COTG vs. METU
COTG (Leverage Shares 2X Long COST Daily ETF) and METU (Direxion Daily META Bull 2X ETF) are both Leveraged Equities funds. Both are actively managed. At a correlation of -0.04, they often move in opposite directions. COTG charges 0.75%/yr vs 1.07%/yr for METU.
Performance
COTG vs. METU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, COTG achieves a 17.32% return, which is significantly higher than METU's -20.23% return.
COTG
- 1D
- 1.39%
- 1M
- -11.21%
- YTD
- 17.32%
- 6M
- 1.51%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
METU
- 1D
- 8.31%
- 1M
- 2.33%
- YTD
- -20.23%
- 6M
- -15.96%
- 1Y
- -30.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
COTG vs. METU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
COTG Leverage Shares 2X Long COST Daily ETF | 17.32% | -21.71% |
METU Direxion Daily META Bull 2X ETF | -20.23% | -32.76% |
Correlation
The correlation between COTG and METU is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 19, 2025 | -0.04 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
COTG vs. METU — Risk / Return Rank
COTG
METU
COTG vs. METU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long COST Daily ETF (COTG) and Direxion Daily META Bull 2X ETF (METU). 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.
Loading charts...
Sharpe Ratios by Period
| COTG | METU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | -0.44 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.28 | -0.01 | -0.28 |
Drawdowns
COTG vs. METU - Drawdown Comparison
The maximum COTG drawdown since its inception was -25.69%, smaller than the maximum METU drawdown of -61.85%. Use the drawdown chart below to compare losses from any high point for COTG and METU.
Loading charts...
Drawdown Indicators
| COTG | METU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.69% | -61.85% | +36.16% |
Max Drawdown (1Y)Largest decline over 1 year | — | -61.52% | — |
Current DrawdownCurrent decline from peak | -23.48% | -49.01% | +25.53% |
Average DrawdownAverage peak-to-trough decline | -8.35% | -23.55% | +15.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 33.23% | — |
Volatility
COTG vs. METU - Volatility Comparison
Loading charts...
Volatility by Period
| COTG | METU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 17.56% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 53.29% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 40.65% | 70.38% | -29.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.65% | 72.35% | -31.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.65% | 72.35% | -31.70% |
COTG vs. METU - Expense Ratio Comparison
COTG has a 0.75% expense ratio, which is lower than METU's 1.07% expense ratio.
Dividends
COTG vs. METU - Dividend Comparison
COTG has not paid dividends to shareholders, while METU's dividend yield for the trailing twelve months is around 3.87%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
COTG Leverage Shares 2X Long COST Daily ETF | 0.00% | 0.00% | 0.00% |
METU Direxion Daily META Bull 2X ETF | 3.87% | 3.00% | 1.40% |
Frequently Asked Questions
COTG and METU have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, COTG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
COTG is cheaper with a 0.75% expense ratio, compared with 1.07% for METU.
METU has the higher dividend yield at 3.87%, compared with 0.00% for COTG.
They also come from different issuers: Leverage Shares and Direxion. Their fees differ too: 0.75% for COTG and 1.07% for METU.
Find the right allocation for COTG and METU
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer