Skip to content
Beacon

TYDDirexion Daily 7-10 Year Treasury Bull 3X Shares

Take a bet17y track recordRanked #325 of 775 in this goal

Seeks daily investment results of 300% of the performance of the ICE U.S. Treasury 7-10 Year Bond Index.

By Direxion Funds · Launched 2009

Annual Cost

1.07%

#5,126 of 5,562 · expensive

Fund Size

$35M

#3,891 of 5,562 · small

Return (1Y)Goal

+0.4%

Track Record

17 years

#665 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$9,414-5.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Leveraged

Index tracked

ICE US Treasury 7-10 Year Bond Index

What it actually holds

By weight

Concentration

Top 8 holdings = 106.6% of fundconcentrated

ISHARES LEHMAN 20+ YEARS TREASURY BOND F
69.6%
DREYFUS GOVERNMENT CASH MANAGE
28.3%
GOLDMAN FINANCIAL
5.0%
N/A
1.6%
N/A
1.4%
N/A
0.4%
N/A
0.3%
GOLDMAN SACHS LIQ ES FD A
0.0%

Asset allocation

Bonds
69.9%
Cash
33.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
13.8%Moderate

Year-on-year price swings

Max drawdown
-64.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)
-0.34Below average
Sortino (3Y)
-0.47Moderate downside risk

Bond profile

Duration

4.2 years

Avg maturity

9.9 years

Credit ratings

US Government
69.9%
AA
100.0%

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results of 300% of the performance of the ICE U.S. Treasury 7-10 Year Bond Index.
Strategy
Invests primarily in financial instruments that provide 3x leveraged exposure to the ICE U.S. Treasury 7-10 Year Bond Index. Designed for daily performance tracking, it is not suitable for long-term holding due to compounding effects.
Inception date
April 16, 2009
Fund family
Direxion Funds

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

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

What's next?

You've reviewed TYD. Save it to your watchlist to track it alongside the other funds you're weighing.

Data updated on 2026-06-19