Key stats
About Direxion Daily 10-Yr Treasury Bull 3x Shrs
Expense ratio
1.09%
Home page
Inception date
Apr 16, 2009
TYD provides daily leveraged 3x exposure to the ICE U.S. Treasury 7-10 Year Bond Index. The index is designed to rise when yields fall, making TYD a highly leveraged bet on falling yields. The exposure is reset daily, so holding the fund for longer could produce results that vary significantly from the intended 3x exposure. Management fees are of less concern, as a tactical tool, investors should pay extra attention to TYD's trading characteristics to determine if it has enough liquidity to support same-day entry and exit. Prior to May 2, 2016, TYD tracked the NYSE 7-10 Year Treasury Bond Index. The change is not expected to have a material impact on exposure or performance.
Classification
What's in the fund
Exposure type
ETF
Cash
Bonds, Cash & Other100.00%
ETF69.67%
Cash30.33%
Displays a symbol's price movements over previous years to identify recurring trends.