|Bid||0.00 x 1000|
|Ask||0.00 x 1000|
|Day's Range||17.57 - 18.02|
|52 Week Range||15.17 - 23.01|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||9.71|
|Expense Ratio (net)||0.98%|
The Dow Jones Industrial Average plunged almost 800 points on Thursday followed by another day of sell-offs in U.S. equities with a loss of over 500 points on Friday, confirming that a risk-off sentiment is being highlighted by a flight to government debt--a benefit for leveraged Treasury bull exchange-traded funds (ETFs) like the Direxion Daily 7-10 Year Treasury Bull 3X ETF (TYD) and Direxion Daily 20+ Year Treasury Bull 3X ETF (TMF) . It's certainly welcome news for the bond markets as inflows of capital flood the fixed-income space, but to equities investors, it could be a sign of more pain to come. TYD seeks daily investment results equal to 300% of the daily performance of the ICE U.S. Treasury 7-10 Year Bond Index.
Given the current certainties and market risks, ETF investors should construct resilient portfolios to participate on any further upside and hedge the downside. On the recent webcast (available On Demand for CE Credit), Potential ETF Strategies for Today’s (and Tomorrow’s) Markets, Sylvia Jablonski, Managing Director and Institutional ETF Strategist for Direxion and Portfolio+ ETFs, outlined a number of global elements that may influence an investor portfolio, such as the U.S. economy entering late-cycle phase, the Federal reserve moving toward monetary policy normalization, rising interest rates, building inflationary pressures, increasing dispersion amongst sectors, and changing geopolitical climate. "If you’re an investor, you have to believe that markets generally rise over time.
As markets surge and then sputter, the prospects of downside risk loom large in the short term. Yet advisors have to meet the challenge of steering through periods of market volatility, while continuing ...
You won’t find many people willing to argue that the fixed income market has been especially exciting over the past decade, even with the 10-year bond yield’s recent rise above 3 percent for the first time since 2014. You might even ask “Who cares about the bond market with cryptocurrencies, oil on a tear, and the equities market still smoldering? Well, now might be exactly the time to pay attention to that yield, and funds that have exposure (or inverse) to bonds, like Direxion’s Daily 7-10 Year Treasury Bull (NYSE: TYD) and Bear (NYSE: TYO) 3X Shares ETFs or the Daily 20+ Year Treasury Bull (NYSE: TMF) and Bear (NYSE: TMV) 3X Shares ETFs.