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TECS vs METD

Direxion Daily Technology Bear 3X Shares vs Direxion Daily META Bear 1X ETF

TECS

Direxion Daily Technology Bear 3X Shares

Direxion Funds

Annual cost

1.01%

Fund size

$80M

METD

Direxion Daily META Bear 1X ETF

Direxion Funds

Annual cost

1.02%

Fund size

$9M

Key differences

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

Side-by-side comparison

TECSMETD
Annual cost (TER)1.01%1.02%
Fund size (AUM)$80M$9M
Since20082024
Dividend yield5.67%2.63%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseinverse
CAGR 1Y-77.4%-1.3%
CAGR 3Y-64.6%N/A
CAGR 5Y-57.9%N/A
Sharpe 3Y-1.17N/A
Volatility 1Y61.39%35.03%
Max drawdown-99.99%-46.03%

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

Similar to TECS and METD