METD:NASDAQDirexion Daily META Bear 1X ETF Analysis
Data as of 2026-08-25 - not real-time
$16.85
Latest Price
7/10Risk
Risk Level: Medium
Executive Summary
At $16.85, Direxion Daily META Bear 1X ETF shows a bullish moving-average alignment, with shorter averages sitting above longer ones. The last 30 days have gained 14.7%. RSI sits at 52.8, which reads as neutral, and MACD momentum is bullish. Watch $15.66 as support and $18.24 as the nearer resistance level.
The 1.02% expense ratio is expensive for its category, and the fund manages $10.8M in assets.
Risk comes out at 7 of a possible 10, a elevated reading. With 30-day volatility of 42.4%, a beta of -1.42 and a maximum drawdown of 26.4%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
The horizons diverge: buy near-term but hold on a long view, at 1/10 conviction over the longer horizon.
The 1.02% expense ratio is expensive for its category, and the fund manages $10.8M in assets.
Risk comes out at 7 of a possible 10, a elevated reading. With 30-day volatility of 42.4%, a beta of -1.42 and a maximum drawdown of 26.4%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
The horizons diverge: buy near-term but hold on a long view, at 1/10 conviction over the longer horizon.
Market Outlook
Short Term
< 1 yearPositive
Model confidence: 5/10
Key Factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 16.32
- MACD momentum is positive
Medium Term
1–3 yearsNeutral
Model confidence: 3/10
Key Factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 16.32
- 30-day volatility of 42.4%
Long Term
> 3 yearsNeutral
Model confidence: 1/10
Key Factors
- High expense ratio of 1.02%
- 30-day volatility of 42.4%
- Maximum drawdown of 26.4%
Key Metrics & Analysis
Fund Metrics
Expense Ratio1.02%
AUM$10.8M
Inception Date2024-06-05
Avg Daily Volume336,660
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield2.51%
Technical Analysis
TrendBullish
RSI52.8
Support$15.66
Resistance$18.24
MA 20$16.74
MA 50$16.43
MA 200$16.32
MACDBullish
VolumeDecreasing
Fear & Greed Index94.41
Risk Assessment
Beta-1.42
Volatility42.40%
Sector RiskMedium
Currency RiskLow
Liquidity RiskMedium
Similar Tickers
This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.