METD vs. META

Last updated Jun 23, 2026

METD (Direxion Daily META Bear 1X ETF) is Inverse Equities fund actively managed by Direxion, while META (Meta Platforms, Inc.) is a stock. Over the past year, METD returned 13.36% vs -17.09% for META. At a correlation of -1.00, they often move in opposite directions.

Performance

METD vs. META - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily META Bear 1X ETF (METD) and Meta Platforms, Inc. (META). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, METD achieves a 11.43% return, which is significantly higher than META's -14.42% return.

METD

• 1D: 2.27%
• 1M: 7.00%
• YTD: 11.43%
• 6M: 11.87%
• 1Y: 13.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —

META

• 1D: -2.32%
• 1M: -7.51%
• YTD: -14.42%
• 6M: -14.61%
• 1Y: -17.09%
• 3Y*: 25.36%
• 5Y*: 10.80%
• 10Y*: 17.64%

*Multi-year figures are annualized to reflect compound growth (CAGR)

METD vs. META - Yearly Performance Comparison

	2026 (YTD)	2025	2024
METD Direxion Daily META Bear 1X ETF	11.43%	-17.33%	-15.84%
META Meta Platforms, Inc.	-14.42%	13.09%	23.09%

Correlation

The correlation between METD and META is -1.00, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-1.00
Correlation (All Time) Calculated using the full available price history since Jun 5, 2024	-1.00

The correlation between METD and META has been stable across timeframes, ranging from -1.00 to -1.00 - a consistent structural relationship.

Return for Risk

METD vs. META — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

METD

METD Risk / Return Rank: 15
METD Sharpe Ratio Rank: 14
METD Sortino Ratio Rank: 15
METD Omega Ratio Rank: 16
METD Calmar Ratio Rank: 15
METD Martin Ratio Rank: 14

META

META Risk / Return Rank: 21
META Sharpe Ratio Rank: 21
META Sortino Ratio Rank: 20
META Omega Ratio Rank: 20
META Calmar Ratio Rank: 24
META Martin Ratio Rank: 20

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

METD vs. META - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily META Bear 1X ETF (METD) and Meta Platforms, Inc. (META). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	METD	META	Difference
Sharpe ratio: Return per unit of total volatility	0.37	-0.47	+0.84
Sortino ratio: Return per unit of downside risk	0.75	-0.48	+1.23
Omega ratio: Gain probability vs. loss probability	1.10	0.94	+0.17
Calmar ratio: Return relative to maximum drawdown	0.55	-0.52	+1.07
Martin ratio: Return relative to average drawdown	1.25	-1.04	+2.29

METD vs. META - Sharpe Ratio Comparison

The current METD Sharpe Ratio is 0.37, which is higher than the META Sharpe Ratio of -0.47. The chart below compares the historical Sharpe Ratios of METD and META, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

METD vs. META - Drawdown Comparison

The maximum METD drawdown since its inception was -46.03%, smaller than the maximum META drawdown of -76.74%. Use the drawdown chart below to compare losses from any high point for METD and META.

Drawdown Indicators

	METD	META	Difference
Max Drawdown Largest peak-to-trough decline	-46.03%	-76.74%	+30.71%
Max Drawdown (1Y) Largest decline over 1 year	-24.38%	-33.30%	+8.92%
Max Drawdown (3Y) Largest decline over 3 years	—	-34.15%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-76.74%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-76.74%	—
Current Drawdown Current decline from peak	-28.38%	-28.39%	+0.01%
Average Drawdown Average peak-to-trough decline	-28.60%	-15.84%	-12.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.04%	16.48%	-5.44%

Volatility

METD vs. META - Volatility Comparison

Direxion Daily META Bear 1X ETF (METD) and Meta Platforms, Inc. (META) have volatilities of 13.03% and 12.93%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	METD	META	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.03%	12.93%	+0.10%
Volatility (6M) Calculated over the trailing 6-month period	28.41%	27.95%	+0.46%
Volatility (1Y) Calculated over the trailing 1-year period	36.66%	36.25%	+0.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.67%	44.18%	-7.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.67%	38.77%	-2.10%

Dividends

METD vs. META - Dividend Comparison

METD's dividend yield for the trailing twelve months is around 2.45%, more than META's 0.38% yield.

Position	TTM	2025	2024
META Meta Platforms, Inc.	0.38%	0.32%	0.34%
METD Direxion Daily META Bear 1X ETF	2.45%	3.35%	2.30%

Frequently Asked Questions

Can I hold both METD and META in my portfolio?

METD and META have a correlation of -1.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, METD or META?

METD has higher volatility (13.03%) compared to META (12.93%). In terms of maximum drawdown, METD dropped -46.03% vs META's -76.74%.

Which has better risk-adjusted returns?

METD currently has the higher Sharpe Ratio (0.37 vs -0.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.