BOEG vs. METD
Compare and contrast key facts about Leverage Shares 2X Long BA Daily ETF (BOEG) and Direxion Daily META Bear 1X ETF (METD).
BOEG and METD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BOEG is an actively managed fund by Leverage Shares. It was launched on Jun 12, 2025. METD is an actively managed fund by Direxion. It was launched on Jun 5, 2024.
Performance
BOEG vs. METD - Performance Comparison
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BOEG vs. METD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BOEG Leverage Shares 2X Long BA Daily ETF | -20.41% | 6.85% |
METD Direxion Daily META Bear 1X ETF | 12.25% | 1.86% |
Returns By Period
In the year-to-date period, BOEG achieves a -20.41% return, which is significantly lower than METD's 12.25% return.
BOEG
- 1D
- 10.42%
- 1M
- -26.66%
- YTD
- -20.41%
- 6M
- -23.50%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
METD
- 1D
- -6.54%
- 1M
- 11.62%
- YTD
- 12.25%
- 6M
- 23.48%
- 1Y
- -7.90%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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BOEG vs. METD - Expense Ratio Comparison
BOEG has a 0.75% expense ratio, which is lower than METD's 1.00% expense ratio.
Return for Risk
BOEG vs. METD — Risk / Return Rank
BOEG
METD
BOEG vs. METD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BA Daily ETF (BOEG) and Direxion Daily META Bear 1X ETF (METD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| BOEG | METD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | -0.20 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.30 | -0.35 | +0.05 |
Correlation
The correlation between BOEG and METD is -0.25. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
BOEG vs. METD - Dividend Comparison
BOEG has not paid dividends to shareholders, while METD's dividend yield for the trailing twelve months is around 2.43%.
| TTM | 2025 | 2024 | |
|---|---|---|---|
BOEG Leverage Shares 2X Long BA Daily ETF | 0.00% | 0.00% | 0.00% |
METD Direxion Daily META Bear 1X ETF | 2.43% | 3.35% | 2.30% |
Drawdowns
BOEG vs. METD - Drawdown Comparison
The maximum BOEG drawdown since its inception was -46.47%, roughly equal to the maximum METD drawdown of -46.03%. Use the drawdown chart below to compare losses from any high point for BOEG and METD.
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Drawdown Indicators
| BOEG | METD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.47% | -46.03% | -0.44% |
Max Drawdown (1Y)Largest decline over 1 year | — | -39.89% | — |
Current DrawdownCurrent decline from peak | -40.25% | -27.85% | -12.40% |
Average DrawdownAverage peak-to-trough decline | -17.59% | -28.04% | +10.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 29.13% | — |
Volatility
BOEG vs. METD - Volatility Comparison
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Volatility by Period
| BOEG | METD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 13.49% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 26.76% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 61.07% | 40.30% | +20.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.07% | 36.27% | +24.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.07% | 36.27% | +24.80% |