TMF
-0.40 · -1.04%
$38.41 · NYSE ARCA

Direxion Daily 20+ Year Treasury Bull 3X Shares (TMF) ETF Analysis | Trading--Leveraged Debt

Direxion Funds · United States
AUM:$3.3B
#– of – in Trading--Leveraged Debt ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Down 6.8% over the past year, indicating modest price weakness.

Cost Efficiency

Ongoing charge of 1.04% — above average for this category.

What is TMF?

The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index is a market value weighted index that includes publicly issued U.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Negative 12-Month Return
TMF returned -6.8% over the past year, reflecting recent market conditions.
Higher Cost Profile
Expense ratio of 1.04% is above average. Verify whether the strategy justifies the cost.
Concentrated Holdings
Top 10 holdings account for 65.3% of the ETF — significant weight in a small number of names.
ETF Information
AUM$3.3B
Expense Ratio1.04%
Dividend Yield4.11%
Holdings1
Inception DateApr 2009
DomicileUnited States
DistributionNA
Index–
ProviderDirexion Funds
Beta6.88
CategoryTrading--Leveraged Debt
CurrencyUSD
Portfolio Impact

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Example preview
6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-24.5%
1Y
-14.7%
3Y
-45.3%
5Y
-88.0%
OpenBook InsightIf you had invested £10,000 in TMF 5 years ago, it would have fallen to £1,205 — a loss of £8,795.

Annual Returns

Calendar year performance

TMF delivered positive returns in 0 of the last 5 calendar years.
YearTMF
2026 YTD-15.0%
2025-3.6%
2024-34.6%
2023-17.4%
2022-70.4%
CAGR 4yr-37.3%
0/5 positive yearsAvg return: -28.2%Worst year: -70.4% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
33%
Negative
Volatility
31.2%
High
Momentum
-4.1%
30-day change
Support Level
29.83
Key floor
Key Insights
  • Monitor key support and resistance levels as part of broader risk assessment.