METD vs XYLD
Direxion Daily META Bear 1X ETF vs Global X S&P 500 Covered Call ETF
Which is better, METD or XYLD?
XYLD has been ahead.
XYLD has a lower expense ratio. XYLD 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 | XYLD |
|---|---|---|
| Expense Ratio | 1.02% | 0.60%Best |
| AUM | $16M | $3.4B |
| Dividend Yield | 2.59% | 10.44% |
| Holdings | 16 | 1,014 |
| YTD Return | -21.18% | +11.48%Best |
| 1Y Return | -14.05% | +18.43%Best |
| 3Y Return (annualized) | - | +13.77% |
| 5Y Return (annualized) | - | +8.01% |
| Volatility (annualized) | 32.0% | 6.6%Best |
| Max Drawdown | -50.6% | -16.1%Best |
| $10,000 over 2.4 years | $5,500 | $13,572Best |
| Fund Family | Direxion Shares ETF Trust | Global X by mirae Asset |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jun 5, 2024 | Jun 21, 2013 |
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 XYLD 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 covers the 2.4 years both funds cover.
METD vs XYLD Performance
Direxion Daily META Bear 1X ETF (METD) is an ETF from Direxion Shares ETF Trust and Global X S&P 500 Covered Call ETF (XYLD) is an ETF from Global X by mirae Asset. Over the past year METD returned -14.05% while XYLD returned +18.43%. Year to date, METD is down 21.18% versus a gain of 11.48% for XYLD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
METD has been the more volatile fund, with annualized monthly volatility of 32.0% compared with 6.6% for XYLD. 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 -16.1% for XYLD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
METD charges 1.02% per year while XYLD charges 0.60%. On a $10,000 position that is $102 vs $60 annually, a gap of $42 per year that compounds over a long holding period. On income, METD currently yields 2.59% against 10.44% for XYLD.
Holdings Overlap
We hold position weights for 3 holdings in METD and 494 in XYLD, totalling 81.9% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 3 positions we hold weights for in METD and 494 in XYLD, against full books of 16 and 1,014.
You are not choosing between two funds in isolation.
Whichever of METD and XYLD 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 XYLD?
METD has an expense ratio of 1.02% while XYLD charges 0.60%. XYLD is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, METD or XYLD?
Over the past year METD returned -14.05% vs +18.43% for XYLD, so XYLD leads on 1-year performance. Over the longest common window we track (2 years), METD annualized -22.05% vs +13.57% for XYLD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, METD or XYLD?
METD has been the more volatile fund at 32.0% annualized versus 6.6% for XYLD. Worst drawdown: METD -50.6% vs XYLD -16.1%.
Should I hold both METD and XYLD?
METD and XYLD have a monthly-return correlation of -0.45, 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 XYLD?
METD yields 2.59% while XYLD yields 10.44%, so XYLD currently pays the higher dividend yield.
Is XYLD better than METD?
XYLD has a lower expense ratio. XYLD 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.