# Direxion Daily META Bear 1X ETF (METD) — Overview

METD · NASDAQ · Fund

Canonical page: https://www.lighthorse.io/tickers/metd

## Price

Last close $12.59 on Oct 15, 2026. 52-week range $12.01 – $19.36.

## Fund profile

METD provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of META stock.

| Metric | Value |
| --- | --- |
| Issuer | Rafferty Asset Management, LLC |
| Industry | — |
| Inception | Jun 5, 2024 |
| Assets under management | $11.3M |
| Expense ratio | 1.02% |
| Net asset value | $12.60 (as of Oct 15, 2026) |
| Distributions | Quarterly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Direxion Daily META Bear 1X ETF (METD)?

METD provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of META stock.

### What is METD's expense ratio?

Direxion Daily META Bear 1X ETF charges an annual expense ratio of 1.02%. The fund is issued by Rafferty Asset Management, LLC.

### How large is METD?

Direxion Daily META Bear 1X ETF manages $11.3M in assets and has traded since Jun 5, 2024.

### How do I buy shares of Direxion Daily META Bear 1X ETF (METD)?

METD trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).