METU vs. BPH

Last updated Jun 23, 2026

METU (Direxion Daily META Bull 2X ETF) and BPH (BP p.l.c. ADRhedged ETF) are both exchange-traded funds - METU is a Leveraged Equities fund actively managed by Direxion, while BPH is a Energy Equities fund actively managed by Precidian. Both are actively managed. At a correlation of -0.37, they often move in opposite directions. METU charges 1.07%/yr vs 0.19%/yr for BPH.

Performance

METU vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily META Bull 2X ETF (METU) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

METU

• 1D: -4.60%
• 1M: -16.54%
• YTD: -35.58%
• 6M: -36.08%
• 1Y: -46.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BPH

• 1D: 1.34%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

METU vs. BPH - Yearly Performance Comparison

	2026 (YTD)
METU Direxion Daily META Bull 2X ETF	-16.54%
BPH BP p.l.c. ADRhedged ETF	-5.01%

Correlation

The correlation between METU and BPH is -0.37, 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 (All Time) Calculated using the full available price history since May 26, 2026	-0.37

METU vs. BPH - Sectors Allocation Comparison

Sectors	METU	BPH
Communication Services	100.0%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	100.0%
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

METU vs. BPH — Risk / Return Rank

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

METU

METU Risk / Return Rank: 3
METU Sharpe Ratio Rank: 4
METU Sortino Ratio Rank: 4
METU Omega Ratio Rank: 4
METU Calmar Ratio Rank: 3
METU Martin Ratio Rank: 2

BPH

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

METU vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily META Bull 2X ETF (METU) and BP p.l.c. ADRhedged ETF (BPH). 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.

	METU	BPH	Difference
Sharpe ratio: Return per unit of total volatility	-0.64	—	—
Sortino ratio: Return per unit of downside risk	-0.69	—	—
Omega ratio: Gain probability vs. loss probability	0.91	—	—
Calmar ratio: Return relative to maximum drawdown	-0.75	—	—
Martin ratio: Return relative to average drawdown	-1.30	—	—

Drawdowns

METU vs. BPH - Drawdown Comparison

The maximum METU drawdown since its inception was -61.85%, which is greater than BPH's maximum drawdown of -9.43%. Use the drawdown chart below to compare losses from any high point for METU and BPH.

Drawdown Indicators

	METU	BPH	Difference
Max Drawdown Largest peak-to-trough decline	-61.85%	-9.43%	-52.42%
Max Drawdown (1Y) Largest decline over 1 year	-61.52%	—	—
Current Drawdown Current decline from peak	-58.82%	-8.21%	-50.61%
Average Drawdown Average peak-to-trough decline	-24.25%	-2.89%	-21.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.34%	—	—

Volatility

Volatility by Period

	METU	BPH	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.02%	—	—
Volatility (6M) Calculated over the trailing 6-month period	56.14%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	72.41%	24.73%	+47.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.83%	24.73%	+48.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.83%	24.73%	+48.10%

METU vs. BPH - Expense Ratio Comparison

METU has a 1.07% expense ratio, which is higher than BPH's 0.19% expense ratio.

Dividends

METU vs. BPH - Dividend Comparison

METU's dividend yield for the trailing twelve months is around 4.80%, more than BPH's 0.53% yield.

Position	TTM	2025	2024
BPH BP p.l.c. ADRhedged ETF	0.53%	0.00%	0.00%
METU Direxion Daily META Bull 2X ETF	4.80%	3.00%	1.40%

Frequently Asked Questions

Can I hold both METU and BPH in my portfolio?

METU and BPH have a correlation of -0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, METU or BPH?

On fees, BPH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, METU or BPH?

BPH is cheaper with a 0.19% expense ratio, compared with 1.07% for METU.

Which ETF pays a higher dividend yield, METU or BPH?

METU has the higher dividend yield at 4.80%, compared with 0.53% for BPH.

What is the main difference between METU and BPH?

METU is categorized as Leveraged Equities, while BPH is Energy Equities. They also come from different issuers: Direxion and Precidian. Their fees differ too: 1.07% for METU and 0.19% for BPH.