METU vs. META
Compare and contrast key facts about Direxion Daily META Bull 2X ETF (METU) and Meta Platforms, Inc. (META).
METU is an actively managed fund by Direxion. It was launched on Jun 5, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: METU or META.
Correlation
The correlation between METU and META is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
METU vs. META - Performance Comparison
Key characteristics
METU:
73.95%
META:
36.15%
METU:
-60.05%
META:
-76.74%
METU:
-41.10%
META:
-19.50%
Returns By Period
In the year-to-date period, METU achieves a -8.78% return, which is significantly lower than META's 1.28% return.
METU
-8.78%
-0.40%
-12.14%
N/A
N/A
N/A
META
1.28%
1.15%
0.71%
25.08%
22.96%
22.68%
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Risk-Adjusted Performance
METU vs. META — Risk-Adjusted Performance Rank
METU
META
METU vs. META - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily META Bull 2X ETF (METU) 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.
Not enough dataDividends
METU vs. META - Dividend Comparison
METU's dividend yield for the trailing twelve months is around 2.12%, more than META's 0.34% yield.
| TTM | 2024 | |
|---|---|---|
METU Direxion Daily META Bull 2X ETF | 2.12% | 1.40% |
META Meta Platforms, Inc. | 0.34% | 0.34% |
Drawdowns
METU vs. META - Drawdown Comparison
The maximum METU drawdown since its inception was -60.05%, smaller than the maximum META drawdown of -76.74%. Use the drawdown chart below to compare losses from any high point for METU and META. For additional features, visit the drawdowns tool.
Volatility
METU vs. META - Volatility Comparison
Direxion Daily META Bull 2X ETF (METU) has a higher volatility of 26.90% compared to Meta Platforms, Inc. (META) at 13.21%. This indicates that METU's price experiences larger fluctuations and is considered to be riskier than META based on this measure. The chart below showcases a comparison of their rolling one-month volatility.