TMFDirexion Daily 20+ Year Treasury Bull 3X Shares
Seeks daily investment results of 300% of the daily performance of the U.S. Treasury securities index.
Direxion Funds · Since 2009 (17 years)
0.90%
#4325 out of 5,332 ETFs
$3.0B
#525 out of 5,332 ETFs
4.02%
17 years
#684 out of 5,332 ETFs
Performance
1 Year
-12.3%
3 Years
-23.5%
5 Years
-30.4%
What's inside
Top holdings
Risk profile
29.7%
High
-92.5%
Worst peak-to-trough loss
-0.52
Below average
-0.70
Moderate downside risk
Bond profile
Duration
3.4 years
Avg maturity
7.8 years
Credit ratings
Similar ETFs
Our take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Leveraged ETF — not a long-term hold
This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.
Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Why we flagged this: strategy=leveraged + leveraged_name_or_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
Data updated on 2026-05-05