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Direxion Daily 20+ Year Treasury Bull 3X Shares (TMF)
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Upturn Advisory Summary
11/13/2025: TMF (1-star) is a SELL. SELL since 1 days. Simulated Profits (0.40%). Updated daily EoD!
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -2.09% | Avg. Invested days 37 | Today’s Advisory SELL |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 11/13/2025 |
Key Highlights
Volume (30-day avg) - | Beta 6.44 | 52 Weeks Range 33.19 - 62.66 | Updated Date 06/29/2025 |
52 Weeks Range 33.19 - 62.66 | Updated Date 06/29/2025 |
Upturn AI SWOT
Direxion Daily 20+ Year Treasury Bull 3X Shares
ETF Overview
Overview
The Direxion Daily 20+ Year Treasury Bull 3X Shares (TMF) seeks daily investment results, before fees and expenses, of 300% of the daily performance of the ICE U.S. Treasury 20+ Year Bond Index. It provides leveraged exposure to long-term U.S. Treasury bonds.
Reputation and Reliability
Direxion is a well-known issuer of leveraged and inverse ETFs, with a generally reliable track record for delivering the stated daily leverage. However, leveraged ETFs are complex products and should be used with caution.
Management Expertise
Direxion has a dedicated management team experienced in structuring and managing leveraged ETFs.
Investment Objective
Goal
To seek daily investment results, before fees and expenses, of 300% of the daily performance of the ICE U.S. Treasury 20+ Year Bond Index.
Investment Approach and Strategy
Strategy: The ETF employs a leveraged strategy, aiming for three times the daily return of the underlying index.
Composition Primarily invests in financial instruments, such as swap agreements, repurchase agreements, and U.S. Treasury securities, to achieve its 3x leveraged exposure to long-term Treasury bonds.
Market Position
Market Share: TMF holds a moderate market share within the leveraged long-term Treasury ETF niche.
Total Net Assets (AUM): 789667000
Competitors
Key Competitors
- ProShares Ultra 20+ Year Treasury (UBT)
- iShares 20+ Year Treasury Bond ETF (TLT)
Competitive Landscape
The leveraged long-term Treasury ETF market is relatively concentrated. TMF offers higher leverage than UBT, attracting traders seeking more aggressive daily returns. TLT is a non-leveraged alternative for investors with a longer time horizon.
Financial Performance
Historical Performance: Due to its leveraged nature, historical performance is highly volatile and dependent on daily Treasury bond movements. Past performance is not indicative of future results.
Benchmark Comparison: The ETF aims to deliver 3x the *daily* performance of its benchmark, but compounding effects can lead to significant deviations over longer periods.
Expense Ratio: 0.95
Liquidity
Average Trading Volume
TMF exhibits relatively high average trading volume, indicating good liquidity for most traders.
Bid-Ask Spread
The bid-ask spread can be wider than non-leveraged ETFs, especially during periods of high volatility, impacting trading costs.
Market Dynamics
Market Environment Factors
Interest rate expectations, inflation data, and geopolitical events significantly influence Treasury bond yields, and therefore TMF's performance.
Growth Trajectory
TMF's growth is tied to investor demand for leveraged exposure to long-term Treasury bonds, often driven by expectations of falling interest rates.
Moat and Competitive Advantages
Competitive Edge
TMF's competitive advantage lies in its high leverage (3x), which attracts traders seeking magnified daily returns from long-term Treasury bond movements. This high leverage, however, carries substantial risk. It caters to a specific niche of investors seeking short-term, tactical positions. It's a tool for speculation rather than long-term investment, distinguishing it from non-leveraged Treasury ETFs.
Risk Analysis
Volatility
TMF is a highly volatile ETF due to its leveraged nature, making it unsuitable for risk-averse investors.
Market Risk
The primary market risk is interest rate risk; rising interest rates will likely lead to significant losses in TMF's value. Additionally, compounding effects can erode value over time, especially in volatile markets.
Investor Profile
Ideal Investor Profile
TMF is suitable for sophisticated traders with a high-risk tolerance who understand the complexities of leveraged ETFs and are seeking short-term, tactical exposure to long-term Treasury bonds.
Market Risk
TMF is best suited for active traders with a short-term investment horizon. It is *not* suitable for long-term investors or passive index followers.
Summary
Direxion Daily 20+ Year Treasury Bull 3X Shares (TMF) is a leveraged ETF designed to deliver three times the daily performance of long-term U.S. Treasury bonds. It offers traders the potential for magnified gains, but also carries significant risk due to its leveraged nature. This ETF is not a suitable long-term investment and should only be used by sophisticated traders. TMF's performance is highly dependent on daily movements in Treasury yields, making it a speculative tool.
Similar ETFs
Sources and Disclaimers
Data Sources:
- Direxion Investments
- ETF.com
- Morningstar
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investing in leveraged ETFs involves significant risk and is not suitable for all investors. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Direxion Daily 20+ Year Treasury Bull 3X Shares
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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.S. Treasury securities that have a remaining maturity of greater than 20 years. The fund is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.