Direxion FundsLeveraged BondTMF · NYSE Arca

Direxion Daily 20+ Year Treasury Bull 3X ETF (TMF)

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Price: $29.31; —11 Sept 2026
Assets: $2.2B; Total net assets
Expense ratio: 0.90%; Category 0.00%
Yield: 4.70%; Trailing distributions

1Y return: -27.7%-14.1%; Category -13.7%
3Y CAGR: -17.5%-14.9%; Category -2.6%
5Y CAGR: -35.0%-20.7%; Category -14.3%

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Direxion Daily 20+ Year Treasury Bull 3X ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-4.6%	-15.8%	-18.1%	-20.2%	-27.7%	-17.5%	-35.0%	-18.2%	-6.7%
Leveraged Bond average	-1.8%	-3.5%	-4.4%	-5.3%	-13.7%	-2.6%	-14.3%	-6.2%	0.4%
Difference	-2.8%	-12.3%	-13.7%	-14.9%	-14.1%	-14.9%	-20.7%	-12.0%	-7.1%

Holdings

The 1 largest positions make up 19.7% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
TLT	iShares 20+ Year Treasury Bond ETF	19.70%

Credit quality

Share of the bonds by rating.

US government19.5%
AA100.0%

Asset mix

Other67.7%
Bonds19.5%
Cash12.8%

ETF details

Issuer: Direxion Funds
Category: Fixed Income · Leveraged Bond
Ticker: TMF
Exchange: NYSE Arca
Inception: 16 Apr 2009 (17.4 years)
Structure: Exchange Traded Fund
Expense ratio: 0.90% (category 0.00%)
Holdings turnover: 142%
Distribution yield: 4.70%
Beta, 3 years: 7.19
Total net assets: $2.2B
Average duration: 3.57 years

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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