FundNYSEARCATreasuries

Direxion Daily 20+ Year Treasury Bull 3X Shares

TMF NYSE Arca

The Direxion Daily 20+ Year Treasury Bull 3X Shares seek daily investment results, before fees and expenses, of 300% of the performance of the ICE U.S. Treasury 20+ Year Bond Index. This leveraged ETF seeks a return that is 300% the return of its benchmark index for a single day

26.38USD
−14.40 (−35.32%) 1 Year · close Oct 13

Hover to inspectDrag to measure a move← → to step through days

Fund size
319M
as of Feb 2020
Expense ratio
1.11%
per year
Dividend yield
5.30%
Yearly
Volatility · 1Y
27.3%
High Risk
Beta
0.40
vs the market
52-week range
25.1942.40
01 Performance

How TMF has paid off

Price return over every period, and total return with dividends reinvested, set against price alone.

Return by period

Price · to Oct 13
Subpar performance Select a period to update every chart on the page.

Total return vs price return

Price only
+3.4 pts
-40%-30%-20%-10%0% TMF −31.9% Price −35.3%

Over 1 year, TMF returned −31.9% with dividends reinvested — dividends added +3.4 pts to the price move.

02 Risk

How bumpy is the ride?

Return only means something next to the risk taken to earn it. Volatility, drawdowns and market sensitivity over 1 year.

Volatility

Annualized · 1Y
27.3%High Risk

A typical year sees the price swing about ±27% around its trend.

Drawdown from peak

How far below its previous high the price has been
−40.6%
0%-23%−40.6%

Deepest fall −40.6% on Oct 5, 2026 — 348 days after the previous high
More than 5% below a high 94% of the time.

Market sensitivity

Beta
Market moves+10.0%
TMF tends to move+4.0%

A beta of 0.40 means TMF has moved less than the market.

Sharpe ratio -1.59 Return earned per unit of volatility
03 Technicals

Trend & momentum

Where the price sits against its moving averages, and how stretched the recent move is.

Price vs moving averages

Downtrend
26.38
  • 12-day average26.27 +0.4%
  • 26-day average27.32 −3.4%
  • 50-day average28.71 −8.1%
  • 200-day average32.77 −19.5%

The price is above 1 of 4 averages. The 50-day average is below the 200-day, a sign of a falling longer-term trend.

Relative strength (RSI)

Oversold
OversoldOverbought24.3

RSI compares recent gains with recent losses on a 0–100 scale. Above 70 a move is often considered stretched, below 30 washed out.

Technical indicators describe past prices. They are not a forecast.

04 Fund

Inside the fund

Treasuries · Leveraged x2 — tracking the ICE U.S. Treasury 20+ Year Bond Index.

  • Assets under management319MUSD
  • Expense ratio1.11%per year
  • Holdings26
  • Risk score8.0High

Launched April 2009. Listed options available. Fund data as of Feb 27, 2020.

05 Dividends

What it pays you

Cash distributions over the last twelve months, and how they have grown.

Dividend yield5.30%

About 53 USD a year for every 1,000 USD invested at today's price.

Per share
1.40
Frequency
Yearly
Last paid
Sep 22, 2026

Last 12 months

1.40 USD / share
0.46Dec 230.22Mar 240.37Jun 230.35Sep 22
06 Themes

Where TMF shows up

Curated themes and indices that hold TMF. Open one to see it in context, or test the whole theme in a portfolio.

07 Profile

About Direxion Daily 20+ Year Treasury Bull 3X Shares

The Direxion Daily 20+ Year Treasury Bull 3X Shares seek daily investment results, before fees and expenses, of 300% of the performance of the ICE U.S. Treasury 20+ Year Bond Index. This leveraged ETF seeks a return that is 300% the return of its benchmark index for a single day

  • Featured in 1 curated theme
  • 26 holdings
Ticker
TMF
Exchange
NYSE Arca
ISIN
US25459W5408
CUSIP
25459W540
Currency
U.S. Dollar (USD)
Country
USA
Sector
Treasuries
Industry
Leveraged x2
Benchmark
ICE U.S. Treasury 20+ Year Bond Index
All key statistics

Details

NameDirexion Daily 20+ Year Treasury Bull 3X Shares
TickerTMF
ISINUS25459W5408
CUSIP25459W540
ExchangeNYSEARCA
CategoryTreasuries
Sub CategoryLeveraged x2
CountryUSA
CurrencyU.S. Dollar
Inception DateApr 16, 2009
BenchmarkICE U.S. Treasury 20+ Year Bond Index

Shareas of Oct 13, 2026

Close Price USD26.38
52W Low / High 25.19 / 42.40
1Y Total Return-31.89%
Subpar
1Y Volatility27.09%
High Risk
Beta0.40
12M Dividends1.39792
Last Dividend DateSep 22, 2026
Dist. FrequencyYearly
Dividend Yield5.30%

Dataas of Feb 27, 2020

AUM319 M
Discount/Premium-0.067%
NAV36.03
Shares Outstanding8.9 M
Volume 20D Avg1.5 M
Nbr of Holdings26
Risk RankHigh
Net Expense1.110%
Options availableYes
Next step

Put TMF to the test

See how it would change the return and the risk of a portfolio, with virtual money, before a single real dollar moves.

Test TMF in a portfolio

Data for information only, not investment advice. Past performance does not guarantee future results.