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METU vs TNA

Direxion Daily META Bull 2X ETF vs Direxion Daily Small Cap Bull 3X Shares

METU

Direxion Daily META Bull 2X ETF

Direxion Funds

Annual cost

1.02%

Fund size

$367M

TNA

Direxion Daily Small Cap Bull 3X Shares

Direxion Funds

Annual cost

1.05%

Fund size

$1.5B

Key differences

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

Side-by-side comparison

METUTNA
Annual cost (TER)1.02%1.05%
Fund size (AUM)$367M$1.5B
Since20242008
Dividend yield3.94%0.44%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedleveraged
CAGR 1Y-26.3%+130.8%
CAGR 3YN/A+30.7%
CAGR 5YN/A-5.2%
Sharpe 3YN/A0.68
Volatility 1Y69.39%57.15%
Max drawdown-61.85%-88.09%

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

Similar to METU and TNA