.