Direxion Daily META Bear 1X ETF (METD) belongs to the Inverse Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with METD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to METD
METD charges 1.00% annually. There are 36 ETFs in the Inverse Equities category with lower expense ratios, going as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1x Shares | 0.50% | 221.57M | Jun 2016 | METD vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 32.11M | Mar 2024 | METD vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.03M | Nov 2017 | METD vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 47.36M | Nov 2021 | METD vs SARK | |
| ProShares Short S&P500 | 0.89% | 1.09B | Jun 2006 | METD vs SH |
Best Risk-Adjusted Alternatives to METD
METD has a PortfoliosLab risk / return rank of 17. There are 7 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 55.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 55 | 4.56M | Oct 2024 | METD vs NFXS | |
| T-REX 2X Inverse MSTR Daily Target ETF | 34 | 92.68M | Sep 2024 | METD vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 30 | 33.15M | Aug 2024 | METD vs SMST | |
| Direxion Daily MSFT Bear 1X Shares | 29 | 8.89M | Sep 2022 | METD vs MSFD | |
| -1x Short VIX Futures ETF | 29 | 215.09M | Mar 2022 | METD vs SVIX |
Top Performing METD Alternatives (YTD)
METD is at 11.74% YTD. There are 9 ETFs in the Inverse Equities category with higher YTD returns, going as high as 48.68%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Defiance Daily Target 2X Short PLTR ETF | 48.68% | 16.93M | Jun 2025 | METD vs PLTZ | |
| Direxion Daily PLTR Bear 1X Shares | 36.18% | 40.54M | Dec 2024 | METD vs PLTD | |
| Direxion Daily NFLX Bear 1X Shares | 24.21% | 4.56M | Oct 2024 | METD vs NFXS | |
| Direxion Daily MSFT Bear 1X Shares | 24.19% | 8.89M | Sep 2022 | METD vs MSFD | |
| ProShares Short FTSE China 50 | 16.30% | 4.77M | Mar 2010 | METD vs YXI |
Lowest Volatility Alternatives to METD
METD has 36.59% 1-year volatility. There are 31 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.45%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Short Dow30 | 12.45% | 112.04M | Jun 2006 | METD vs DOG | |
| ProShares Short S&P500 | 12.46% | 1.09B | Jun 2006 | METD vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.59% | 221.57M | Jun 2016 | METD vs SPDN | |
| Direxion Daily BRKB Bear 1X Shares | 13.02% | 2.34M | Dec 2024 | METD vs BRKD | |
| Gotham Short Strategies ETF | 13.44% | 12.30M | Jul 2017 | METD vs SHRT |
Lowest Drawdown Alternatives to METD
METD has a 1-year max drawdown of -24.38%. There are 16 ETFs in the Inverse Equities category with shallower 1-year drawdowns, going as shallow as -9.34%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | -9.34% | 2.34M | Dec 2024 | METD vs BRKD | |
| ProShares Short Financials | -11.14% | 14.07M | Jun 2008 | METD vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 67.03M | Jan 2011 | METD vs HDGE | |
| ProShares Short FTSE China 50 | -12.48% | 4.77M | Mar 2010 | METD vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 3.03M | Nov 2017 | METD vs EMTY |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SOXL, SPXL, TECL and span 8 categories. AUM among these funds goes as high as $28B.
Often Compared With METD
Investors most often compare METD with TERG, HOOG, GGLL. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare METD with Any Fund or Stock
Compare METD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair METD with funds that move differently
Direxion Daily META Bear 1X ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to METD.
Explore METD Diversifiers