TYODirexion Daily 7-10 Year Treasury Bear 3x Shares
TYO Fund Description
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 MSCI ESG Analytics Insight
Direxion Daily 7-10 Year Treasury Bear 3x Shares has an MSCI ESG Fund Rating of A based on a score of 6.09 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 7-10 Year Treasury Bear 3x Shares ranks in the 34th percentile within its peer group and in the 0th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
TYO 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.