TMF

Direxion Daily 20+ Year Treasury Bull 3X Shares
*Unless otherwise stated, data provided by FactSet.

TMF Fund Description

TMF provides 3x daily exposure to a market-value-weighted index of US Treasury Bonds with over 20 years to maturity.

TMF Factset Analytics Insight

TMF provides daily leveraged (3x) exposure to the ICE U.S. Treasury 20+ Year Bond Index. Using a combination of swaps and futures, TMF gives investors 3x exposure to daily moves in T-bonds with more than 20 years left to maturity. The daily reset means investors shouldn't expect the leverage factor to hold constant over investment horizons greater than one day. In short, the fund is a valid option for tactical positioning/hedging against rising interest rates, but it's important to keep in mind that the 3x leverage results in greater impact from the effects of compounding. As a levered product, TMF is not a buy-and-hold ETF, it's a short-term tactical instrument. Prior to May 2, 2016, TMF tracked the NYSE 20+ Year Treasury Bond Index. The change had minimal impact on investor’s exposure.

TMF MSCI ESG Analytics Insight

Direxion Daily 20+ Year Treasury Bull 3X Shares has an MSCI ESG Fund Rating of A based on a score of 5.98 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Direxion Daily 20+ Year Treasury Bull 3X Shares ranks in the 49th percentile within its peer group and in the 0th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 06/16/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
TMF 9.23% 9.60% -29.26% -36.20% 11.37% -0.43% 10.64%
TMF (NAV) 8.77% 10.50% -29.65% -33.12% 11.17% -0.80% 10.45%
ICE U.S. Treasury 20+ Year Bond Index 2.93% 3.78% -10.42% -10.87% 7.58% 2.91% --
Bloomberg Barclays Long U.S. Treasury Index 2.72% 3.57% -10.01% -10.51% 7.59% 2.93% 6.10%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

TMF Summary Data

Direxion
04/16/09
Open-Ended Fund
1.05%
$239.56M
0.04%
UBT

TMF Portfolio Data

2.89%
N/A

TMF Index Data

Market Value
Market Value
Bloomberg Barclays Long U.S. Treasury Index

TMF Fund Structure

Yes
Yes
-- / --
N/A
N/A
Low
3
Daily

TMF Tax Exposures

20.00% / 39.60%
--
No

TMF Factset Analytics Block Liquidity

As of 06/17/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of TMF. TMF is rated a N/A out of 5.

TMF Tradability

705,739
$16.75M
643,055
$15.26M
0.04%
$0.01
0.03%
1.19% / -1.16%
None
100.00%
50,000
12.86
0.02%
--
26,676
$24.76
N/A

TMF MSCI ESG Ratings

5.98 / 10
--
49.00
--
--
2.50