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Upturn AI SWOT - About
Direxion Daily META Bull 2X Shares (METU)
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Stock price based on last close (see disclosures)
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Upturn Advisory Summary
03/27/2025: METU (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit -20.58% | Avg. Invested days 21 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Volume (30-day avg) 615153 | Beta - | 52 Weeks Range 20.47 - 51.86 | Updated Date 03/27/2025 |
52 Weeks Range 20.47 - 51.86 | Updated Date 03/27/2025 |
Upturn AI SWOT
Direxion Daily META Bull 2X Shares
ETF Overview
Overview
The Direxion Daily META Bull 2X Shares (METX) seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Roundhill Ball Metaverse ETF (METV). It is designed for investors seeking amplified daily returns on metaverse-related companies.
Reputation and Reliability
Direxion is a well-known issuer of leveraged and inverse ETFs, with a history of providing these types of products to the market. However, leveraged ETFs are inherently risky and are designed for short-term trading.
Management Expertise
Direxion has a dedicated team of investment professionals experienced in managing leveraged and inverse ETFs.
Investment Objective
Goal
To seek daily investment results, before fees and expenses, of 200% of the daily performance of the Roundhill Ball Metaverse ETF (METV).
Investment Approach and Strategy
Strategy: The ETF employs a leveraged strategy, aiming for twice the daily return of the Roundhill Ball Metaverse ETF (METV). This involves using financial instruments and derivatives.
Composition The ETF's composition is primarily derivatives and financial instruments designed to achieve the 2x leverage of the daily performance of METV, indirectly exposing it to the stocks held by METV.
Market Position
Market Share: METX has a smaller market share compared to non-leveraged metaverse ETFs.
Total Net Assets (AUM): 19320000
Competitors
Key Competitors
- Roundhill Ball Metaverse ETF (METV)
- ProShares Metaverse ETF (VERS)
Competitive Landscape
The competitive landscape includes both leveraged and non-leveraged metaverse ETFs. METX offers leveraged exposure, appealing to traders seeking amplified short-term gains. Its competitors offer direct, non-leveraged exposure to metaverse-related companies, which may appeal to long-term investors.
Financial Performance
Historical Performance: Historical performance is highly volatile and dependent on the daily performance of METV. Due to the leveraged nature, long-term performance may deviate significantly from 2x METV's return.
Benchmark Comparison: The benchmark is 200% of the daily performance of METV. Tracking may be imperfect due to fees, expenses, and compounding effects.
Expense Ratio: 0.93
Liquidity
Average Trading Volume
The ETF exhibits moderate trading volume, indicating reasonable liquidity for most traders.
Bid-Ask Spread
The bid-ask spread can fluctuate, but is generally wider than non-leveraged ETFs due to the leveraged nature and lower AUM.
Market Dynamics
Market Environment Factors
Economic indicators, interest rates, and overall market sentiment, especially towards technology and metaverse-related companies, influence METX's performance. The performance of METV is the greatest impact.
Growth Trajectory
METX's growth trajectory is dependent on the interest in and performance of metaverse-related stocks and the demand for leveraged products. Changes in strategy may occur but are unlikely to be publicly released.
Moat and Competitive Advantages
Competitive Edge
METX offers a unique advantage for traders seeking leveraged exposure to the metaverse. Its 2x daily leverage provides the opportunity for amplified short-term gains. However, this comes with increased risk. METX does not have a moat. Its management is experienced in the space.
Risk Analysis
Volatility
METX exhibits high volatility due to its leveraged nature, making it suitable for risk-tolerant investors only.
Market Risk
Market risk is significant as METX is exposed to the fluctuations of metaverse-related companies and the potential for significant losses due to the leveraged strategy. Compounding risk is present.
Investor Profile
Ideal Investor Profile
The ideal investor is a sophisticated trader with a high-risk tolerance, a short-term investment horizon, and a deep understanding of leveraged ETFs and the metaverse market.
Market Risk
METX is best suited for active traders seeking short-term, amplified returns and not for long-term investors or passive index followers.
Summary
Direxion Daily META Bull 2X Shares (METX) is a leveraged ETF designed for short-term traders seeking amplified daily returns on metaverse-related companies. It offers 2x the daily performance of the Roundhill Ball Metaverse ETF (METV). Its high volatility and leveraged nature make it unsuitable for long-term investors. Due to compounding, long-term results vary greatly.
Similar Companies
- METV
- VERS
- QQQ
- XLK
Sources and Disclaimers
Data Sources:
- Direxion website
- ETF.com
- Yahoo Finance
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Investing in leveraged ETFs involves significant risks, including the potential for substantial losses.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Direxion Daily META Bull 2X Shares
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in the securities of META and financial instruments, such as swap agreements and options, that, in combination, provide 2X daily leveraged exposure to META, consistent with the fund"s investment objective. The fund is non-diversified.
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