TMF

Direxion Daily 20+ Yr Trsy Bull 3X ETF

The Direxion Daily 20+ Yr Trsy Bull 3X ETF seeks to provide daily investment results that correspond to three times the daily performance of the Bloomberg U.S. 20-Year Treasury Bond Index.


Risk Management

DERIVATIVES

Rules-Based

MANAGEMENT STYLE

5.1 B

ASSETS UNDER MGMT

92 bp

EXPENSES
Fund Basics
Fund sponsorDirexion
CategoryRisk Management
Asset classDerivatives
Websitelink...
Inception dateApr 16, 2009
Assets (mns)$5,245
Expense ratio92 bp
Fund Structure
RegulationOpen-Ended Fund
Distributions
Taxation1099
Derivatives-basedNo
Options availableNo
Currency hedgedNo
Fund of fundsNo
Asset Allocation
Historical Performance


Standardized Performance (as of 07/31/2025)
 YTD1 YR2 YR3 YR5 YR10 YR20 YRIncep.
Price Returns -6.4% -29.5% -27.5% -34.5% -39.5% -15.2% -- -8.0%
Dividend Yield 1.5% 2.6% 2.5% 1.9% 1.3% 1.2% -- 1.9%
Total Returns -4.8% -26.9% -25.0% -32.6% -38.1% -14.0% -- -6.1%
Ann. Volatility 40.8% 41.4% 45.8% 49.5% 47.9% 44.6% -- 45.7%
Market Correlations
versus...BetaR-squared
S&P 5001.9537%
MSCI EAFE2.3258%
MSCI Emg Mkts2.1653%
Liquidity Measures
Avg. volume (000)8,053
ADV traded (mns)$308
Turnover6.0%
Avg. Bid/Ask (% of price)0.02%
Technical Indicators
Recent close$38.20
30d moving avg.$37.23
Annualized volatility49.5%
Relative strength (RSI)54
Short interest4.3%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Expense Analysis

Peer Group Rules-Based
Risk Management Derivatives ETFs
# of ETFs 5
Avg. Expense Ratio 75.2 bp
Std. Deviation 11.7 bp
TMF (92 bp) Percentile rank 71
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
TMF 92.0 1.9 93.9
Peer Avg. 94.4 32.7 127.1
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .