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METU vs TSLS

Direxion Daily META Bull 2X ETF vs Direxion Daily TSLA Bear 1X Shares

METU

Direxion Daily META Bull 2X ETF

Direxion Funds

Annual cost

1.02%

Fund size

$367M

TSLS

Direxion Daily TSLA Bear 1X Shares

Direxion Funds

Annual cost

0.95%

Fund size

$76M

Key differences

  • TSLS costs 0.07% less per year.
  • METU is significantly larger than TSLS — larger funds tend to be more liquid and less likely to close.
  • METU follows a leveraged strategy; TSLS uses inverse.

Side-by-side comparison

METUTSLS
Annual cost (TER)1.02%0.95%
Fund size (AUM)$367M$76M
Since20242022
Dividend yield3.94%3.03%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedinverse
CAGR 1Y-26.3%-93.1%
CAGR 3YN/A-73.4%
CAGR 5YN/AN/A
Sharpe 3YN/A-0.93
Volatility 1Y69.39%101.43%
Max drawdown-61.85%-99.01%

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

Similar to METU and TSLS