Direxion Daily META Bear 1X ETF (METD)
14.63
-0.96
(-6.16%)
USD |
NASDAQ |
Sep 09, 13:06
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.02% | -0.04% | 6.628M | 564586.5 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | 0.00% | 932881.0 |
Basic Info
| Investment Strategy | |
| The Fund seeks daily investment results of 100% of the inverse (or opposite) of the daily performance of META. The Fund will invests at least 80% of the Funds net assets in financial instruments, including swap agreements and options, that, in combination, provide 1X daily inverse or short exposure to META. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Dedicated Short Bias |
| Peer Group | Dedicated Short Bias Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Dedicated Short Bias Funds |
| Fund Owner Firm Name | Direxion |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of September 09, 2026.
Asset Allocation
As of August 31, 2026.
| Type | % Net |
|---|---|
| Cash | 134.0% |
| Stock | 0.00% |
| Bond | 64.26% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -98.22% |
Basic Info
| Investment Strategy | |
| The Fund seeks daily investment results of 100% of the inverse (or opposite) of the daily performance of META. The Fund will invests at least 80% of the Funds net assets in financial instruments, including swap agreements and options, that, in combination, provide 1X daily inverse or short exposure to META. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Dedicated Short Bias |
| Peer Group | Dedicated Short Bias Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Dedicated Short Bias Funds |
| Fund Owner Firm Name | Direxion |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |