- CUSIP
- 25461A106
- Issuer
- Direxion
- Inception Date
- Jun 5, 2024
- Category
- Leveraged Equities
- Leveraged
- 2x
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $523M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
METU Performance Chart
Direxion Daily META Bull 2X ETF (METU) is down 26.4% since the beginning of the year. METU is currently trading at $23 per share.
Loading charts...
Returns By Period
Direxion Daily META Bull 2X ETF (METU) has returned -26.35% so far this year and -36.81% over the past 12 months.
Direxion Daily META Bull 2X ETF
- 1D
- -0.97%
- 1M
- -4.98%
- YTD
- -26.35%
- 6M
- -24.26%
- 1Y
- -36.81%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
METU Monthly Returns History
Based on dividend-adjusted daily data since Jun 5, 2024, METU's average daily return is +0.08%, while the average monthly return is +1.14%. At this rate, an investment would double in approximately 5.1 years.
Historically, 52% of months were positive and 48% were negative. The best month was May 2025 with a return of +36.9%, while the worst month was Mar 2025 at -27.3%. The longest winning streak lasted 3 consecutive months, and the longest losing streak was 4 months.
On a daily basis, METU closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +29.2%, while the worst single day was Oct 30, 2025 at -22.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 14.98% | -19.47% | -24.12% | 11.48% | 5.61% | -10.96% | -26.35% | ||||||
| 2025 | 36.00% | -7.07% | -27.34% | -14.63% | 36.90% | 28.61% | 7.26% | -10.12% | -2.11% | -24.54% | -1.80% | 2.55% | -1.01% |
| 2024 | 2.67% | -13.85% | 18.98% | 19.29% | -3.34% | 1.17% | 2.28% | 25.56% |
Benchmark Metrics
Direxion Daily META Bull 2X ETF has an annualized alpha of -27.87%, beta of 2.83, and R2 of 0.41 versus S&P 500 Index. Calculated based on daily prices since June 06, 2024.
- This ETF participated in 335.64% of S&P 500 Index downside but only 208.14% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.41 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -27.87%
- Beta
- 2.83
- R²
- 0.41
- Upside Capture
- 208.14%
- Downside Capture
- 335.64%
Expense Ratio
METU has a high expense ratio of 1.07%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
METU ranks 4 for risk / return — in the bottom 4% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Direxion Daily META Bull 2X ETF (METU) and compare them to S&P 500 Index.
| METU | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.53 | 2.39 | -2.92 |
Sortino ratioReturn per unit of downside risk | -0.44 | 3.25 | -3.69 |
Omega ratioGain probability vs. loss probability | 0.94 | 1.43 | -0.49 |
Calmar ratioReturn relative to maximum drawdown | -0.60 | 3.11 | -3.71 |
Martin ratioReturn relative to average drawdown | -1.11 | 14.38 | -15.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Direxion Daily META Bull 2X ETF provided a 4.19% dividend yield over the last twelve months, with an annual payout of $0.98 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $0.98 | $0.96 | $0.47 |
Dividend yield | 4.19% | 3.00% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.00 | $0.19 | ||||||
| 2025 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.32 | $0.96 |
| 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 charts...
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 61.85%, occurring on Mar 27, 2026. The portfolio has not yet recovered.
The current Direxion Daily META Bull 2X ETF drawdown is 52.92%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 bear market2026 | -61.85%Mar 2026 | 1y 1mo | — | 1y 3moFeb 2025 - now |
2024 bear market2024 | -30.63%Jul 2024 | 17d | 1mo 26d | 2mo 13dJul 2024 - Sep 2024 |
2024 correction2024 | -15.40%Nov 2024 | 1mo 9d | 18d | 1mo 27dOct 2024 - Dec 2024 |
2024 correction2024 | -15.10%Dec 2024 | 19d | 24d | 1mo 13dDec 2024 - Jan 2025 |
2024 pullback2024 | -6.01%Jun 2024 | 8d | 5d | 13dJun 2024 - Jun 2024 |
Drawdown Indicators
| METU | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.85% | -56.78% | -5.07% |
Max Drawdown (1Y)Largest decline over 1 year | -61.52% | -9.10% | -52.42% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -52.92% | 0.00% | -52.92% |
Average DrawdownAverage peak-to-trough decline | -23.49% | -10.72% | -12.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.09% | 1.97% | +31.12% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with METU
Add Direxion Daily META Bull 2X ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with METU