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METD vs TECS

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

METD

Direxion Daily META Bear 1X ETF

Direxion Funds

Annual cost

1.02%

Fund size

$9M

TECS

Direxion Daily Technology Bear 3X Shares

Direxion Funds

Annual cost

1.01%

Fund size

$80M

Key differences

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

Side-by-side comparison

METDTECS
Annual cost (TER)1.02%1.01%
Fund size (AUM)$9M$80M
Since20242008
Dividend yield2.63%5.67%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseinverse
CAGR 1Y-1.3%-77.4%
CAGR 3YN/A-64.6%
CAGR 5YN/A-57.9%
Sharpe 3YN/A-1.17
Volatility 1Y35.03%61.39%
Max drawdown-46.03%-99.99%

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

Similar to METD and TECS