(TMV) Direxion Daily 20+ Year - NYSE
ETF Category: Trading--Inverse Debt | Exchange: NYSE (USA) | Market Cap: 183m USD | Total Return: -49.9% in 12m
Avg Turnover: 22.6M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality
The Direxion Daily 20+ Year Treasury Bear 3X Shares (TMV) is a leveraged inverse ETF that seeks to deliver -3X the daily performance of a market value-weighted index of U.S. Treasury securities with maturities greater than 20 years. Under normal conditions, it invests at least 80% of net assets in financial instruments that provide this short or inverse exposure, including through ETFs tracking the index. The fund is structured as non-diversified, meaning it concentrates its holdings rather than spreading risk broadly across issuers.
As a leveraged and inverse product in the Trading-Inverse Debt category, TMV is designed primarily for short-term tactical trading rather than long-term holding, since compounding of daily returns can cause performance to deviate significantly from -3X of the index over longer periods. It is issued by Direxion, a sponsor well known for offering a suite of leveraged and inverse single-day ETFs across equities, fixed income, and commodities.
- Fed signals higher for longer rate policy stance
- Long-term Treasury yields surge on sticky inflation
- Strong US economic data pressures long-duration bond prices lower
As of June 29, 2026, the stock is trading at USD 35.94 with a total of 373,943 shares traded. Over the past week, the price has changed by -7.51%, over one month by -15.72%, over three months by +6.48% and over the past year by -49.90%.
Current recommended Stop Loss: 34.80 (which is 3.2% or 1.3 ATR below the current price).
Direxion Daily 20+ Year has no consensus analysts rating.