HIX vs METU

Comparison between Western Asset High Income Fund II Inc (HIX, ETF) and DIREXION DAILY META BULL 2X SHARES (METU, ETF).

HIX vs METU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HIX(ETF)	METU(ETF)
Net Assets	$363M	$363M
Max Drawdown	72.39%	65.33%
Sharpe Ratio	0.16	-0.71
5Y Beta	0.37	2.76
5Y Dividends CAGR	0.00%	N/A

Net Assets

Winner

HIX

$363M

METU

$363M

Max Drawdown

HIX

72.39%

Winner

METU

65.33%

Sharpe Ratio

Winner

HIX

0.16

METU

-0.71

5Y Beta

Winner

HIX

0.37

METU

2.76

5Y Dividends CAGR

HIX

0.00%

METU

N/A

HIX vs METU - Historical Returns

Returns include dividend reinvestment.

Period	HIX	METU
1 month	+0.74%	-14.04%
3 months	+2.49%	-22.55%
6 months	-0.21%	-33.80%
1 year	+4.50%	-57.33%
5 years(CAGR)	-0.89%	N/A
10 years(CAGR)	+4.60%	N/A
Max(CAGR)	+7.56%	-12.54%

Winner

HIX

+0.74%

METU

-14.04%

Winner

HIX

+2.49%

METU

-22.55%

Winner

HIX

-0.21%

METU

-33.80%

Winner

HIX

+4.50%

METU

-57.33%

5Y(CAGR)

HIX

-0.89%

METU

N/A

10Y(CAGR)

HIX

+4.60%

METU

N/A

Max(CAGR)

Winner

HIX

+7.56%

METU

-12.54%

HIX vs METU - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HIX	METU
2026	+2.62%	-38.45%
2025	+12.20%	-5.46%
2024	-3.63%	+25.51%
2023	+11.18%	N/A
2022	-23.61%	N/A
2021	+14.51%	N/A
2020	+12.10%	N/A
2019	+25.96%	N/A
2018	-11.22%	N/A
2017	+7.61%	N/A
2016	+24.05%	N/A
2015	-14.83%	N/A
2014	+0.11%	N/A
2013	+1.16%	N/A
2012	+9.05%	N/A
2011	+14.21%	N/A
2010	+12.88%	N/A
2009	+99.91%	N/A
2008	-40.91%	N/A
2007	-0.43%	N/A
2006	+20.35%	N/A
2005	-9.75%	N/A
2004	+3.15%	N/A
2003	+46.62%	N/A
2002	+4.20%	N/A
2001	+7.38%	N/A
2000	+22.60%	N/A
1999	-1.26%	N/A

HIX vs METU Drawdown Comparison

The maximum drawdown for HIX was -60.88%, occurring on Nov 20, 2008. Recovery took 594 trading sessions.

The maximum drawdown for METU was -63.90%, occurring on Jul 30, 2026. This drawdown has not yet recovered.

The current HIX drawdown is -5.26%. The current METU drawdown is -61.78%.

Rank	HIX	METU
#1	-60.88% May 4, 2007 - Sep 11, 2009	-63.90% Feb 14, 2025 - Jul 30, 2026
#2	-44.77% Feb 18, 2020 - Aug 20, 2020	-30.63% Jul 5, 2024 - Sep 19, 2024
#3	-38.72% Aug 18, 2021 - Oct 14, 2022	-15.40% Oct 4, 2024 - Dec 3, 2024
#4	-28.46% Jun 27, 2014 - Jan 24, 2017	-15.13% Dec 11, 2024 - Jan 24, 2025
#5	-25.23% Jun 10, 2002 - Mar 4, 2003	-6.01% Jun 12, 2024 - Jun 26, 2024
#6	-20.97% Mar 8, 2001 - Jan 11, 2002	-5.97% Jun 27, 2024 - Jul 5, 2024
#7	-19.03% Apr 1, 2004 - Oct 27, 2006	-3.20% Dec 6, 2024 - Dec 11, 2024
#8	-16.38% Oct 20, 2017 - Feb 25, 2019	-1.74% Dec 3, 2024 - Dec 6, 2024
#9	-16.29% Sep 11, 2000 - Jan 8, 2001	-1.35% Oct 1, 2024 - Oct 3, 2024
#10	-16.19% May 26, 2011 - Jan 6, 2012	-0.91% Jun 5, 2024 - Jun 10, 2024
#11	-15.17% May 21, 2013 - Apr 17, 2014	-0.46% Sep 23, 2024 - Sep 25, 2024
#12	-14.59% Oct 5, 2012 - Apr 24, 2013	-0.45% Sep 25, 2024 - Sep 30, 2024
#13	-14.51% Apr 15, 2010 - Aug 2, 2010	N/A
#14	-10.18% Jul 7, 2003 - Sep 5, 2003	N/A
#15	-9.05% Nov 5, 1999 - Jan 27, 2000	N/A

Correlation

Correlation between HIX and METU is -0.07 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.07

-101

Dividend Comparison (1999 - 2026)

HIX vs METU dividend yield comparison.

Year	HIX	METU
2026	10.08%	1.78%
2025	14.13%	3.00%
2024	13.97%	1.40%
2023	11.85%	0.00%
2022	12.15%	0.00%
2021	8.21%	0.00%
2020	8.53%	0.00%
2019	8.28%	0.00%
2018	9.50%	0.00%
2017	8.73%	0.00%
2016	10.53%	0.00%
2015	13.12%	0.00%
2014	10.08%	0.00%
2013	10.14%	0.00%
2012	10.22%	0.00%
2011	10.48%	0.00%
2010	11.58%	0.00%
2009	12.45%	0.00%
2008	21.58%	0.00%
2007	9.31%	0.00%
2006	7.75%	0.00%
2005	10.12%	0.00%
2004	10.68%	0.00%
2003	11.25%	0.00%
2002	13.81%	0.00%
2001	13.35%	0.00%
2000	13.85%	0.00%
1999	2.29%	0.00%