Direxion Daily META Bear 1X Shares (METD)

NASDAQ: METDExchange-traded fund from Direxion Funds.

  • Expense ratio106.71%
  • Net assets$10.7M
  • Dividend yield2.95%
  • 1-year return+0.16%
  • Holdings1

METD ETF price chart

METD quote & trading statistics

  • YTD-8.76%
  • 1 year+0.16%
1Y volatility
37.44%
3Y volatility
0.00%
3Y Sharpe ratio
0.00

Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.

METD asset allocation

Cash
87.4%
Non-U.S. stocks
12.6%

About Direxion Daily META Bear 1X Shares

The fund, under normal circumstances, invests at least 80% of the fund"s net assets (plus borrowings for investment purposes) in financial instruments, including swap agreements and options, that, in combination, provide 1X daily inverse (opposite) or short exposure to META, consistent with the fund"s investment objective. The fund is non-diversified.

METD ETF FAQ

What is the METD expense ratio?

Direxion Daily META Bear 1X Shares has a net expense ratio of 106.71%, or $10671.00 a year for every $10,000 invested.

How much money is in METD?

Direxion Daily META Bear 1X Shares has about $10.7M in net assets.

How has METD performed?

METD returned +0.16% over the past year, including reinvested distributions.

Does METD pay dividends?

METD has a dividend yield of 2.95%.

When was METD launched?

Direxion Daily META Bear 1X Shares began trading on June 5, 2024.