TMV - Direxion Daily 20+ Year Treasury Bear 3X Shares

NYSEArca - NYSEArca Delayed Price. Currency in USD
-0.12 (-0.87%)
At close: 4:00PM EDT

13.71 +0.10 (0.73%)
After hours: 4:29PM EDT

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Previous Close13.73
Bid0.00 x 800
Ask0.00 x 1000
Day's Range13.42 - 13.69
52 Week Range13.42 - 23.70
Avg. Volume486,692
Net Assets165.99M
PE Ratio (TTM)N/A
YTD Return-25.43%
Beta (3Y Monthly)-10.04
Expense Ratio (net)1.02%
Inception Date2009-04-16
Trade prices are not sourced from all markets
  • ETF Trends5 months 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 Trends6 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 Trends7 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 Trends8 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
    Zacks8 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 Trends8 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 Trends9 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 Trendslast year

    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.