METD vs NUGT
Direxion Daily META Bear 1X ETF vs Direxion Daily Gold Miners Index Bull 2X ETF
Which is better, METD or NUGT?
NUGT has been ahead.
METD has a lower expense ratio. NUGT led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | METD | NUGT |
|---|---|---|
| Expense Ratio | 1.02%Best | 1.13% |
| AUM | $16M | $1.0B |
| Dividend Yield | 2.59% | 0.38% |
| Holdings | 16 | 20 |
| YTD Return | -21.18% | -18.37%Best |
| 1Y Return | -14.05% | -9.13%Best |
| 3Y Return (annualized) | - | +71.32% |
| 5Y Return (annualized) | - | +26.84% |
| Volatility (annualized) | 32.0%Best | 88.4% |
| Max Drawdown | -50.6%Best | -67.4% |
| $10,000 over 2.4 years | $5,500 | $38,672Best |
| Fund Family | Direxion Shares ETF Trust | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jun 5, 2024 | Dec 8, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: Jun 5, 2024 to Oct 12, 2026 (2.4 years).
METD vs NUGT growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
METD vs NUGT Performance
Direxion Daily META Bear 1X ETF (METD) is an ETF from Direxion Shares ETF Trust and Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) is an ETF from Direxion Shares ETF Trust. Over the past year METD returned -14.05% while NUGT returned -9.13%. Year to date, METD is down 21.18% versus a loss of 18.37% for NUGT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NUGT has been the more volatile fund, with annualized monthly volatility of 88.4% compared with 32.0% for METD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -50.6% for METD and -67.4% for NUGT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.07. They move largely independently of each other.
Fees and Cost Over Time
METD charges 1.02% per year while NUGT charges 1.13%. On a $10,000 position that is $102 vs $113 annually, a gap of $11 per year that compounds over a long holding period. On income, METD currently yields 2.59% against 0.38% for NUGT.
Holdings Overlap
We hold position weights for 3 holdings in METD and 4 in NUGT, totalling 81.9% and 104.7% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 3 positions appear in both.
3 positions in common, counted across the 3 positions we hold weights for in METD and 4 in NUGT, against full books of 16 and 20.
You are not choosing between two funds in isolation.
Whichever of METD and NUGT you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, METD or NUGT?
METD has an expense ratio of 1.02% while NUGT charges 1.13%. METD is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, METD or NUGT?
Over the past year METD returned -14.05% vs -9.13% for NUGT, so NUGT leads on 1-year performance. Over the longest common window we track (2 years), METD annualized -22.05% vs +75.69% for NUGT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, METD or NUGT?
NUGT has been the more volatile fund at 88.4% annualized versus 32.0% for METD. Worst drawdown: METD -50.6% vs NUGT -67.4%.
Should I hold both METD and NUGT?
METD and NUGT have a monthly-return correlation of 0.07, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, METD or NUGT?
METD yields 2.59% while NUGT yields 0.38%, so METD currently pays the higher dividend yield.
Is NUGT better than METD?
METD has a lower expense ratio. NUGT led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.