Direxion Daily Meta Etf Profile
| METU Etf | 35.54 0.21 0.59% |
PerformanceVery Weak
| Odds Of DistressLow
|
Direxion Daily is selling for under 35.54 as of the 1st of June 2025; that is 0.59 percent up since the beginning of the trading day. The etf's last reported lowest price was 33.98. Direxion Daily has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 3rd of March 2025 and ending today, the 1st of June 2025. Click here to learn more.
Direxion Daily is entity of United States. It is traded as Etf on NASDAQ exchange. More on Direxion Daily META
Moving together with Direxion Etf
Direxion Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Single Stock ETFs, Strategy ETFs, Trading--Leveraged Equity (View all Sectors) |
| Issuer | Direxion |
| Inception Date | 2024-06-05 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 114.46 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Single Stock |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Rafferty Asset Management, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Paul Brigandi, Tony Ng |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Oct |
| Exchange | NASDAQ |
| Number of Constituents | 20.0 |
| Market Maker | Susquehanna |
| Total Expense | 1.09 |
| Management Fee | 0.75 |
| 200 Day M A | 34.0763 |
| Country Name | USA |
| 50 Day M A | 29.9588 |
| Code | METU |
| Updated At | 31st of May 2025 |
| Returns Y T D | 7.31 |
| Name | Direxion Daily META Bull 2X Shares |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01N0C09L8 |
| Type | ETF |
Direxion Daily META [METU] is traded in USA and was established null. The fund is listed under Trading--Leveraged Equity. The entity is thematically classified as Single Stock ETFs. Direxion Daily META now have in assets.
Check Direxion Daily Probability Of Bankruptcy
Direxion Daily META Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Direxion Daily. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | 0.0509 | |||
| Total Risk Alpha | 0.0761 | |||
| Treynor Ratio | (0.02) |
Direxion Daily Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Direxion Daily META. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of Direxion Daily META is measured differently than its book value, which is the value of Direxion that is recorded on the company's balance sheet. Investors also form their own opinion of Direxion Daily's value that differs from its market value or its book value, called intrinsic value, which is Direxion Daily's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Direxion Daily's market value can be influenced by many factors that don't directly affect Direxion Daily's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Direxion Daily's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Daily is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Daily's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.