TMF icon

Direxion Daily 20+ Year Treasury Bull 3X Shares

42.02 USD
+0.65
1.57%
At close Dec 20, 4:00 PM EST
After hours
42.11
+0.09
0.21%
1 day
1.57%
5 days
-6.37%
1 month
-6.29%
3 months
-29.73%
6 months
-20.21%
Year to date
-33.60%
1 year
-37.02%
5 years
-84.19%
10 years
-80.44%
0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]

46% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 13

29% more capital invested

Capital invested by funds: $143M [Q2] → $184M (+$40.8M) [Q3]

11% more funds holding

Funds holding: 56 [Q2] → 62 (+6) [Q3]

6% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 17

0.07% less ownership

Funds ownership: 2.84% [Q2] → 2.77% (-0.07%) [Q3]

41% less call options, than puts

Call options by funds: $268M | Put options by funds: $457M

Research analyst outlook

We haven’t received any recent analyst ratings for TMF.

Financial journalist opinion

Neutral
ETF Trends
2 weeks ago
Top Performing Leveraged/Inverse ETFs: 12/01/2024
Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Top Performing Leveraged/Inverse ETFs: 12/01/2024
Positive
ETF Trends
1 month ago
Rising Yields Bring Inverse Treasury ETFs Back to Positive Territory
With the path to rate cuts clearer, Treasury bonds have been heading higher since the start of the summer, but they've taken a turn. The return of rising yields have been putting the Direxion Daily 20+ Yr Trsy Bear 3X ETF (TMV) and the Direxion Daily 7-10 Year Treasury Bear 3X Shares (TYO) back into positive territory.
Rising Yields Bring Inverse Treasury ETFs Back to Positive Territory
Positive
Seeking Alpha
1 month ago
TMF: Not Suited For The Long Term, But Ideal For A Trading Strategy
TMF, with its 3x leverage, is the most volatile and performs best for short-term trades, despite its risks over long-term holding. The recent yield curve shifts and increased volatility could present a good trading opportunity, making TMF an attractive choice for short-term positions. Given the structure of the TMF ETF, effective risk management is crucial; consider integrating strategies to mitigate potential capital losses, and avoid including it in a long-term portfolio.
TMF: Not Suited For The Long Term, But Ideal For A Trading Strategy
Positive
ETF Trends
2 months ago
Steepening Yield Curve Pushes These 2 ETFs Higher
As the U.S. Federal Reserve starts to ease monetary policy, the yield curve is starting to steepen after a couple of years inverted. In turn, this is pushing a pair of leveraged exchange traded funds (ETFs) from Direxion higher.
Steepening Yield Curve Pushes These 2 ETFs Higher
Positive
Seeking Alpha
2 months ago
Buying TMF On The Sell The News Rate Cut Event
The Federal Reserve's 50 basis point rate cut led to a sell-off in Treasuries, creating a short-term buying opportunity for investors. TMF offers 3x leveraged exposure to long-term Treasuries, which should benefit from anticipated further rate cuts in 2024 and 2025. Despite risks like interest rate and duration risk, TMF is positioned to perform well in the near term due to expected rate declines.
Buying TMF On The Sell The News Rate Cut Event
Neutral
Seeking Alpha
3 months ago
Undercovered ETFs You Should Know About: 12 Analysts' Picks From August-September 2024
The 'Undercovered' Dozen ETF edition highlights less covered ETFs, focusing on seven in-depth analyses and five brief mentions, from articles published between August 15th and September 16th. The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) has shown volatility but is stabilizing; patience is advised by The Sunday Investor as its high-quality selections might perform well. The SPDR Portfolio S&P 500 High Dividend ETF (SPYD) offers a 4.07% yield but lacks complexity according to MacroGirl; consider alternatives like PEY.
Undercovered ETFs You Should Know About: 12 Analysts' Picks From August-September 2024
Neutral
Seeking Alpha
3 months ago
Rates Spark: ECB Presser Bear-Flattened The Curve
The ECB cut rates by 25bp as widely anticipated, but a slightly hawkish tilt bear flattened the EUR curve, which in our view remains priced aggressively. In the US, as the markets head towards the Fed's first rate cut, the probability of a larger cut rose slightly on Thursday.
Rates Spark: ECB Presser Bear-Flattened The Curve
Positive
ETF Trends
3 months ago
Expected Rate Cuts Can Keep Pushing These ETFs Higher
The expectation of interest rate cuts can keep pushing bond ETFs higher, giving traders options in bullish leveraged options for profit maximization. In the meantime, more investors are adding bonds to their portfolios, especially after a volatile August.
Expected Rate Cuts Can Keep Pushing These ETFs Higher
Negative
ETF Trends
3 months ago
Direxion's Ed Egilinsky Talks Small-Caps, Growth & More
Following market uncertainty in August, investors may feel compelled to reassess their portfolio allocations. With potential rate cuts from the Federal Reserve on the horizon, now may be a good time to diversify your portfolio and seek growth strategies.
Direxion's Ed Egilinsky Talks Small-Caps, Growth & More
Positive
Seeking Alpha
3 months ago
TMF's Leveraged Exposure To Long-Term Treasuries Will Benefit From Rate Cuts
Recent market conditions have sparked interest in long-term Treasury bonds due to probable rate cuts by the Federal Reserve. Treasuries provide steady income, a hedge against stock market drops, and offer safety backed by the U.S. government. The Direxion Daily 20+ Year Treasury Bear 3X Shares ETF (TMF) may see gains as Treasuries appreciate with probable rate cuts and possible market uncertainties.
TMF's Leveraged Exposure To Long-Term Treasuries Will Benefit From Rate Cuts
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