Direxion Daily 20+ Year Treasury Bull 3X Shares
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
35% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 17
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
2% more funds holding
Funds holding: 64 [Q3] → 65 (+1) [Q4]
0.21% more ownership
Funds ownership: 2.78% [Q3] → 2.99% (+0.21%) [Q4]
16% less capital invested
Capital invested by funds: $184M [Q3] → $154M (-$30.1M) [Q4]
17% less call options, than puts
Call options by funds: $177M | Put options by funds: $213M
50% less funds holding in top 10
Funds holding in top 10: 2 [Q3] → 1 (-1) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for TMF.
Financial journalist opinion
Based on 3 articles about TMF published over the past 30 days
Neutral
ETF Trends
2 days ago
Heavy Market Volatility Creates Opportunities for Treasuries
Tariffs are roiling the major stock market indexes with volatility. So investors have been pouring into bonds to escape the turmoil.
Neutral
Seeking Alpha
1 week ago
TMF: No Silver Lining
President Trump's tariff policy risks triggering a severe recession or depression, with potential global economic fallout and retaliatory actions from trading partners. The tariffs are essentially a massive tax hike, affecting everyday items and potentially leading to significant economic downturns worse than the 2008 crisis. Economic uncertainty, market volatility, and recession risks are spiking, with equity prices likely to decline significantly as P/E ratios adjust to lower earnings.
Neutral
ETF Trends
3 weeks ago
Direxion Debuts New Single-Stock ETFs for Eli Lilly & Palo Alto
On Wednesday, Direxion expanded its suite of leveraged and inverse ETF products with the launch of four new funds. Each of the new Direxion ETFs offers leveraged or inverse exposure to a single stock's daily price performance.
Positive
Seeking Alpha
1 month ago
My Favorite Strategy To Trade Long-Term Treasury Bonds
The strategy uses signals to go long and short on bonds via TMF and TBT. By comparing the 30-day performance of SPY and DJP, the strategy determines positions in TBT or TMF based on inflation and asset price trends. The strategy shows positive alpha, negative beta to SPY, and outperforms TLT and SPY in average performance and Sharpe ratio, with lower drawdowns.
Positive
Seeking Alpha
3 months ago
TMF: Levered Bet On Duration
Direxion Daily 20+ Year Treasury Bull 3X Shares ETF offers 3x leveraged returns on long-term treasury bonds, making it highly sensitive to interest rate changes. Investor sentiment may be becoming too hawkish on Fed policy, with only 1 rate cut expected in 2025. However, the wildcard is President Trump's policies. If he implements his campaign promises of tariffs and tax cuts, inflation and budget deficits may soar, which could lead to higher yields.
Neutral
ETF Trends
4 months 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.
Positive
ETF Trends
5 months 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.
Positive
Seeking Alpha
5 months 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.
Positive
ETF Trends
6 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.
Positive
Seeking Alpha
6 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.
Charts implemented using Lightweight Charts™