Direxion Daily 7-10 Year Treasury Bull and Bear 3X Shares
The Direxion Daily 7-10 Year Treasury Bull & Bear 3X Shares seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the ICE U.S. Treasury 7-10 Year Bond Index. There is no guarantee the funds will achieve their stated investment objectives.
Investing in a Direxion Shares ETF may be more volatile than investing in broadly diversified funds. The use of leverage by the Fund increases the risk to the Fund. The Direxion Shares ETFs are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk and the consequences of seeking daily leveraged investment results and intend to actively monitor and manage their investment.
TYD
TYO
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- 01/23/2024
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These leveraged ETFs seek a return that is 300% or -300% of the return of their benchmark index for a single day. The funds should not be expected to provide three times or negative three times the return of the benchmark’s cumulative return for periods greater than a day.
Pricing & Performance
NAV and Market Price information as of 11/12/2024.
Net Asset Value (NAV)
Market Price Closing
Net Asset Value (NAV)
Market Price Closing
1M | 3M | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Expense Ratio* (Gross / Net%) | Inception Date | |
---|---|---|---|---|---|---|---|---|---|---|
TYD NAV | -10.79 | -5.32 | -8.62 | 13.93 | -20.11 | -11.64 | -2.77 | 1.26 | 1.12 / 1.09* | 04/16/2009 |
TYD Market Close | -10.56 | -5.17 | -8.53 | 13.72 | -20.10 | -11.61 | -2.71 | 1.26 | 1.12 / 1.09* | 04/16/2009 |
TYO NAV | 12.23 | 6.29 | 11.76 | -10.51 | 20.37 | 7.60 | -2.45 | -7.81 | 1.12 / 1.09* | 04/16/2009 |
TYO Market Close | 12.12 | 6.20 | 11.92 | -10.21 | 20.41 | 7.67 | -2.47 | -7.78 | 1.12 / 1.09* | 04/16/2009 |
As of October 31, 2024
The Primary Listing Exchange is the NYSE Arca, Inc.
*The Net Expense Ratio includes management fees, other operating expenses and Acquired Fund Fees and Expenses. If Acquired Fund Fees and Expenses were excluded, the Net Expense Ratio would be 0.95%. The Funds’ adviser, Rafferty Asset Management, LLC (“Rafferty”), has entered into an Operating Expense Limitation Agreement with each Fund. Under the Operating Expense Limitation Agreement, Rafferty has contractually agreed to waive all or a portion of its management fee and/or reimburse the Funds for Other Expenses through September 1, 2025, to the extent that a Fund’s Total Annual Fund Operating Expenses exceed 0.95% of the Fund’s average daily net assets (excluding, as applicable, among other expenses, taxes, swap financing and related costs, acquired fund fees and expenses, dividends or interest on short positions, other interest expenses, brokerage commissions and extraordinary expenses). If these expenses were included, the expense ratio would be higher.
Short-term performance, in particular, is not a good indication of a fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. For additional information, see the fund’s prospectus.
Index Information
The ICE U.S. Treasury 7-10 Year Bond Index (IDCOT7) is a market value weighted index that includes publicly issued U.S. Treasury securities that have a remaining maturity of greater than seven years and less than or equal to ten years. Eligible securities must be fixed rate, denominated in U.S. dollars, and have $300 million or more of outstanding face value, excluding amounts held by the Federal Reserve. Securities excluded from the Index are zero-coupon STRIPS, inflation linked securities, floating rate notes, cash management and Treasury bills, and any government agency debt issued with or without a government guarantee. One cannot invest directly in an index.
Index Bond Maturities
% of Total | |
---|---|
9-10 | 33.12% |
7-9 | 60.12% |
5-7 | 6.77% |
Index Credit Ratings
% of Total | |
---|---|
Aa1 | 100.00% |
Index Statistics
Value | |
---|---|
Duration | 7.25 Years |
Weighted Average Maturity | 8.55 Years |
Weighted Average Coupon | 3.39% |
30 Day Volatility | 4.84% |
Data as of 09/30/2024 and is subject to change at any time.
Duration is a measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. Duration is expressed as a number of years.
The weighted average maturity of the time until all maturities on treasuries in the index. The higher the weighted average to maturity, the longer the bonds have in the index until maturity.
