METU ETF — Holdings & Analysis
For informational purposes only. Not financial advice.
Direxion Daily META Bull 2X ETF (METU), managed by Direxion, is a equity ETF. 1.02% expense ratio, $353M AUM, 9 holdings, inception 2024.
Direxion Daily META Bull 2X ETF (METU) ETF — Price, Holdings & Analysis
ETF Overview
Risk Metrics
Expense Ratio
What does METU hold?
| Holding | Weight |
|---|---|
| Meta Platforms Inc Class A (META) | 13.32% |
How Is the Fund Allocated?
| Sector | Weight |
|---|---|
| Communication Services | 100.0% |
| Country | Weight |
|---|---|
| Other | 94.8% |
| United States | 5.2% |
Dividend Yield
- iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
- ARK Innovation ETF (ARKK) — 0.75% expense ratio
- State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
- Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
- iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
- iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio
- State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
- State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio
- Direxion MSCI Developed Over Emerging Markets ETF (RWDE) (Equity) — 0.53% expense ratio
- Direxion World Without Waste ETF (WWOW) (Equity) — 0.50% expense ratio
- Direxion Daily AMD Bull 2X ETF (AMUU) (Equity) — 1.16% expense ratio
- Direxion Russell Small Over Large Cap ETF (RWSL) (Equity) — 0.59% expense ratio
- Direxion Daily Uranium Industry Bull 2X ETF (URAA) (Equity) — 1.46% expense ratio
- Direxion Daily Global Clean Energy Bull 2X Shares (KLNE) (Equity) — 1.33% expense ratio
Risk Metrics
- Beta: 0.00
Questions & Answers
What is Direxion Daily META Bull 2X ETF (METU)?
The Direxion Daily META Bull 2X Shares and Direxion Daily META Bear 1X Shares seek daily investment results, before fees and expenses, of 200% and 100% of the inverse (or opposite), respectively, of the performance of the common shares of…
Meta Platfo It holds 9 securities. With $353M in assets under management, it is a funds in its category.
What is the expense ratio for METU?
Direxion Daily META Bull 2X ETF has an expense ratio of 1.02%, which is considered higher than average for equity ETFs. This means for every $10,000 invested, annual fees would be approximately $102.
Lower expense ratios generally lead to better long-term returns, all else being equal.
How long has METU been around?
Direxion Daily META Bull 2X ETF was launched in 2024, making it 2 years old. It is a relatively newer fund with a shorter track record. It is managed by Direxion.
Does METU pay dividends?
Yes, Direxion Daily META Bull 2X ETF currently offers a dividend yield of approximately 3.24%. This yield is in line with market averages. Dividend distributions are typically paid quarterly, though the amount can vary.
What is the current NAV of METU?
Direxion Daily META Bull 2X ETF has a net asset value (NAV) of approximately $28.72 per share. The NAV represents the per-share value of the fund's underlying assets minus liabilities.
Market price may differ slightly from NAV due to supply and demand dynamics during trading hours.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Data provided for informational purposes only.
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