# METQ (Tradr 2X Short META Daily ETF)

Tradr · Leveraged ETFs · data as of Sep 11, 2026

Since launch to Sep 11, 2026: METQ returned −31.0% where its own daily promise gave −31.2%, 0.2 points over.

## Key facts

- METQ, what META did: +19.2%, as of Sep 11, 2026.
- METQ, what −2 times a day gives: −31.2%, as of Sep 11, 2026.
- METQ, what the fund returned: −31.0%, as of Sep 11, 2026.
- METQ, the fund itself added: +0.2 pts, as of Sep 11, 2026.
- METQ, expense ratio: 1.49% (485BPOS XBRL, Jul 31, 2026).
- METQ, underlying: META, as of Sep 11, 2026.

## METQ over each window to Sep 11, 2026

| Window | Fund | META | -2x the move | Difference | META moved about |
| --- | --- | --- | --- | --- | --- |
| Since launch | −31.0% | +19.2% | −38.4% | +7.4 pts | 29% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | -2 times the daily move of META, reset daily | ETFIQ |
| Multiple a holder actually got over the window | -1.61 times, against -2 stated | ETFIQ |
| Underlying | META | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Expense ratio | 1.49% | 485BPOS XBRL, Jul 31, 2026 |
| Launched | Aug 18, 2026 | ETFIQ |
| Underlying volatility over the window | 29% annualized | ETFIQ |

## Questions

### Did METQ return -2 times META?

Over the window to Sep 11, 2026, META moved +19.2% and METQ returned −31.0%. 2 times that move is −38.4%, so the fund came out 7.4 points ahead of it.

### Why does METQ not return -2 times over a year?

Because it resets daily. METQ aims at -2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what -2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.


## Cite this page

ETFIQ, METQ, data as of Sep 11, 2026. https://etfiq.com/funds/METQ
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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