What’s Inside Direxion’s Daily META Bull 2X and Bear 1X ETFs?
Meta's vast portfolio of social media platforms and metaverse ambitions create volatile opportunities for traders aiming to capitalize on short-term price movements. User growth, advertising revenue, competition, and regulatory factors all drive price swings.
Direxion offers a powerful pair of Single Stock Daily Leveraged and Inverse ETFs that track the stock price of META. The Daily META Bull 2X ETF and Daily META Bear 1X ETF seek daily investment results, before fees and expenses, of 200% and 100% of the inverse (or opposite), respectively, of the performance of the common shares of Meta Platforms, Inc. (NASDAQ: META).
The following short video explains what's inside METU and METD. Learn when and why experienced trader who understand the risk might consider these exciting Single Stock ETFs.