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FAZ vs METD

Direxion Daily Financial Bear 3X Shares vs Direxion Daily META Bear 1X ETF

FAZ

Direxion Daily Financial Bear 3X Shares

Direxion Funds

Annual cost

1.03%

Fund size

$120M

METD

Direxion Daily META Bear 1X ETF

Direxion Funds

Annual cost

1.02%

Fund size

$9M

Key differences

  • FAZ is significantly larger than METD — larger funds tend to be more liquid and less likely to close.
  • FAZ has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FAZMETD
Annual cost (TER)1.03%1.02%
Fund size (AUM)$120M$9M
Since20082024
Dividend yield3.00%2.63%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseinverse
CAGR 1Y-9.8%-1.3%
CAGR 3Y-38.5%N/A
CAGR 5Y-27.5%N/A
Sharpe 3Y-0.84N/A
Volatility 1Y43.24%35.03%
Max drawdown-99.78%-46.03%

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

Similar to FAZ and METD