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ERY vs METU

Direxion Daily Energy Bear 2X Shares vs Direxion Daily META Bull 2X ETF

ERY

Direxion Daily Energy Bear 2X Shares

Direxion Funds

Annual cost

0.99%

Fund size

$40M

METU

Direxion Daily META Bull 2X ETF

Direxion Funds

Annual cost

1.02%

Fund size

$367M

Key differences

  • METU is significantly larger than ERY — larger funds tend to be more liquid and less likely to close.
  • ERY follows a inverse strategy; METU uses leveraged.
  • ERY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ERYMETU
Annual cost (TER)0.99%1.02%
Fund size (AUM)$40M$367M
Since20082024
Dividend yield3.84%3.94%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseleveraged
CAGR 1Y-55.7%-26.3%
CAGR 3Y-29.2%N/A
CAGR 5Y-38.9%N/A
Sharpe 3Y-0.68N/A
Volatility 1Y40.28%69.39%
Max drawdown-99.66%-61.85%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to ERY and METU