CTEX vs METD

Comparison between PROSHARES S&P KENSHO CLEANTECH ETF (CTEX, ETF) and DIREXION DAILY META BEAR 1X SHARES (METD, ETF).

CTEX vs METD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CTEX(ETF)	METD(ETF)
Net Assets	$7.40M	$7.50M
Expense Ratio	0.58%	1.02%
Max Drawdown	70.55%	47.90%
Sharpe Ratio	1.78	0.50
5Y Beta	1.48	-1.38
P/E Ratio	-14.70	N/A
Forward P/E	24.12	N/A
PEG Ratio	0.51	N/A
Debt to Equity	81.53%	N/A
P/S Ratio	0.22	N/A
P/B Ratio	1.67	N/A

Net Assets

CTEX

$7.40M

Winner

METD

$7.50M

Expense Ratio

Winner

CTEX

0.58%

METD

1.02%

Max Drawdown

CTEX

70.55%

Winner

METD

47.90%

Sharpe Ratio

Winner

CTEX

1.78

METD

0.50

5Y Beta

CTEX

1.48

Winner

METD

-1.38

P/E Ratio

CTEX

-14.70

METD

N/A

Forward P/E

CTEX

24.12

METD

N/A

PEG Ratio

CTEX

0.51

METD

N/A

Debt to Equity

CTEX

81.53%

METD

N/A

P/S Ratio

CTEX

0.22

METD

N/A

P/B Ratio

CTEX

1.67

METD

N/A

CTEX vs METD - Historical Returns

Returns include dividend reinvestment.

Period	CTEX	METD
1 month	-0.58%	+6.08%
3 months	+20.04%	+9.37%
6 months	+17.64%	+9.11%
1 year	+111.71%	+15.43%
5 years(CAGR)	+1.64%	N/A
Max(CAGR)	+1.64%	-11.76%

CTEX

-0.58%

Winner

METD

+6.08%

Winner

CTEX

+20.04%

METD

+9.37%

Winner

CTEX

+17.64%

METD

+9.11%

Winner

CTEX

+111.71%

METD

+15.43%

5Y(CAGR)

CTEX

+1.64%

METD

N/A

Max(CAGR)

Winner

CTEX

+1.64%

METD

-11.76%

CTEX vs METD - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	CTEX	METD
2026	+13.75%	+9.94%
2025	+59.00%	-15.35%
2024	-19.37%	-15.81%
2023	-8.51%	N/A
2022	-22.01%	N/A
2021	-6.68%	N/A

CTEX vs METD Drawdown Comparison

The maximum drawdown for CTEX was -70.30%, occurring on Apr 8, 2025. Recovery took 1149 trading sessions.

The maximum drawdown for METD was -46.01%, occurring on Aug 12, 2025. This drawdown has not yet recovered.

The current CTEX drawdown is -16.95%. The current METD drawdown is -28.23%.

Rank	CTEX	METD
#1	-70.30% Nov 1, 2021 - Jun 2, 2026	-46.01% Jul 25, 2024 - Aug 12, 2025
#2	-21.90% Jun 2, 2026 - Jun 10, 2026	-8.76% Jun 7, 2024 - Jul 16, 2024
#3	-4.84% Oct 1, 2021 - Oct 11, 2021	-5.40% Jul 17, 2024 - Jul 25, 2024
#4	-2.61% Oct 19, 2021 - Oct 25, 2021	N/A
#5	-1.56% Oct 25, 2021 - Oct 27, 2021	N/A
#6	-1.43% Oct 13, 2021 - Oct 19, 2021	N/A

Correlation

Correlation between CTEX and METD is -0.42 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.42

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