Direxion Daily META Bear 1X ETF (METD)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
12.57 USD
+0.40
(3.287%)
⇧
(Oct. 14, 2026, 4 p.m.
EDT)
After hours: 12.72 +0.15 (1.193%) ⇧ (Oct. 14, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 8:26 a.m. EDT
This leveraged inverse ETF is currently misaligned with its underlying trend. The parent asset, Meta, has rallied significantly, causing this bearish fund to lose nearly 25% of its value over the last year. While the recent price action shows a slight stabilization near the lows, the momentum remains weak against the 50-day and 200-day averages, suggesting the broader recovery in the tech sector is still intact. The statistical forecast model offers a faint bearish lean, but its low confidence makes it unreliable for a decisive trade. For a long-term holder, the one-year decline confirms the market's rejection of the bear thesis on Meta, offering no structural advantage despite the low valuation relative to peak prices. The dividend yield is nominal and derived from the fund's depreciation rather than corporate earnings, making it unsuitable for income investors. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.084975 |
| AutoETS | 0.087945 |
| AutoARIMA | 0.087950 |
| MSTL | 0.088420 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 39% |
| H-stat | 29.89 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.068 |
| Excess Kurtosis | -0.63 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.48% | 2.28% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-22 | 0.061 | 0.480315 |
| 2026-06-23 | 0.098 | 0.558723 |
| 2026-03-24 | 0.069 | 0.398706 |
| 2025-12-23 | 0.133 | 0.847188 |
| 2025-09-23 | 0.134 | 0.950355 |
| 2025-06-24 | 0.095 | 0.625823 |
| 2025-03-25 | 0.169 | 0.927552 |
| 2024-12-23 | 0.223 | 1.154244 |
| 2024-09-24 | 0.185 | 0.889851 |
| 2024-06-25 | 0.047 | 0.201164 |
| Attribute | Value |
|---|---|
| All Time High | 26.62 |
| All Time Low | 11.985 |
| Ask | 16.33 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 593,780 |
| Average Daily Volume3 Month | 755,580 |
| Average Volume | 755,580 |
| Average Volume10Days | 593,780 |
| Beta3 Year | 0.0 |
| Bid | 15.05 |
| Bid Size | 2 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 12.63 |
| Day Low | 12.23 |
| Dividend Yield | 2.82 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 14.7796 |
| Fifty Day Average Change | -2.2096004 |
| Fifty Day Average Change Percent | -0.1495034 |
| Fifty Two Week Change Percent | -15.239382 |
| Fifty Two Week High | 19.54 |
| Fifty Two Week High Change | -6.970001 |
| Fifty Two Week High Change Percent | -0.35670424 |
| Fifty Two Week Low | 11.985 |
| Fifty Two Week Low Change | 0.58500004 |
| Fifty Two Week Low Change Percent | 0.04881102 |
| Fifty Two Week Range | 11.985 - 19.54 |
| First Trade Date Milliseconds | 1,718,112,600,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.42440033 |
| Fullday Change Percent | 3.4872665 |
| Fullday Price | 12.57 |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,717,545,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,024-06-05 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund, under normal circumstances, invests at least 80% of the fund’s net assets (plus borrowings for investment purposes) in financial instruments, including swap agreements and options, that, in combination, provide 1X daily inverse (opposite) or short exposure to META, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Direxion Daily META Bear 1X ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1791146306 |
| Nav Price | 12.185 |
| Net Assets | 16,348,184.0 |
| Net Expense Ratio | 1.02 |
| Open | 12.23 |
| Phone | 866-476-7523 |
| Post Market Change | 0.15000057 |
| Post Market Change Percent | 1.1933221 |
| Post Market Price | 12.72 |
| Post Market Time | 1,792,022,360 |
| Previous Close | 12.17 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.4 |
| Regular Market Change Percent | 3.28677 |
| Regular Market Day High | 12.63 |
| Regular Market Day Low | 12.23 |
| Regular Market Day Range | 12.23 - 12.63 |
| Regular Market Open | 12.23 |
| Regular Market Previous Close | 12.17 |
| Regular Market Price | 12.57 |
| Regular Market Time | 1,792,008,001 |
| Regular Market Volume | 553,140 |
| Short Name | Direxion Daily META Bear 1X ETF |
| Source Interval | 15 |
| Symbol | METD |
| Total Assets | 16,348,184 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -26.4158 |
| Trailing Three Month Returns | -26.4158 |
| Triggerable | 1 |
| Two Hundred Day Average | 15.864465 |
| Two Hundred Day Average Change | -3.294465 |
| Two Hundred Day Average Change Percent | -0.20766318 |
| Type Disp | ETF |
| Volume | 553,140 |
| Yield | 0.028199999 |
| Ytd Return | -17.92977 |