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METD vs NFXL

Direxion Daily META Bear 1X ETF vs Direxion Daily NFLX Bull 2X Shares

METD

Direxion Daily META Bear 1X ETF

Direxion Funds

Annual cost

1.02%

Fund size

$9M

NFXL

Direxion Daily NFLX Bull 2X Shares

Direxion Funds

Annual cost

1.05%

Fund size

$176M

Key differences

  • NFXL is significantly larger than METD — larger funds tend to be more liquid and less likely to close.
  • METD follows a inverse strategy; NFXL uses leveraged.

Side-by-side comparison

METDNFXL
Annual cost (TER)1.02%1.05%
Fund size (AUM)$9M$176M
Since20242024
Dividend yield2.63%8.72%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseleveraged
CAGR 1Y-1.3%-56.0%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y35.03%66.38%
Max drawdown-46.03%-71.97%

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

Similar to METD and NFXL