METD

Direxion Daily META Bear 1X Shares

20.09 USD
+0.40
2.03%
At close Dec 20, 4:00 PM EST
After hours
19.90
-0.19
0.95%
1 day
2.03%
5 days
7.66%
1 month
-3.13%
3 months
-4.33%
6 months
-15.48%
Year to date
-16.54%
1 year
-16.54%
5 years
-16.54%
10 years
-16.54%
0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

200% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 1

67% more funds holding

Funds holding: 3 [Q2] → 5 (+2) [Q3]

34.48% more ownership

Funds ownership: 0% [Q2] → 34.48% (+34.48%) [Q3]

11% more capital invested

Capital invested by funds: $1.59M [Q2] → $1.76M (+$169K) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for METD.

Financial journalist opinion

Neutral
ETF Trends
1 month ago
Trading META: Time to Like or Unfriend?
Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.
Trading META: Time to Like or Unfriend?
Neutral
ETF Trends
3 months ago
With Volatility Inevitable, Stay Ready With These ETFs
Market fluctuations this month are seemingly inevitable, which should pan out well for one options trader who bet $9 million on a September volatility spike. For traders who want to stay ready when trading the S&P 500 and big tech, they can use leveraged/inverse ETFs from Direxion.
With Volatility Inevitable, Stay Ready With These ETFs
Neutral
ETF Trends
4 months ago
Earnings Preview: Magnificent 7 Quarterly Results on Tap
Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.
Earnings Preview: Magnificent 7 Quarterly Results on Tap
Neutral
Benzinga
5 months ago
Direxion's METU And METD Funds Allow Traders To Play Both Sides Of Meta Platforms Stock
Meta Platforms Inc META suffered under the wake of a broader technology sector rout, with presidential candidate Donald Trump suggesting that Taiwan should compensate the U.S. for its defense. As for the tech powerhouse, while Wall Street analysts are overwhelmingly bullish on META stock, concerns about forward viability have started to impact the current price action.
Direxion's METU And METD Funds Allow Traders To Play Both Sides Of Meta Platforms Stock
Positive
ETF Trends
5 months ago
Meta's AI Investments Could See It Prosper Among Magnificent Seven Peers
As 1/7th of the vaunted “Magnificent Seven” that's been leading the way for market returns this year, Meta could continue to prosper with its investments in AI. That would give bullish traders reason to ride the momentum.
Meta's AI Investments Could See It Prosper Among Magnificent Seven Peers
Positive
ETF Trends
6 months ago
ETF Industry KPI – 6/10/2024
By Ryan Fitzgerald Week of June 3, 2024 KPI Summary This week, the industry experienced 15 ETF launches and 2 closures, shifting the 1-year Open-to-Close ratio to 2.57 and total US ETFs to 3,542.
Positive
ETF Trends
6 months ago
Direxion Completes Mag 7 Collection With Leveraged & Inverse Meta ETFs
On Wednesday, Direxion's library of thematic ETFs expanded with the release of the Direxion Daily META Bull 2X Shares (METU) and Direxion Daily META Bear 1X Shares (METD). These funds are the last additions to Direxion's suite of leveraged and inverse ETFs for the “Magnificent Seven.
Charts implemented using Lightweight Charts™