Fund Evaluator:
Direxion Daily 20+ Yr Trsy Bear 3X ETF (TMV)
Follow This Fund
Other
Global Asset Class
Miscellaneous
Fund Group
Trading--Inverse Debt
Category
$9.974
NAV (as of Oct 07)
$0.00
Minimum Initial
0.97% D
Expense Ratio
$188 Mil
Assets
Open
Status
0.00%
12b-1 Fee
2.24%
TTM Yield
0.00%
Max Load
0%
Portfolio Turnover
Best Performing in Trading--Inverse Debt Over the Last Year
| 6.8% | ProFunds Rising Rates Opp Inv (RRPIX) |
| 6.7% | Rydex Inverse Government Lg Bd Strat Inv (RYJUX) |
| 3.2% | ProFunds Rising Rates Opp 10 Investor (RTPIX) |
| -3.0% | Access Flex Bear High Yield ProFund Inv (AFBIX) |
Data as of 7/31/2026
15.7% B
1-Mo Return
11.7% B
3-Mo Return
17.4% A
YTD Return
14.4% A
1-Yr Return
4.3% F
3-Yr Return
20.4% B
5-Yr Return
1.88 F
Category Risk Index
3.55
Total Risk Index
Fund Details
Fund Family
Direxion Funds
Inception Date
4/16/2009
Share Class Type
Equity Investment Style
na
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
Yes
Benchmark Index
Bloomberg US Agg Bond TR USD: 100%
Additional Fund Details
Direxion Daily 20+ Yr Trsy Bear 3X ETF Overview
TMV Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| TMV Return (NAV) | 15.7% | 11.7% | 14.4% | 4.3% | 20.4% | -0.4% |
| TMV Grade | B | B | A | F | B | F |
| +/- Category | 12.6% | 8.9% | 11.3% | 0.6% | 13.1% | -1.2% |
| Trading--Inverse Debt Avg | 3.1% | 2.7% | 3.1% | 3.7% | 7.3% | 0.8% |
| TMV Tax Cost Ratio | na | na | 1.1% | 1.4% | 1.0% | 0.6% |
TMV Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| TMV Return (NAV) | 17.4% | -3.8% | 39.7% | -32.2% | 151.4% | 0.7% | -54.3% | -34.9% | 5.7% | -26.8% | -14.1% |
| TMV Grade | A | D | A | F | A | F | F | F | B | F | F |
| +/- Category | 12.9% | -2.0% | 30.2% | -32.3% | 122.2% | 1.6% | -38.9% | -22.3% | 4.0% | -19.5% | -7.3% |
| Trading--Inverse Debt Avg | 4.5% | -1.8% | 9.4% | 0.1% | 29.3% | -0.9% | -15.4% | -12.6% | 1.6% | -7.3% | -6.7% |
| Risk Measures | |
| Standard Deviation: | 43.6% |
| Total Risk Index: | 3.55 - High |
| Category Risk Index: | 1.88 - High |
| Category Risk Grade: | F (111% Rank) |
| Beta: | -6.99 |
| R-Squared: | 81% |
| Leveraged Fund: | Yes |
| Inverse Fund: | Yes |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | na |
| Yield: | 2.2% |
| Dividend Distribution: | Quarterly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $188 Mil |
| Fund Total Assets: | $ 189 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 0% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 17.3 years | |||
| Average Tenure: 14.1 years | |||
| Managers (Year): Brigandi Paul (2009), Ng Tony (2015) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 16 |
| % in Top 10 Holdings: | 114.6% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 13.7% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 2.9% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 83.5% |
Purchase Information
| Fund Family: | Direxion Funds |
| Phone Number: | 866-476-7523 |
| Website: | http://www.direxioninvestments.com/ |
| Status: | Open |
| Inception Date: | April 16, 2009 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 0.97% ( Rating : High ) |
| Category Average Expense Ratio (%): | 3.01% |
| Share Class: | Direxion Daily 20+ Yr Trsy Bear 3X ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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