TMV
-0.66 · -1.80%
$36.12 · NYSE ARCA

Direxion Daily 20+ Year Treasury Bear 3X Shares (TMV) ETF Analysis | Trading--Inverse Debt

Direxion Funds · United States
AUM:$151.8M
#– of – in Trading--Inverse 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

TMV returned +1.4% over the past year, broadly in line with flat market conditions.

Cost Efficiency

Ongoing charge of 1.01% — above average for this category.

What is TMV?

The fund, under normal circumstances, invests at least 80% of the fund"s net assets in financial instruments, that, in combination, provide 3X daily inverse (opposite) or short exposure to the index or to ETFs that track 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

Modest 1-Year Return
TMV returned 1.4% over the past year.
Higher Cost Profile
Expense ratio of 1.01% is above average. Verify whether the strategy justifies the cost.
Broadly Diversified
Top 10 holdings represent just 0.3% of the ETF — exposure spread across many positions.
ETF Information
AUM$151.8M
Expense Ratio1.01%
Dividend Yield2.82%
Holdings1
Inception DateApr 2009
DomicileUnited States
DistributionNA
Index–
ProviderDirexion Funds
Beta-6.69
CategoryTrading--Inverse Debt
CurrencyUSD
Portfolio Impact

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Example preview
6168
+7 points · better diversified

Chart Tools

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+27.5%
1Y
+12.0%
3Y
+31.9%
5Y
+229.3%
OpenBook InsightIf you had invested £10,000 in TMV 5 years ago, it would have grown to £32,933 — a gain of £22,933.

Annual Returns

Calendar year performance

TMV delivered positive returns in 3 of the last 5 calendar years.
YearTMV
2026 YTD+13.0%
2025-3.2%
2024+37.1%
2023-4.3%
2022+132.2%
CAGR 4yr+31.1%
3/5 positive yearsAvg return: +35.0%Worst year: -4.3% (2023)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
67%
Positive
Volatility
31.6%
High
Momentum
+3.6%
30-day change
Support Level
40.81
Key floor
Key Insights
  • Monitor key support and resistance levels as part of broader risk assessment.