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MEIB — Direxion META Defined Income Boost ETF

Direxion META Defined Income Boost ETF (MEIB)

MEIB carries a 0.97% expense ratio.

Direxion META Defined Income Boost ETF is an actively managed options-income fund that provides exposure to Meta Platforms while using an options strategy to generate weekly income. Its upside is capped over each options period, and investors remain exposed to losses when META declines. The fund charges a 0.97% expense ratio and is intended for investors who understand single-company concentration and options risk.

MEIB key facts

Issuer
Direxion
Asset type
ETF
Asset class
Equity
Inception date
07/29/2026
Expense ratio
0.97%
Distribution frequency
Weekly
Last close
$24.75
AUM
$1,872,390
Average volume
100.0
P/E ratio
22.5187