Direxion META Defined Income Boost ETF

MEIB · ETF

$25.77−$0.2431 (−0.93%)TodayMarket closed ·
Prev close $26.02

About MEIB

MEIB was created on 2026-07-29 by Direxion. The fund's investment portfolio concentrates primarily on income alternatives. MEIB is an income-focused ETF that uses swap contracts to track an index that systematically attempts to produce a target amount of annual income based on selling weekly out-of-the-money call options on the stock of Meta Platforms Inc., while maintaining upside participation through a daily delta hedging strategy.

Issuer
Direxion
Tracks
Cboe META Defined Income Index - USD - Benchmark TR Gross
Expense ratio
0.97%
Assets under management
$2.24M
Inception
Jul 29, 2026
Asset class
Alternatives

MEIB key statistics

Price-earnings ratio
0.00
Average volume
933
Volume
134
Open price
$26.02
High today
$25.77
Low today
$25.77
52 Week high
$32.92
52 Week low
$22.71

Direxion META Defined Income Boost ETF (MEIB) at a glance

Direxion META Defined Income Boost ETF (MEIB) last traded at $25.77, with a price-to-earnings ratio of 0.00.

Volume so far is 134 shares, below the average of 933 shares a day.

Over the past year Direxion META Defined Income Boost ETF has ranged from $22.71 to $32.92, and now sits 30% of the way up that range.

MEIB news

  • Chandrima Sanyal

    Microsoft, Meta Earnings Expose a Growing Divide in the AI ETF Trade

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