TMF Direxion Daily 20+ Year Treasury Bull 3X ETF
Quote as of Aug 26, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 32.05 | Day Range | 31.59 – 31.86 |
| 52-Week Range | 29.45 – 44.24 | Volume | 2.72M |
| Avg Volume | 3.87M | AUM | $2.28B (Aug 27, 2026) |
| Expense Ratio | 1.01% | Yield (TTM) | 4.53% |
| NAV | 32.07 | Premium/Discount | -0.72% indicative |
| Inception | Apr 16, 2009 | Holdings | 13 |
| Issuer | Direxion | Exchange | AMEX |
| Category | Treasury Bonds | Index Tracked | Not stated in source data |
| CUSIP | 25460G138 | ISIN | US25460G1388 |
| Structure | Leveraged 3x Inverse | ||
| Management | Not stated in source data | ||
About this ETF
The Direxion Daily 20+ Year Treasury Bull & Bear 3X ETFs endeavor to achieve daily investment outcomes, before accounting for fees and expenses. Specifically, these outcomes aim to replicate either 300% of the daily performance of the ICE U.S. Treasury 20+ Year Bond Index, or 300% of its inverse (opposite) movement. Investors should be aware that the successful attainment of these precise daily objectives is not guaranteed.
Description from the fund data provider · profile as of Aug 27, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +0.63% | -6.31% | -20.98% | -14.12% | -14.17% | -19.26% | -35.55% | -19.53% | -8.34% |
| Total return | +0.63% | -5.35% | -19.63% | -12.67% | -10.75% | -16.35% | -33.87% | -17.89% | -6.26% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 1.01% | Annual cost of a $10,000 investment | $101.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 25, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 8 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | ISHARES 20+ YEAR TREASURY BOND ETF SWAP | — | 62.43% | 57.46M | $4.71B |
| 2 | ISHARES 20+ YEAR TREASURY BD | TLT | 19.18% | 17.66M | $1.45B |
| 3 | 20+ Year Treasury Bull 3x | — | 4.89% | 4.50M | $369.2M |
| 4 | DREYFUS GOVT CASH MAN INS | — | 4.67% | 352.85M | $352.9M |
| 5 | JP MORGAN 100 US TRSY CAPITAL 3163 | — | 3.11% | 235.00M | $235.0M |
| 6 | DREYFUS TRSRY SECURITIES CASH MGMT | — | 2.69% | 202.95M | $202.9M |
| 7 | GOLDMAN FINL SQ TRSRY INST 506 | — | 2.51% | 189.41M | $189.4M |
| 8 | GOLDMAN SACHS FIN GOV 465 INSTITUT | — | 0.51% | 38.64M | $38.6M |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 4.53% | Paid (last 12 months) | $1.4528 |
| Frequency | Quarterly | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Jun 23, 2026 | Last payment | $0.3651 (Jun 30, 2026) |
| Growth 1Y | -9.70% | Growth 3Y / 5Y (ann.) | +106.41% / +15.23% |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Jun 23, 2026 | Jun 23, 2026 | Jun 30, 2026 | $0.3651 |
| Mar 24, 2026 | Mar 24, 2026 | Mar 31, 2026 | $0.2232 |
| Dec 23, 2025 | Dec 23, 2025 | Dec 31, 2025 | $0.4591 |
| Sep 23, 2025 | Sep 23, 2025 | Sep 30, 2025 | $0.4054 |
| Jun 24, 2025 | Jun 24, 2025 | Jul 01, 2025 | $0.3617 |
| Mar 25, 2025 | Mar 25, 2025 | Apr 01, 2025 | $0.2879 |
| Dec 23, 2024 | Dec 23, 2024 | Dec 31, 2024 | $0.5243 |
| Sep 24, 2024 | Sep 24, 2024 | Oct 01, 2024 | $0.4351 |
| Jun 25, 2024 | Jun 25, 2024 | Jul 02, 2024 | $0.4350 |
| Mar 19, 2024 | Mar 20, 2024 | Mar 26, 2024 | $0.3198 |
| Dec 21, 2023 | Dec 22, 2023 | Dec 29, 2023 | $0.4973 |
| Sep 19, 2023 | Sep 20, 2023 | Sep 26, 2023 | $0.0502 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 27.78% / 39.94% | Sharpe 1Y / 3Y | -0.396 / -0.331 |
| Max drawdown 1Y / 3Y | -30.43% / -51.84% | Sortino 1Y | -0.554 |
| Beta vs S&P 500 (3Y) | 0.382 | Correlation vs S&P 500 (1Y) | 0.228 |
| Downside deviation 1Y | 19.86% | Risk-free rate used | 3.72% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 26, 2026. Formulas →
Liquidity
| Volume today | 2.72M | Average volume | 3.87M |
| AUM | $2.28B | Premium/Discount | -0.72% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $40.0M | +1.84% | $2.18B → $2.22B |
| 1 Week | $44.4M | +2.07% | $2.14B → $2.22B |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for TMF
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.