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METD vs FAZ

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

METD

Direxion Daily META Bear 1X ETF

Direxion Funds

Annual cost

1.02%

Fund size

$9M

FAZ

Direxion Daily Financial Bear 3X Shares

Direxion Funds

Annual cost

1.03%

Fund size

$120M

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

METDFAZ
Annual cost (TER)1.02%1.03%
Fund size (AUM)$9M$120M
Since20242008
Dividend yield2.63%3.00%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseinverse
CAGR 1Y-1.3%-9.8%
CAGR 3YN/A-38.5%
CAGR 5YN/A-27.5%
Sharpe 3YN/A-0.84
Volatility 1Y35.03%43.24%
Max drawdown-46.03%-99.78%

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

Similar to METD and FAZ