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METD vs SOXL

Direxion Daily META Bear 1X ETF vs Direxion Daily Semiconductor Bull 3X Shares

METD

Direxion Daily META Bear 1X ETF

Direxion Funds

Annual cost

1.02%

Fund size

$9M

SOXL

Direxion Daily Semiconductor Bull 3X Shares

Direxion Funds

Annual cost

0.75%

Fund size

$17.3B

Key differences

  • SOXL costs 0.27% less per year.
  • SOXL is significantly larger than METD — larger funds tend to be more liquid and less likely to close.
  • METD is classified as equity, while SOXL is cryptocurrency — different risk/return profiles.
  • METD follows a inverse strategy; SOXL uses leveraged.
  • SOXL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

METDSOXL
Annual cost (TER)1.02%0.75%
Fund size (AUM)$9M$17.3B
Since20242010
Dividend yield2.63%0.06%
Asset classequitycryptocurrency
Regionnorth america
Strategyinverseleveraged
CAGR 1Y-1.3%+1272.3%
CAGR 3YN/A+135.4%
CAGR 5YN/A+50.4%
Sharpe 3YN/A1.30
Volatility 1Y35.03%101.52%
Max drawdown-46.03%-90.46%

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

Similar to METD and SOXL