DV
Dividend Vision

METD — Direxion Daily META Bear 1X Shares

Direxion Daily META Bear 1X Shares (METD)

METD pays a 2.41% distribution rate, quarterly, on a 1.02% expense ratio. Total return is -28.0% over the past 2.2 years, 48.1 points behind META at 20.1%. Its deepest 1-year drawdown was 26.0%.

Direxion Daily META Bear 1X Shares is an ETF that seeks daily inverse exposure to Meta Platforms stock through derivatives including swaps and options, meaning it aims to move in the opposite direction of META on a daily basis. The fund carries a modest expense ratio of 1.02% and distributes quarterly at a modest current distribution rate. This ETF appeals to traders and investors seeking short-term bearish positioning or hedging against Meta stock holdings rather than those pursuing long-term income or growth strategies.

METD key facts

Issuer
Direxion
Asset type
ETF
Asset class
Equity
Inception date
06/05/2024
Expense ratio
1.02%
Distribution rate
2.41%
Distribution frequency
Quarterly
Trailing yield
2.67%
Last close
$16.25
AUM
$9,749,532
Average volume
173700.0
Last dividend
$0.0980
Ex-dividend date
06/23/2026
Payment date
06/30/2026
Beta
-1.4602