TYD

Direxion Daily 7-10 Year Treasury Bull 3X Shares (based on the NYSE 7-10 Year Treasury Bond Index; symbol AXSVTN)

$25.82

+0.00%

Market closed. Last update: 11:58 AM ET

📎 Investment Objective

The Direxion Daily 7-10 Year Treasury Bull 3X Shares (TYD) seeks to provide 300% of the daily performance of the NYSE 7-10 Year Treasury Bond Index.

Overview

ETF tracking Direxion Daily 7-10 Year Treasury Bull 3X Shares (based on the NYSE 7-10 Year Treasury Bond Index; symbol AXSVTN)

Category Leveraged

Issuer Other

Inception Date 2009-04-16

Market Cap $51.6M

Average Volume N/A

Dividend Yield 2.88%

52-Week Range $22.46 - $26.82

VWAP $25.88

Performance

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Investment Summary

📎 Investment Objective

The Direxion Daily 7-10 Year Treasury Bull 3X Shares (TYD) seeks to provide 300% of the daily performance of the NYSE 7-10 Year Treasury Bond Index.

🎯 Investment Strategy

The fund uses a range of financial instruments, such as futures contracts and swap agreements, to provide leveraged exposure to the underlying index. It aims to generate returns that are 3 times the daily performance of the index.

✨ Key Features

Provides 3x leveraged exposure to the 7-10 year U.S. Treasury bond market
Designed for short-term trading and not suitable for long-term buy-and-hold investors
Resets exposure daily, which can lead to compounding effects over longer holding periods
Has not yet accumulated any assets under management

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for large and unexpected losses if the underlying index moves against the fund's position
Risks associated with the use of derivatives, including counterparty risk and liquidity risk
Potential for divergence between the fund's performance and the underlying index over longer time periods

👤 Best For

This ETF is designed for experienced, risk-tolerant investors who seek to make short-term, speculative bets on the 7-10 year U.S. Treasury bond market. It is not suitable for long-term, buy-and-hold investors or those with a low risk tolerance.