The Direxion Daily META Bear 1X Shares ETF, trading under the ticker METD, is a unique financial instrument designed to offer investors a strategic opportunity to benefit from declining prices within the Communication Services sector, specifically targeting the Interactive Media & Services niche. As a levered inverse ETF, METD aims to provide daily investment results, before fees and expenses, that correspond to one times the inverse of the performance of the META Index. This ETF is particularly suited for seasoned investors looking to hedge their portfolios against downturns in the social media, online advertising, and interactive entertainment industries, or for those seeking to capitalize on bearish market trends within this rapidly evolving sector. With its specialized focus, METD offers a tactical approach for investors to navigate market volatility and deploy short-term strategies in the dynamic landscape of digital communication and media services.
Direxion Daily META Bear 1X Shares (METD) Fund Flow Chart
Direxion Daily META Bear 1X Shares (METD) 1 year Net Flows: 3M
METD ETF FAQ
What was METD’s price range in the past 12 months?
METD lowest ETF price was 15.68 and its highest was 26.62 in the past 12 months.
What is the AUM of METD?
As of Mar 28, 2025 The AUM of METD is 5.68M.
Is METD overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does METD pay dividends?
METD pays a Thriceyearly dividend of 0.168 which represents an annual dividend yield of 3.14%. See more information on METD dividends here
How many shares outstanding does METD have?
Currently, no data Available
Which hedge fund is a major shareholder of METD?
Currently, no hedge funds are holding shares in METD