Direxion Daily META Bull 2X Shares (METU) Performance
METU total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −25.0% since Dec 31, 2025
- 1 year
- −42.2% total return
- Since first price
- −6.8% since 2024
METU trailing returns vs SPY, QQQ, AGG
| Period | METU total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −27.4% | −27.4% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.8% | +3.3% | +3.2% | +1.9% | −0.4% |
| 6 months | −18.5% | −19.5% | +7.8% | +8.4% | −1.5% |
| YTD | −25.0% | −26.5% | +12.3% | +15.1% | −1.0% |
| 1 year | −42.2% | −43.9% | +14.4% | +15.9% | −1.1% |
| Since inceptionJun 5, 2024 | −6.8% | −12.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: METU vs SPY
From Jun 5, 2024: METU grew to $9,319, SPY to $14,633.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
METU returns by calendar year
0 of 1 full years positive. Best 2025 (−1.0%), worst 2025 (−1.0%). 2026 is year to date.
METU annual returns table
| Year | METU | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −25.0% | −53.8% | +12.3% | +15.1% | −1.0% |
| 2025 | −1.0% | −60.0% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
METU largest drawdowns
Now 52.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 14, 2025 | −63.9% | Jul 30, 2026 | not yet | 1.5 years | 1.7 years so far |
| Jul 5, 2024 | −30.6% | Jul 25, 2024 | Sep 19, 2024 | 20 days | 2 months |
| Oct 4, 2024 | −15.4% | Nov 15, 2024 | Dec 3, 2024 | 42 days | 2 months |
| Dec 11, 2024 | −15.1% | Dec 31, 2024 | Jan 24, 2025 | 20 days | 44 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
METU risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +7.5% |
| Volatility (annualized) | 71.4% |
| Sharpe ratio | 0.36 |
| Sortino ratio | 0.65 |
| Best month | +55.6% |
| Worst month | −27.3% |
| Best 12 months | +110.2% |
| Worst 12 months | −59.7% |
| Positive months | 52% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
METU rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 17 | −59.7% | −16.3% | +110.2% | 29% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
METU performance overview
Direxion Daily META Bull 2X Shares (METU) returned −42.2% over the past year, with distributions reinvested. Since its first recorded price on Jun 5, 2024 it has returned −6.8%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −63.9%, from Feb 14, 2025 to Jul 30, 2026; the fund has not yet regained that high. Volatility has been 71.4% a year.
Related: METU chart, METU dividends. See the METU overview for the latest quote and fund facts.
METU performance FAQ
What is the METU return over the past year?
METU returned −42.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 43.9%.
How much would $10,000 invested in METU be worth?
$10,000 invested in METU at its first recorded close on June 5, 2024 would be worth about $9,319 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of METU?
The largest peak-to-trough decline was −63.9% between February 14, 2025 and July 30, 2026. It has not yet recovered to that high; it is 52.1% below its peak.
How volatile is METU?
Over the past history METU had an annualized volatility of 71.4% and a Sharpe ratio of 0.36 (excess return over 1–3 month T-bills per unit of risk).