Meta Platforms, formerly Facebook, is a heavily traded stock, and its swings have drawn in a handful of leveraged and inverse ETFs from different issuers.
The six funds here fall into three camps: three 2x bullish plays, one income fund that pays a weekly distribution on top of modest leverage, and two inverse funds for betting against the stock, one at 1x and one at 2x.
Quick Overview
| Ticker | Fund Name | Leverage | Direction | Expense Ratio | AUM |
|---|---|---|---|---|---|
| Long | |||||
| METU | Direxion Daily META Bull 2X Shares | 2x | Long | 1.02% | $498.2M |
| FBL | GraniteShares 2x Long Meta ETF | 2x | Long | 1.09% | $193.2M |
| METW | META WeeklyPay ETF | 1.2x | Long | 1.00% | $30.1M |
| METG | Leverage Shares 2X Long META Daily ETF | 2x | Long | 0.75% | $1.7M |
| Short (Inverse) | |||||
| METD | Direxion Daily META Bear 1X Shares | 1x | Short | 1.02% | $14.5M |
| METQ | Tradr 2X Short META Daily ETF | 2x | Short | 1.49% | $11.9M |
METU
Direxion Daily META Bull 2X Shares
METU provides amplified 2x daily long exposure to Meta Platforms. This ETF is very similar to FBL with a slightly lower expense ratio.
With an expense ratio of 1.06% and METU is an option if you are bullish on Facebook/Meta. As with all daily reset leveraged funds, it is generally intended for shorter holding periods.
FBL
GraniteShares 2x Long Meta ETF
GraniteShares 2x Long Meta ETF offers the most aggressive bullish play on Meta Platforms. Launched in December 2022, FBL has been around for a while. You can see its chart to find technical patterns.
METW
META WeeklyPay ETF
The META WeeklyPay ETF represents an innovative approach to Meta exposure, combining modest leverage with a unique weekly distribution strategy. I don't know how they achieve this 0.2 exposure, I think via futures/stock lending
With its recent inception in June 2025 and growing AUM, METW appeals to investors seeking regular income from their Meta position while maintaining moderate leverage for enhanced returns.
METG
Leverage Shares 2X Long META Daily ETF
METD
Direxion Daily META Bear 1X Shares
For investors bearish on Meta's prospects, this ETF provides inverse exposure. This fund moves opposite to Meta's stock price, offering a way to profit from or hedge against Meta's decline.
With a 1% expense ratio, METD serves as a tactical tool for portfolio hedging or expressing bearish sentiment on the social media sector.
METQ
Tradr 2X Short META Daily ETF
Which fund fits
It comes down to what you're trying to do. METW is the income play, FBL and METU are the straight 2x bullish bets, and METD is the one to hold if you think Meta is headed lower. All of them reset daily, so none are built to sit in for the long haul.
Risk Warning: Leveraged and inverse ETFs are complex financial instruments that may not be suitable for all investors. Past performance does not guarantee future results. Please consult with a financial advisor before making investment decisions.