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METU vs ERY

Direxion Daily META Bull 2X ETF vs Direxion Daily Energy Bear 2X Shares

METU

Direxion Daily META Bull 2X ETF

Direxion Funds

Annual cost

1.02%

Fund size

$367M

ERY

Direxion Daily Energy Bear 2X Shares

Direxion Funds

Annual cost

0.99%

Fund size

$40M

Key differences

  • METU is significantly larger than ERY — larger funds tend to be more liquid and less likely to close.
  • METU follows a leveraged strategy; ERY uses inverse.
  • ERY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

METUERY
Annual cost (TER)1.02%0.99%
Fund size (AUM)$367M$40M
Since20242008
Dividend yield3.94%3.84%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedinverse
CAGR 1Y-26.3%-55.7%
CAGR 3YN/A-29.2%
CAGR 5YN/A-38.9%
Sharpe 3YN/A-0.68
Volatility 1Y69.39%40.28%
Max drawdown-61.85%-99.66%

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

Similar to METU and ERY