PortfoliosLab logo
Direxion Daily META Bull 2X ETF (METU)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

CUSIP

25461A106

Issuer

Direxion

Inception Date

Jun 5, 2024

Leveraged

2x

Index Tracked

No Index (Active)

Distribution Policy

Distributing

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Expense Ratio

METU has a high expense ratio of 1.07%, indicating above-average management fees.


Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Direxion Daily META Bull 2X ETF

Performance

Performance Chart


Loading data...

S&P 500

Returns By Period


METU

YTD

7.32%

1M

36.90%

6M

9.76%

1Y

N/A

3Y*

N/A

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

0.51%

1M

6.15%

6M

-2.00%

1Y

12.92%

3Y*

12.68%

5Y*

14.19%

10Y*

10.85%

*Annualized

Monthly Returns

The table below presents the monthly returns of METU, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202536.00%-7.07%-27.34%-14.63%36.90%7.32%
20242.67%-13.85%18.98%19.29%-3.34%1.17%2.28%25.56%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Direxion Daily META Bull 2X ETF (METU) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


There isn't enough data available to calculate the Sharpe ratio for Direxion Daily META Bull 2X ETF. This metric is based on the past 12 months of trading data. Please check back later for updated information.


Loading data...

Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Direxion Daily META Bull 2X ETF provided a 1.80% dividend yield over the last twelve months, with an annual payout of $0.64 per share.


1.40%$0.00$0.10$0.20$0.30$0.40$0.502024
Dividends
Dividend Yield
PeriodTTM2024
Dividend$0.64$0.47

Dividend yield

1.80%1.40%

Monthly Dividends

The table displays the monthly dividend distributions for Direxion Daily META Bull 2X ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.17$0.00$0.00$0.17
2024$0.02$0.00$0.00$0.19$0.00$0.00$0.26$0.47

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


Loading data...

Worst Drawdowns

The table below displays the maximum drawdowns of the Direxion Daily META Bull 2X ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Direxion Daily META Bull 2X ETF was 60.05%, occurring on Apr 21, 2025. The portfolio has not yet recovered.

The current Direxion Daily META Bull 2X ETF drawdown is 30.70%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-60.05%Feb 18, 202544Apr 21, 2025
-30.63%Jul 8, 202414Jul 25, 202439Sep 19, 202453
-15.4%Oct 7, 202430Nov 15, 202411Dec 3, 202441
-15.1%Dec 12, 202413Dec 31, 202415Jan 24, 202528
-6.01%Jun 13, 20246Jun 21, 20243Jun 26, 20249
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading data...