Screener
METD vs SPDN
Direxion Daily META Bear 1X ETF vs Direxion Daily S&P 500 Bear 1X Shares
Key differences
- SPDN costs 0.54% less per year.
- SPDN is significantly larger than METD — larger funds tend to be more liquid and less likely to close.
- SPDN has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| METD | SPDN | |
|---|---|---|
| Annual cost (TER) | 1.02% | 0.48% |
| Fund size (AUM) | $9M | $219M |
| Since | 2024 | 2016 |
| Dividend yield | 2.63% | 3.94% |
| Asset class | equity | equity |
| Region | north america | north america |
| Strategy | inverse | inverse |
| CAGR 1Y | -1.3% | -18.4% |
| CAGR 3Y | N/A | -13.2% |
| CAGR 5Y | N/A | -9.3% |
| Sharpe 3Y | N/A | -1.11 |
| Volatility 1Y | 35.03% | 12.30% |
| Max drawdown | -46.03% | -75.08% |
Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.
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