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 sponsor | Direxion |
Category | Risk Management |
Asset class | Derivatives |
Website | link... |
Inception date | Apr 16, 2009 |
Assets (mns) | $5,245 |
Expense ratio | 92 bp |
Fund Structure
Regulation | Open-Ended Fund |
Distributions | |
Taxation | 1099 |
Derivatives-based | No |
Options available | No |
Currency hedged | No |
Fund of funds | No |
Asset Allocation
Historical Performance
Standardized Performance (as of 07/31/2025)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
---|---|---|---|---|---|---|---|---|
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... | Beta | R-squared |
S&P 500 | 1.95 | 37% |
MSCI EAFE | 2.32 | 58% |
MSCI Emg Mkts | 2.16 | 53% |
Liquidity Measures
Avg. volume (000) | 8,053 |
ADV traded (mns) | $308 |
Turnover | 6.0% |
Avg. Bid/Ask (% of price) | 0.02% |
Technical Indicators
Recent close | $38.20 |
30d moving avg. | $37.23 |
Annualized volatility | 49.5% |
Relative strength (RSI) | 54 |
Short interest | 4.3% |
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 .