TMV - Direxion Daily 20+ Yr Trsy Bear 3X ETF

NYSEArca - Nasdaq Real Time Price. Currency in USD
18.19
-0.28 (-1.52%)
As of 3:21PM EST. Market open.
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Previous Close18.47
Open18.21
Bid18.21 x 1000
Ask18.22 x 4000
Day's Range18.00 - 18.23
52 Week Range17.23 - 23.70
Volume417,232
Avg. Volume660,533
Net Assets247.66M
NAV18.01
PE Ratio (TTM)N/A
Yield0.63%
YTD Return-3.15%
Beta (3Y Monthly)-9.68
Expense Ratio (net)0.99%
Inception Date2009-04-16
Trade prices are not sourced from all markets
  • ETF Trends28 days ago

    Jamie Dimon Calls for Government Shutdown to “End Immediately”

    JP Morgan CEO Jamie Dimon said in a note on Friday that the bank is giving $1 million to Feeding America and United Way Worldwide to provide meals, services, counseling, and other financial aid to help federal workers and their families affected by the government shutdown. With government officials advising unpaid federal workers to take out loans and other forms of credit in the midst of the shutdown, Dimon and JP Morgan decided to take action. "As the government shutdown drags on, I want you to know that we're working hard to help our communities and our customers, just as we do whenever they are struggling.

  • ETF Trends2 months ago

    Traders Love This Bearish Bond ETF

    With the Federal Reserve having raised interest rates three times this year, many fixed income investors are departing long-dated bonds and the related exchange traded funds. Some traders are taking that ...

  • ETF Trends3 months ago

    20+ Yr Leveraged Bond ETF is One to Watch

    The Federal Reserve is widely expected to raise interest rates in December, marking the fourth time this year the central bank will have done so. With less than two months left in 2018, fixed income market observers are turning their attention to the Fed's 2019 interest rate plans. “Contracts tied to the Fed’s policy rate that are traded at CME Group’s Chicago Board of Trade pared earlier losses after the Fed slightly downgraded its description of business investment, saying growth had moderated since earlier in the year,” Reuters reports.

  • ETF Trends4 months ago

    Leveraged Treasury Bear ETF Rockets Past 200-Day MA During October

    "Red October" and "Volatile October" are just a couple of monikers the past month can be aptly named after the capital markets were fueled by sell-offs. The bond market saw its fair share of doldrums as a result of the whipsawing volatility as Treasury yields reached its own highs--a boon for TMV. As bond prices were getting depressed, a movement into short duration by dogpiling into certain bond ETFs for the purposes of hedging benefitted TMV.

  • Yields Are Soaring: Here's How to Short Treasury With ETFs
    Zacks4 months ago

    Yields Are Soaring: Here's How to Short Treasury With ETFs

    As yields are surging, investors are putting their money in ETFs that bet against U.S. Treasury bond. Here's how to play.

  • ETF Trends5 months ago

    5 Leveraged Treasury ETPs Benefitting from Rising Yields

    As benchmark Treasury yields continue to shoot up as the Labor Department revealed more jobs data on Friday, leveraged bear and inverse Treasury exchange-traded products (ETPs) continued to benefit from the rise. As the Dow Jones Industrial Average fell over 150 points less than an hour before the close of the market, benchmark Treasury yields continued their weeklong ascent with the 10-year note hitting 3.229 and the 30-year settling to 3.403.

  • ETF Trends5 months ago

    Continued Rate Hikes a Boon for ‘TMV’ ETF

    While the U.S. economy continues its forward momentum with tailwinds from a strong stock market that has already seen major indexes like the S&P 500 reach record levels, the Federal Reserve is primed to continue hiking the federal funds rate, which is a boon to the  Direxion Daily 20+ Yr Trsy Bear 3X ETF (TMV) . TMV seeks daily investment results before fees and expenses of 300% of the inverse of the daily performance of the ICE U.S. Treasury 20+ Year Bond Index. TMV invests in swap agreements, futures contracts, short positions or other financial instruments that provide inverse or short leveraged exposure to the index, which is a market value weighted index that includes publicly issued U.S. Treasury debt securities that have a remaining maturity of greater than 20 years.

  • ETF Trends8 months ago

    5 Big Direxion ETFs Trending This Week

    Since 1997, Direxion has been providing investment solutions with their innovative ETFs and 20 years later, they have $13.4 billion worth of assets under management. If you haven't already, check out the 5 ETFs below that are trending this week - and are worth keeping an eye on during the second half of 2018. Despite all the talk regarding trade wars with the United States and China, one sector that has been shrugging off the market noise is the biotechnology sector.

  • ETF Trends8 months ago

    12 ETF Strategies to Cope with Changing Markets

    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.

  • ETF Trends8 months ago

    Potential ETF Strategies for Today’s (and Tomorrow’s) Markets

    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 ...

  • Benzinga8 months ago

    The Wages Of Fear: Why Fixed Income Bears Closer Scrutiny

    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.

  • 10-Year Yields At 7-Year High: Short Treasury With These ETFs
    Zacks9 months ago

    10-Year Yields At 7-Year High: Short Treasury With These ETFs

    Rising yields has resulted in an opportune moment for bond investors to capitalize on beaten-down bond prices in the form of inverse or leveraged inverse ETFs.

  • ETF Trends10 months ago

    Slowing Foreign Demand Trouble for Treasury ETFs

    Foreign buyers are just not as enamored with U.S. Treasuries as they use to be. The diminished demand could push bond yields higher and weigh on Treasury bonds, along with related exchange traded funds. ...

  • Win From Rising Rates With These 4 ETF Strategies
    Zacks10 months ago

    Win From Rising Rates With These 4 ETF Strategies

    5 ETF strategies to stave off the rising rate risks.

  • What Makes the Yield Curve Turn Flat or Invert?
    Market Realist10 months ago

    What Makes the Yield Curve Turn Flat or Invert?

    It’s difficult to pinpoint a single reason for changes to the yield curve’s slope. First, any changes to the Fed’s interest rate immediately impact the yield curve at the short end, and the projections for long-term rates dictate the changes at the long end of the curve. For instance, the recent rate hike at the Fed’s March meeting had varying impacts on the US Treasury yield curve.