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The Fund seeks daily investment results, before fees and expenses, of 200% of the daily performance of META. The Fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in the securities of META and financial instruments, such as swap agreements and options, that, in combination, provide 2X daily leveraged exposure to META, consistent with the Fund's investment objective. The financial instrument in which the Fund most commonly invests is swap agreements, which are intended to produce economically leveraged investment results. Meta Platforms, Inc. develops products that enable people to connect and share with friends and family via social media platforms, mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices worldwide in addition to providing online advertising to marketers.
Direxion Daily Meta Bull 2X ETF trades on the NASDAQ stock market under the symbol METU.
As of August 26, 2026, METU stock price climbed to $20.05 with 16,301,248 million shares trading.
METU has a beta of 4.17, meaning it tends to be more sensitive to market movements. METU has a correlation of 0.38 to the broad based SPY ETF.
METU has a market cap of $481.70 million. This is considered a Small Cap stock.
METU has underperformed the market in the last year with a price return of -54.2% while the SPY ETF gained +20.4%. METU has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -17.9% and -8.6%, respectively, while the SPY returned +3.0% and -0.6%, respectively.
METU support price is $18.68 and resistance is $20.64 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that METU shares will trade within this expected range on the day.
