Direxion FundsInverse BondTMV · NYSE Arca

Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV)

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Price: $42.75; —30 Oct 2026
Assets: $242.6M; Total net assets
Expense ratio: 0.97%; Category 0.00%
Yield: 1.92%; Trailing distributions

1Y return: 30.3%+13.9%; Category 16.4%
3Y CAGR: -2.3%-2.0%; Category -0.3%
5Y CAGR: 27.7%+12.7%; Category 15.0%

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Direxion Daily 20+ Year Treasury Bear 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	-14.3%	0.0%	+12.8%	+17.6%	+30.3%	-2.3%	+27.7%	+0.4%	-13.9%
Inverse Bond average	-6.7%	1.4%	8.1%	11.3%	16.4%	-0.3%	15.0%	1.4%	-4.3%
Difference	-7.6%	-1.4%	+4.7%	+6.3%	+13.9%	-2.0%	+12.7%	-1.0%	-9.7%

Holdings

Allocation as last published by the fund.

Credit quality

Share of the bonds by rating.

US government2.9%

Asset mix

Cash83.5%
Stocks13.7%
Bonds2.9%

ETF details

Issuer: Direxion Funds
Category: Fixed Income · Inverse Bond
Ticker: TMV
Exchange: NYSE Arca
Inception: 16 Apr 2009 (17.5 years)
Structure: Exchange Traded Fund
Expense ratio: 0.97% (category 0.00%)
Holdings turnover: 0%
Distribution yield: 1.92%
Beta, 3 years: -6.99
Total net assets: $242.6M

Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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