The weighted average coupon of the index is arrived at by weighting the coupon of each bond by its relative size in the portfolio.
Volatility is a measurement of risk based on daily volatility of price over the last 30 days of the period calculated using standard deviation.
Strategy & Benefits
You know that TRADING is different than investing. But the opportunity to take advantage of short-term trends is only won, if you get the direction right.
Whether you’re a bull or a bear, Direxion is with you. Our leveraged ETFs are powerful tools built to help you:
- Magnify your short-term perspective with daily 3X leverage
- Go where there’s opportunity, with bull and bear funds for both sides of the trade; and
- Stay agile – with liquidity to trade through rapidly changing markets
Leveraged and inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying index over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments.
Distributions
TYD Direxion Daily 7-10 Year Treasury Bull 3X Shares
Record Date | Ex Date | Pay Date | Income Dividend | Short-Term Capital Gain | Long-Term Capital Gain | Expand |
---|---|---|---|---|---|---|
09/24/2024 | 09/24/2024 | 10/01/2024 | 0.21283 | — | — | |
06/25/2024 | 06/25/2024 | 07/02/2024 | 0.25271 | — | — | |
03/20/2024 | 03/19/2024 | 03/26/2024 | 0.02728 | — | — | |
12/22/2023 | 12/21/2023 | 12/29/2023 | 0.29274 | — | — | |
Record Date09/24/2024 Ex Date09/24/2024 Pay Date10/01/2024 Income Dividend0.21283 Short-Term Capital Gain— Long-Term Capital Gain— Record Date06/25/2024 Ex Date06/25/2024 Pay Date07/02/2024 Income Dividend0.25271 Short-Term Capital Gain— Long-Term Capital Gain— Record Date03/20/2024 Ex Date03/19/2024 Pay Date03/26/2024 Income Dividend0.02728 Short-Term Capital Gain— Long-Term Capital Gain— Record Date12/22/2023 Ex Date12/21/2023 Pay Date12/29/2023 Income Dividend0.29274 Short-Term Capital Gain— Long-Term Capital Gain— |
TYO Direxion Daily 7-10 Year Treasury Bear 3X Shares
Record Date | Ex Date | Pay Date | Income Dividend | Short-Term Capital Gain | Long-Term Capital Gain | Expand |
---|---|---|---|---|---|---|
09/24/2024 | 09/24/2024 | 10/01/2024 | 0.15006 | — | — | |
06/25/2024 | 06/25/2024 | 07/02/2024 | 0.14977 | — | — | |
03/20/2024 | 03/19/2024 | 03/26/2024 | 0.27451 | — | — | |
12/22/2023 | 12/21/2023 | 12/29/2023 | 0.07942 | — | — | |
Record Date09/24/2024 Ex Date09/24/2024 Pay Date10/01/2024 Income Dividend0.15006 Short-Term Capital Gain— Long-Term Capital Gain— Record Date06/25/2024 Ex Date06/25/2024 Pay Date07/02/2024 Income Dividend0.14977 Short-Term Capital Gain— Long-Term Capital Gain— Record Date03/20/2024 Ex Date03/19/2024 Pay Date03/26/2024 Income Dividend0.27451 Short-Term Capital Gain— Long-Term Capital Gain— Record Date12/22/2023 Ex Date12/21/2023 Pay Date12/29/2023 Income Dividend0.07942 Short-Term Capital Gain— Long-Term Capital Gain— |
Documents
How to Trade
ETFs are generally available for purchase on exchanges, much like stocks—and can be bought and sold throughout the trading day whenever exchanges are open. Direxion ETFs cannot be purchased directly from Direxion, but are available for trading on most trading platforms.
We strongly recommend that you take the time to educate yourself on how leveraged and inverse ETFs function and behave in various market conditions before you endeavor to trade them in your account. It’s always a good idea to consult a financial advisor or brokerage account representative if you have questions about any ETFs.
Please note, your advisor or broker may charge commissions or other transaction fees. If you have any questions specific to Direxion products, please contact us direct at [email protected] or 866-476-7523.
Operational Updates
- 01/23/2024
Direxion's New ETF Alert Service. Get Price and Volume Alerts automatically via text message!
Set Up Your ETF Alerts Today
Documents & Downloads
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