{"url":"https://etfiq.com/compare/leverage/metd-vs-metq","section":"compare","title":"METD vs METQ: which held to its multiple? | ETFIQ","description":"METD sets out to return -1 times META each day and METQ -2 times. Over the month to Sep 30, 2026 they finished +3.8 pts and +10.8 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, METD or METQ?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, METD finished 0.9 points from what its multiple implies and METQ finished 10.8 points from its own, so METD came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are METD and METQ levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Meta Platforms, METD at -1 times and METQ at -2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, METD or METQ?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window METD\u2019s moved at 49% annualized and METQ\u2019s at 55%, so METQ has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold METD or METQ for a year?","acceptedAnswer":{"@type":"Answer","text":"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\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, METD or METQ?","acceptedAnswer":{"@type":"Answer","text":"METD charges 1.02% a year and METQ charges 1.49%, so METD is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"METD vs METQ","item":"https://etfiq.com/compare/leverage/metd-vs-metq"}]},{"@type":"WebPage","name":"METD vs METQ: which held to its multiple?","description":"METD sets out to return -1 times META each day and METQ -2 times. Over the month to Sep 30, 2026 they finished +3.8 pts and +10.8 pts away.","url":"https://etfiq.com/compare/leverage/metd-vs-metq","dateModified":"2026-09-30","abstract":"Over a month against its own daily promise, METD finished 0.3 points over and METQ 0.2 points over.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of METD and METQ","description":"METD sets out to return -1 times META each day and METQ -2 times. Over the month to Sep 30, 2026 they finished +3.8 pts and +10.8 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/metd-vs-metq","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6494,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / METD vs METQ \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n METD vs METQ: which held to its multiple?\n\n Over a month against its own daily promise, METD finished 0.3 points over and METQ 0.2 points over.\n Copy this for sharing \n \n Direxion Daily META Bear 1X ETF and Tradr 2X Short META Daily ETF.\n\n Download as PDF \n\n \u221219.3% METD returned, 3 months \n \u221248.5% METQ returned, since launch \n \u22120.9 pts METD from its stated multiple \n +18.5 pts METQ from its stated multiple \n\n METD 0.9 pts short of its stated multiple \u00b7 3 months to Sep 30","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/metd-vs-metq","a":{"ticker":"METD","name":"Direxion Daily META Bear 1X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: METD returned \u221219.3% where its own daily promise gave \u221220.5%, 1.2 points over.","url":"https://etfiq.com/funds/metd","key_facts":[{"label":"What META did","value":"+18.4%","as_of":"2026-09-30","source":null},{"label":"What \u22121 times a day gives","value":"\u221220.5%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221219.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+1.2 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$16m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.02%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"b":{"ticker":"METQ","name":"Tradr 2X Short META Daily ETF","issuer":"Tradr","desk":"leverage","as_of":"2026-09-30","verdict":"One month to Sep 30, 2026: METQ returned \u221242.8% where its own daily promise gave \u221243.0%, 0.2 points over.","url":"https://etfiq.com/funds/metq","key_facts":[{"label":"What META did","value":"+26.8%","as_of":"2026-09-30","source":null},{"label":"What \u22122 times a day gives","value":"\u221243.0%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221242.8%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+0.2 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$8m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.49%","as_of":"2026-09-30","source":"485BPOS XBRL, Jul 31, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/metd-vs-metq"}