METU vs. VOO
Compare and contrast key facts about Direxion Daily META Bull 2X ETF (METU) and Vanguard S&P 500 ETF (VOO).
METU and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. METU is an actively managed fund by Direxion. It was launched on Jun 5, 2024. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: METU or VOO.
Correlation
The correlation between METU and VOO is 0.55, 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. VOO - Performance Comparison
Key characteristics
METU:
73.36%
VOO:
18.73%
METU:
-57.08%
VOO:
-33.99%
METU:
-57.08%
VOO:
-13.85%
Returns By Period
In the year-to-date period, METU achieves a -33.54% return, which is significantly lower than VOO's -9.88% return.
METU
-33.54%
-30.47%
-33.92%
N/A
N/A
N/A
VOO
-9.88%
-6.64%
-9.35%
7.75%
15.13%
11.61%
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METU vs. VOO - Expense Ratio Comparison
METU has a 1.07% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
METU vs. VOO — Risk-Adjusted Performance Rank
METU
VOO
METU vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily META Bull 2X ETF (METU) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
METU's dividend yield for the trailing twelve months is around 2.90%, more than VOO's 1.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
METU Direxion Daily META Bull 2X ETF | 2.90% | 1.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.44% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
METU vs. VOO - Drawdown Comparison
The maximum METU drawdown since its inception was -57.08%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for METU and VOO. For additional features, visit the drawdowns tool.
Volatility
METU vs. VOO - Volatility Comparison
Direxion Daily META Bull 2X ETF (METU) has a higher volatility of 41.21% compared to Vanguard S&P 500 ETF (VOO) at 13.31%. This indicates that METU's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.