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METD vs TSDD

Direxion Daily META Bear 1X ETF

METDANasdaq

GraniteShares 2x Short TSLA Daily ETF

TSDDANasdaq

Overlap

Expense ratio

TSDD −0.04pt a year

METD1.02%TSDD0.98%

Avg volume · 30D

TSDD 14.5×the volume

METD761KTSDD11M

METD vs TSDD Performance

Oct 31, 2025 – Oct 30, 2026

−5.3%METD−24.7%TSDD

Oct 31, 2025 to Oct 30, 2026. METD −5.3%. TSDD −24.7%. Use the arrow keys to read each point.20%40%Oct 2025Apr 2026Oct 2026
Expense ratio
METD 1.02%
TSDD 0.98%, better
Fund size
METD $9M
TSDD $31M
1Y total return
METD −5.3%, better
TSDD −24.7%
Yield (12M)
METD 2.40%
TSDD 10.55%, better
Holdings
METD 4
TSDD 1
Avg volume (30D)
METD 761K sh
TSDD 11M sh, better
NAV per share
METD $14.79
TSDD $6.07
52W range

ETF.net Grade

METD: Cost 78, Risk 73, Mission 83, Tradability 41, Holdings not scored, Durability 62. TSDD: Cost 94, Risk 49, Mission 98, Tradability 81, Holdings not scored, Durability 72.
Pillar letters and Scores for METD, TSDD, with each pillar’s weight
PillarMETDTSDD
Cost30% weightA78A94Higher
Mission25% weightA83A98Higher
Risk15% weightA73HigherC49
Tradability15% weightC41A81Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB62A72Higher

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 TSDD 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 ›

TSDD ranks 2nd 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 11AORCSDirexion Daily ORCL Bear 1X ETFScore 73
  5. Rank 13AMETDDirexion Daily META Bear 1X ETFScore 71
  6. Rank 14ANVDGraniteShares 2x Short NVDA Daily ETFScore 70

Our read on each fund

ETF.net Research

METDADirexion Daily META Bear 1X ETF

TSDDAGraniteShares 2x Short TSLA 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.

TSDD Tesla bears pick their dosage; this is the double. TSDD aims for -2x TSLA's move each day, reset daily, at 0.95% net of a waiver through December 31, 2026. Designed as a short-term tool, not a buy-and-forget holding.

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.

TSDD The fund seeks daily results before fees and expenses equal to negative 200% of the daily percentage change in Tesla's common stock. It is designed as a short-term inverse leveraged vehicle.

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.
  • TSDD 0.95% net of a waiver through December 31, 2026 (1.13% gross) undercuts fellow 2x short Tesla fund TSLZ at 1.05% and matches 1x bear TSLS at 0.95%, for double the daily exposure.
  • Hews closely to its stated -2x daily target, one of the tighter implementations among single-stock bear funds.
  • Heavily traded for an inverse single-stock fund, so getting in and out is rarely a chore.
  • A 1940 Act ETF that uses swaps and options on TSLA to sit near 200% short at each close: no margin account or stock borrow on your end.graniteshares.com

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.
  • TSDD The -2x target resets every day. Hold longer and compounding pulls results away from -2x TSLA's cumulative move, in either direction.graniteshares.com
  • One stock, geared twice: a sharp TSLA rally bites just as hard in reverse. Risk is the highest-octane part of this package.
  • A small fund, and the fee waiver runs through December 31, 2026; after that costs can step up toward the 1.13% gross level.

Full METD profile⁠

Full TSDD profile⁠

METD vs TSDD 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 TSDD Cost

Overpaying METD vs TSDD

$650

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

  • METD 1.02%

    $19,012

  • TSDD 0.98%

    $18,362

$10,000
30 years

Cost over time

  • METD 1.02%
  • TSDD 0.98%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530METD $19,012TSDD $18,362

Year by year

YearMETDTSDDOverpaying
10$1,797$1,729$68
20$6,746$6,504$242
30$19,012$18,362$650

Expense ratio

  • 1.02%METD
  • 0.98%TSDD, cheaper
  • Middle half of Single-Stock Inverse funds
  • Median 1.05%

TSDD 5th cheapest of 43 funds

METD 12th cheapest of 43 funds

METD vs TSDD Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
METD 2.40%
TSDD 10.55%, better
Payout (12M)
METD $0.36
TSDD $0.65
Last payment
METD $0.06
TSDD $0.65
Ex-dividend
METD Sep 22, 2026
TSDD Dec 29, 2025
Paid on
METD Sep 29, 2026
TSDD Dec 31, 2025
Frequency
METD Quarterly
TSDD Irregular

Distribution history

Per share, 2023 to 2026, same scale for both

METDQuarterly · 10 paymentsAll METD payments⁠
One bar per payment. 10 payments from 2023 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$5020232026YTD
TSDDIrregular · 2 paymentsAll TSDD payments⁠
One bar per payment. 2 payments from 2023 to 2026 YTD. Dec 27, 2023 $77.34; Dec 29, 2025 $0.65. Use the arrow keys to read each point.$0$5020232026YTD

METD vs TSDD 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 2024TSDD 100.6%
Return per unit of riskSharpe ratio, 3 years
METD −0.43since Jul 2024TSDD −0.87
Worst fallMax drawdown, 5 years
METD −50.6%since Jun 2024TSDD −99.1%since Aug 2023
Market sensitivityBeta, 5 years
METD −1.52TSDD −2.40

Popular comparisons

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  • TSDDAvsTSLSA

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    Expense ratio
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