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 40 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% | 230.47M | Jun 2016 | METD vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 35.32M | Mar 2024 | METD vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 2.94M | Nov 2017 | METD vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 46.76M | Nov 2021 | METD vs SARK | |
| Tuttle Capital Daily 2X Inverse Regional Banks ETF | 0.75% | 7.22M | Jan 2024 | METD vs SKRE |
Best Risk-Adjusted Alternatives to METD
METD has a PortfoliosLab risk / return rank of 32. There are 4 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 61.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | 61 | 97.46M | Sep 2024 | METD vs MSTZ | |
| Direxion Daily NFLX Bear 1X Shares | 58 | 4.71M | Oct 2024 | METD vs NFXS | |
| Defiance Daily Target 2X Short MSTR ETF | 52 | 28.39M | Aug 2024 | METD vs SMST | |
| YieldMax Short COIN Option Income Strategy ETF | 45 | 36.86M | Jul 2024 | METD vs FIAT | |
| -1x Short VIX Futures ETF | 31 | 195.06M | Mar 2022 | METD vs SVIX |
Top Performing METD Alternatives (YTD)
METD is at 10.02% YTD. There are 10 ETFs in the Inverse Equities category with higher YTD returns, going as high as 49.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Tradr 2X Short TSLA Daily ETF | 49.23% | 110.91M | Jul 2022 | METD vs TSLQ | |
| GraniteShares 2x Short TSLA Daily ETF | 47.87% | 33.39M | Aug 2023 | METD vs TSDD | |
| T-Rex 2X Inverse Tesla Daily Target ETF | 45.39% | 34.80M | Oct 2023 | METD vs TSLZ | |
| Direxion Daily TSLA Bear 1X ETF | 33.30% | 81.35M | Aug 2022 | METD vs TSLS | |
| Direxion Daily PLTR Bear 1X Shares | 26.78% | 40.54M | Dec 2024 | METD vs PLTD |
Lowest Volatility Alternatives to METD
METD has 40.18% 1-year volatility. There are 32 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.25%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | 12.25% | 2.34M | Dec 2024 | METD vs BRKD | |
| ProShares Short Dow30 | 12.59% | 100.13M | Jun 2006 | METD vs DOG | |
| ProShares Short S&P500 | 12.81% | 927.71M | Jun 2006 | METD vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.98% | 230.47M | Jun 2016 | METD vs SPDN | |
| Gotham Short Strategies ETF | 14.17% | 12.30M | Jul 2017 | METD vs SHRT |
Lowest Drawdown Alternatives to METD
METD has a 1-year max drawdown of -26.03%. 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 FTSE China 50 | -13.55% | 4.55M | Mar 2010 | METD vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 2.94M | Nov 2017 | METD vs EMTY | |
| ProShares Short Dow30 | -15.02% | 100.13M | Jun 2006 | METD vs DOG | |
| Direxion Daily S&P 500 Bear 1x Shares | -15.93% | 230.47M | Jun 2016 | METD vs SPDN |
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 $20B.
Often Compared With METD
Investors most often compare METD with TERG, HOOG, TYD. These 20 comparison targets span 4 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