METU vs HIX

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

METU vs HIX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

METU

$363M

Winner

HIX

$363M

Max Drawdown

Winner

METU

65.33%

HIX

72.39%

Sharpe Ratio

METU

-0.71

Winner

HIX

0.16

5Y Beta

METU

2.76

Winner

HIX

0.37

5Y Dividends CAGR

METU

N/A

HIX

0.00%

METU vs HIX - Historical Returns

Returns include dividend reinvestment.

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

METU

-14.04%

Winner

HIX

+0.74%

METU

-22.55%

Winner

HIX

+2.49%

METU

-33.80%

Winner

HIX

-0.21%

METU

-57.33%

Winner

HIX

+4.50%

5Y(CAGR)

METU

N/A

HIX

-0.89%

10Y(CAGR)

METU

N/A

HIX

+4.60%

Max(CAGR)

METU

-12.54%

Winner

HIX

+7.56%

METU vs HIX - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

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

METU vs HIX Drawdown Comparison

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

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

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

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

Correlation

Correlation between METU and HIX 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)

METU vs HIX dividend yield comparison.

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