TYO Direxion Daily 7-10 Year Treasury Bear 3x Shares
What is TYO?
TYO provides daily -3x exposure to a market-value weighted index of U.S. Treasury bonds with remaining maturities between 7 and 10 years.
TYO Factset Analytics Insight
TYO provides daily inverse leveraged -3x exposure to the ICE U.S. Treasury 7-10 Year Bond Index. The index is designed to rise when yields rise, making TYO a highly leveraged bet on rising yields. The fund delivers its -3x daily resetting exposure to T-Notes with 7 to 10 years left to maturity, but don’t expect the headline leverage exposure to remain the same if holding for more than one day. Management fees are of less concern, as a tactical tool, investors should pay extra attention to TYO's trading characteristics to determine if it has enough liquidity to support same-day entry and exit. Prior to May 2, 2016, TYO tracked the NYSE 7-10 Year Treasury Bond Index. The change is not expected to have a material impact on exposure or performance.
TYO Summary Data
TYO Fund Structure
TYO Tax Exposures
TYO Portfolio Data
TYO Index Data
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of TYO. TYO is rated a N/A out of 5.