METUDirexion Daily META Bull 2X ETF
Seeks daily investment results of 200% of the daily performance of META.
By Direxion Funds · Launched 2024
Annual Cost
1.02%
#5,438 of 6,040 · expensive
Fund Size
$469M
#1,715 of 6,040 · large
Return (1Y)
-40.9%
Track Record
2 years
#3,535 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$5,955-40.5%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityStrategy
Leveraged
Holdings
By weightConcentration
single-stock exposure — holdings shown are derivatives collateral, not the fund's position
DREYFUS GOVERNMENT CASH MANAGE
34.3%
GOLDMAN SACHS LIQ ES FD A
27.5%
DREYFUS
23.4%
GOLDMAN FINANCIAL
18.1%
META PLATFORMS INC
11.8%
N/A
1.3%
N/A
-1.4%
N/A
-1.8%
N/A
-7.1%
N/A
-14.6%
Asset allocation
Other
62.0%
Cash
31.7%
Stocks
6.3%
By sector
Communication
100.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
79.0%High
Year-on-year price swings
Max drawdown
-63.9%Severe
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks daily investment results of 200% of the daily performance of META.
- Strategy
- Invests at least 80% of net assets in securities of META and financial instruments, such as swap agreements, to provide 2X daily leveraged exposure. Concentrated in the communication services sector, with daily rebalancing to maintain 200% exposure to META.
- Inception date
- June 5, 2024
- Fund family
- Direxion Funds
Similar funds
Same asset class, closest by strategy & exposureNext steps
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Data updated on 2026-09-18