Direxion Daily META Bear 1X ETF (METD)

20.93 +0.23 (+1.11%) USD  |  NASDAQ  |  Nov 04, 16:00
20.82 -0.11 (-0.53%) After-Hours: 20:00
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METD Beta (Since Inception)

Beta (Since Inception) Chart

View Beta (Since Inception) for METD.
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Sep '18
Jan '19
May '19
 
285.00
270.00
255.00
240.00

Historical Beta (Since Inception) Data

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Date Value
September 30, 2024 --
Date Value
August 31, 2024 --

Beta Definition

Beta is a risk metric that measures the risk associated with a security in comparison to the risk associated with the market overall. A beta of 1 would signify that the beta is neutral with the market. A common use of beta is within the Capital Asset Pricing Model (CAPM), to find a security's expected return.

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Beta (Since Inception) Range, Past 5 Years

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Minimum
Aug 2024
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Maximum
Sep 2024
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Average
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Median

Beta (Since Inception) Benchmarks

Direxion Daily AVGO Bear 1X Shares --
Direxion Daily AI And Big Data Bear 2X Upgrade
Direxion Daily TSM Bear 1X Shares --
Direxion Daily MU Bear 1X Shares --
Defiance Daily Target 2X Short MSTR ETF --

Beta (Since Inception) Related Metrics

Alpha (Since Inception) Upgrade
Alpha (vs YCharts Benchmark) (Since Inception) Upgrade
Beta (vs YCharts Benchmark) (Since Inception) Upgrade
Annualized Standard Deviation of Monthly Returns (Since Inception) Upgrade
Max Drawdown (Since Inception) Upgrade
Monthly Value at Risk (VaR) 5% (Since Inception) Upgrade