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METU vs WEBS

Direxion Daily META Bull 2X ETF vs Direxion Daily Dow Jones Internet Bear 3X Shares

METU

Direxion Daily META Bull 2X ETF

Direxion Funds

Annual cost

1.02%

Fund size

$367M

WEBS

Direxion Daily Dow Jones Internet Bear 3X Shares

Direxion Funds

Annual cost

1.07%

Fund size

$10M

Key differences

  • METU costs 0.05% less per year.
  • METU is significantly larger than WEBS — larger funds tend to be more liquid and less likely to close.
  • METU follows a leveraged strategy; WEBS uses inverse.
  • WEBS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

METUWEBS
Annual cost (TER)1.02%1.07%
Fund size (AUM)$367M$10M
Since20242019
Dividend yield3.94%3.22%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedinverse
CAGR 1Y-26.3%-29.4%
CAGR 3YN/A-52.2%
CAGR 5YN/A-37.9%
Sharpe 3YN/A-0.85
Volatility 1Y69.39%56.97%
Max drawdown-61.85%-99.60%

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

Similar to METU and WEBS