(METU) Direxion Daily META Bull 2X - Ratings and Ratios
Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • • Trading--Leveraged Equity
METU: Leveraged, Stocks, Options, Swap, Derivatives, Securities
The Direxion Daily META Bull 2X Shares (NASDAQ:METU) is a leveraged exchange-traded fund (ETF) designed to provide 2X daily returns of META (formerly Facebook). The fund achieves this by investing at least 80% of its net assets in META securities and related financial instruments, such as swap agreements and options. This structure allows the fund to amplify daily price movements of META, making it a tool for short-term trading rather than long-term investing. The fund is non-diversified, meaning it concentrates its holdings in a single issuer, which can increase volatility and risk.
As of the latest data, METU has an average 20-day volume of 524,995 shares, indicating moderate liquidity. The funds last price was 40.52, with key moving averages at SMA20 (45.41), SMA50 (40.94), and SMA200 (33.07). The Average True Range (ATR) of 2.59 reflects its volatility. Support levels are identified at 34.7, 30.9, 28.4, and 25.7, which could act as potential price floors if the funds value declines.
With assets under management (AUM) of $62.33 million, METU is a smaller leveraged ETF. Its performance is tightly linked to METAs stock price and broader market sentiment toward the technology sector. The funds use of derivatives introduces additional risks, including daily rebalancing and potential deviations from its 2X target during periods of high volatility.
Additional Sources for METU ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
METU ETF Overview
Market Cap in USD | 56m |
Category | Trading--Leveraged Equity |
IPO / Inception | 2024-06-05 |
METU ETF Ratings
Growth 5y | 42.1% |
Fundamental | - |
Dividend | 26.6% |
Rel. Strength Industry | 24.6 |
Analysts | - |
Fair Price Momentum | 31.04 USD |
Fair Price DCF | - |
METU Dividends
Dividend Yield 12m | 1.39% |
Yield on Cost 5y | 1.75% |
Annual Growth 5y | -100.00% |
Payout Consistency | 100.0% |
METU Growth Ratios
Growth Correlation 3m | 32.5% |
Growth Correlation 12m | 87.4% |
Growth Correlation 5y | 87.4% |
CAGR 5y | 29.56% |
CAGR/Max DD 5y | 0.80 |
Sharpe Ratio 12m | 1.28 |
Alpha | 11.44 |
Beta | 2.14 |
Volatility | 91.27% |
Current Volume | 455.4k |
Average Volume 20d | 536.2k |
As of March 16, 2025, the stock is trading at USD 34.34 with a total of 455,363 shares traded.
Over the past week, the price has changed by -6.23%, over one month by -33.37%, over three months by -10.02% and over the past year by +29.56%.
Partly, yes. Based on ValueRay Analyses, Direxion Daily META Bull 2X (NASDAQ:METU) is currently (March 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 42.12 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of METU as of March 2025 is 31.04. This means that METU is currently overvalued and has a potential downside of -9.61%.
Direxion Daily META Bull 2X has no consensus analysts rating.
According to ValueRays Forecast Model, METU Direxion Daily META Bull 2X will be worth about 37.3 in March 2026. The stock is currently trading at 34.34. This means that the stock has a potential upside of +8.47%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 37.3 | 8.5% |