Direxion Daily META Bear 1X ETF (METD) Research
The Direxion Daily META Bear 1X ETF (METD) is structured to deliver daily investment results that correspond to the inverse, or opposite, performance of Meta Platforms, Inc.'s (NASDAQ: META) common stock, specifically targeting a negative one-to-one correlation. This objective is sought before any management fees or other expenses are deducted. (Its counterpart, the Direxion Daily META Bull 2X ETF, aims for a 200% positive daily return from Meta shares.)
Market snapshot
- Symbol
- METD
- Price
- $17.20
- Day change
- -1.66%
- Market cap
- $10.3M
- 52-week range
- 13.45-19.54
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
Peer companies
- ProShares - Ultra MSCI Japan (EZJ)
- Invesco High Yield Select ETF (HIYS)
- Harbor Multi-Asset Explorer ETF (MAPP) (MAPP)
- Direxion Daily NFLX Bear 1X ETF (NFXS)
- ProShares - Ultra QQQ Top 30 (QQXL)
- ProShares - Short Financials (SEF)
- Teucrium Agricultural Fund (TAGS)
- Leverage Shares 2x Long TSM Daily ETF (TSMG)
Open Direxion Daily META Bear 1X ETF (METD) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.