Direxion Daily 20+ Year Treasury Bear 3x Shares (TMV)
| Assets | $201.17M |
| Expense Ratio | 1.01% |
| PE Ratio | n/a |
| Shares Out | 5.15M |
| Dividend (ttm) | $1.48 |
| Dividend Yield | 3.84% |
| Ex-Dividend Date | Sep 24, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | +29.08% |
| Volume | 1,637,716 |
| Open | 38.14 |
| Previous Close | 39.01 |
| Day's Range | 37.68 - 38.51 |
| 52-Week Low | 26.16 |
| 52-Week High | 42.32 |
| Beta | -0.78 |
| Holdings | 9 |
| Inception Date | Apr 16, 2009 |
About TMV
Fund Home PageThe Direxion Daily 20+ Year Treasury Bear 3x Shares (TMV) is an exchange-traded fund that is based on the US Treasury 20+ Year index. The fund provides -3x daily exposure to a market-value-weighted index of US Treasury bonds with over 20 years to maturity. TMV was launched on Apr 16, 2009 and is issued by Direxion.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 24, 2024 | $0.316 | Oct 1, 2024 |
| Jun 25, 2024 | $0.397 | Jul 2, 2024 |
| Mar 19, 2024 | $0.494 | Mar 26, 2024 |
| Dec 21, 2023 | $0.270 | Dec 29, 2023 |
| Sep 19, 2023 | $0.261 | Sep 26, 2023 |
| Jun 21, 2023 | $0.31575 | Jun 28, 2023 |
News
TMV: A Levered Play Against Treasuries
TMV offers leveraged inverse exposure to long-term Treasury bonds, aiming for three times the opposite daily performance of the ICE U.S. Treasury 20+ Year Bond Index. The fund's 3x leverage allows for...
Turning Bullish Once More In TMV
Initially rated Direxion Daily 20+ Year Treasury Bear 3X Shares a 'Buy' in 2022, yielding 65% and 51% returns since commentaries, but downgraded to 'Hold' in 2023 due to time decay risks. Leveraged fu...
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...
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...
Hawkish Remarks On Monday Would Play In Favor Of TMV
Direxion Daily 20+ Year Treasury Bear 3X Shares ETF is a leveraged ETF that takes a 3x position against long-dated Treasuries. Inflation expectations remain high, meaning that inflation will necessari...
TMV: Efficient Hedge And Income Play For Volatile Long Bond Market
TLT is risky due to volatility in the current market, TMV offers a reasonable choice for hedging against TLT long holdings. TMV is a daily inverse triple for TLT, with triple the volatility. It could ...
TMV: FOMC Conference Next Week, A Key Potential Catalyst
The Direxion Daily 20+ Year Treasury Bear 3X Shares ETF is a leveraged ETF that takes a 3x leveraged position against high-duration Treasuries. Leveraged ETFs have unintuitive behavior and value erosi...
TMF And TMV: Not As Attractive As Other Double-Short Pairs Trades
Pairing Direxion Daily's 20+ Year Treasury Bull 3X Shares ETF with their 20+ Year Treasury Bear 3X Shares ETF produces a low volatility couple. Shorting both leveraged ETFs is attractive because they ...
TMV: Continue To Buy Aggressively On Tradeable Bottoms
Direxion Daily 20+ Year Treasury Bear 3X Shares has delivered strong returns, up almost 51% since August 2021 and 36% since March 2022. Holding leveraged funds like TMV for a sustainable period of tim...
TMV: Peak Rates Are In, Sell It
TMV is a leveraged ETF that offers 300% of the inverse daily performance of the ICE U.S. Treasury 20+ Year Bond Index, making it a highly volatile and short-term speculative instrument. The main drive...
TMV: History Unlikely To Repeat
TMV provides -3x exposure to a 1-day return of the ICE U.S. Treasury 20+ Year Bond Index. The TMV ETF returned 151% in 2022.
TMV: There's Still Time To Get In On The Most Profitable Trade Of The Year
The Federal Reserve insists its future rate action will follow the data. That data shows Consumer Expenditures rising and likely to get worse. You already missed out on huge gains by ignoring TMV but ...
TMV: The Momentum Trade
The fund has returned 54% over the past 6 months and 10%+ over the last month. This has resulted in a change in the long-term trend.