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METD vs SKHZ

Direxion Daily META Bear 1X ETF

METDANasdaq

Leverage Shares 1X Short SK Hynix Daily ETF

SKHZACboe

Overlap

Expense ratio

SKHZ −0.27pt a year

METD1.02%SKHZ0.75%

Avg volume · 30D

SKHZ 2.5×the volume

METD761KSKHZ1.9M

METD vs SKHZ Performance

Jul 31, 2026 – Oct 30, 2026

−12.6%METD−15.5%SKHZ

Jul 31, 2026 to Oct 30, 2026. METD −12.6%. SKHZ −15.5%. Use the arrow keys to read each point.−30%0%Jul 2026Sep 2026Oct 2026
Expense ratio
METD 1.02%
SKHZ 0.75%, better
Fund size
METD $9M
SKHZ $4M
1Y total return
METD −5.3%
SKHZ No data
Yield (12M)
METD 2.40%
SKHZ No data
Holdings
METD 4
SKHZ 2
Avg volume (30D)
METD 761K sh
SKHZ 1.9M sh, better
NAV per share
METD $14.79
SKHZ $11.21
52W range

ETF.net Grade

METD: Cost 78, Risk 73, Mission 83, Tradability 41, Holdings not scored, Durability 62. SKHZ: Cost 100, Risk 75, Mission not scored, Tradability 71, Holdings not scored, Durability 20.
Pillar letters and Scores for METD, SKHZ, with each pillar’s weight
PillarMETDSKHZ
Cost30% weightA78A100Higher
Mission25% weightA83Not scored
Risk15% weightA73A75Higher
Tradability15% weightC41A71Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB62HigherF20

Rank among Single-Stock Inverse funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. METD and SKHZ are both graded against the same 43 Single-Stock Inverse funds, so their Grades compare head to head.

Single-Stock Inverse⁠

Category · 43 funds
See all 43 ›

SKHZ ranks 3rd and METD 13th of 43 funds in the Single-Stock Inverse Category.

  1. Rank 1AAAPDDirexion Daily AAPL Bear 1X ETFScore 86
  2. Rank 2ATSDDGraniteShares 2x Short TSLA Daily ETFScore 84
  3. Rank 3ASKHZLeverage Shares 1X Short SK Hynix Daily ETFScore 81
  4. Rank 3ATSLSDirexion Daily TSLA Bear 1X ETFScore 81
  5. Rank 11AORCSDirexion Daily ORCL Bear 1X ETFScore 73
  6. Rank 13AMETDDirexion Daily META Bear 1X ETFScore 71
  7. Rank 14ANVDGraniteShares 2x Short NVDA Daily ETFScore 70

Our read on each fund

ETF.net Research

METDADirexion Daily META Bear 1X ETF

SKHZALeverage Shares 1X Short SK Hynix Daily ETF

In short

METD A one-for-one short on Meta, wrapped in an ETF. METD targets 100% of the inverse of Meta's daily move: no leverage multiplier, no margin account, and exposure that resets every day.

SKHZ No data

Stated mandate

METD The fund seeks daily investment results equal to 100% of the inverse performance of Meta Platforms, Inc. common shares, before fees and expenses.

SKHZ No data

Why people hold it

  • METD Bearish on Meta without the multiplier. The fund targets 100% of the inverse of Meta's daily move, bought and sold like any share, with no margin account or stock borrow to arrange.direxion.com
  • Fee is 1.02% net of a waiver through September 1, 2027 (1.19% gross), below the category median and a hair under sibling AVS at 1.03% net, also waived to that same date.
  • One of the stronger implementations in a crowded field of bearish single-stock funds, and it has stayed close to its stated daily target.

SKHZ No data

Worth knowing

  • METD Daily reset. Hold past a day and Meta's path matters as much as its direction: choppy stretches can grind value down even when the stock ends lower.direxion.com
  • A small fund by assets. It trades actively for its size, but spreads can matter more than the headline fee on bigger orders.
  • One company carries the whole thing. An earnings night or a single Meta headline moves this fund in full, and it pays out quarterly rather than monthly.

SKHZ No data

Full METD profile⁠

Full SKHZ profile⁠

METD vs SKHZ Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

METD vs SKHZ Cost

Overpaying METD vs SKHZ

$4,530

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • METD 1.02%

    $19,012

  • SKHZ 0.75%

    $14,482

$10,000
30 years

Cost over time

  • METD 1.02%
  • SKHZ 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530METD $19,012SKHZ $14,482

Year by year

YearMETDSKHZOverpaying
10$1,797$1,336$461
20$6,746$5,078$1,668
30$19,012$14,482$4,530

Expense ratio

  • 1.02%METD
  • 0.75%SKHZ, cheaper
  • Middle half of Single-Stock Inverse funds
  • Median 1.05%

SKHZ cheapest of 43 funds

METD 12th cheapest of 43 funds

METD vs SKHZ Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
METD 2.40%
SKHZ No data
Payout (12M)
METD $0.36
SKHZ None
Last payment
METD $0.06
SKHZ No data
Ex-dividend
METD Sep 22, 2026
SKHZ No data
Paid on
METD Sep 29, 2026
SKHZ No data
Frequency
METD Quarterly
SKHZ No data

Distribution history

Per share, 2024 to 2026, same scale for both

METDQuarterly · 10 paymentsAll METD payments⁠
One bar per payment. 10 payments from 2024 to 2026 YTD. Jun 25, 2024 $0.05; Sep 24, 2024 $0.18; Dec 23, 2024 $0.22; Mar 25, 2025 $0.17; Jun 24, 2025 $0.10; Sep 23, 2025 $0.13; Dec 23, 2025 $0.13; Mar 24, 2026 $0.07; Jun 23, 2026 $0.10; Sep 22, 2026 $0.06. Use the arrow keys to read each point.$0$0.252026YTD
SKHZAll SKHZ payments⁠

No distribution history available.

METD vs SKHZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
METD 34.3%since Jul 2024SKHZ No data
Return per unit of riskSharpe ratio, 3 years
METD −0.43since Jul 2024SKHZ No data
Worst fallMax drawdown, 5 years
METD −50.6%since Jun 2024SKHZ No data
Market sensitivityBeta, 5 years
METD −1.52SKHZ 0.00

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