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METU vs FAS

Direxion Daily META Bull 2X ETF vs Direxion Daily Financial Bull 3X Shares

METU

Direxion Daily META Bull 2X ETF

Direxion Funds

Annual cost

1.02%

Fund size

$367M

FAS

Direxion Daily Financial Bull 3X Shares

Direxion Funds

Annual cost

0.88%

Fund size

$2.1B

Key differences

  • FAS costs 0.14% less per year.
  • FAS is significantly larger than METU — larger funds tend to be more liquid and less likely to close.
  • FAS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

METUFAS
Annual cost (TER)1.02%0.88%
Fund size (AUM)$367M$2.1B
Since20242008
Dividend yield3.94%10.14%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedleveraged
CAGR 1Y-26.3%-2.5%
CAGR 3YN/A+37.8%
CAGR 5YN/A+4.9%
Sharpe 3YN/A0.84
Volatility 1Y69.39%42.90%
Max drawdown-61.85%-85.99%

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

Similar to METU and FAS