Direxion Daily 20-Year Treasury Bull 3X (TMF) Alternatives
Direxion Daily 20-Year Treasury Bull 3X (TMF) belongs to the Leveraged Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with TMF. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to TMF
TMF charges 1.09% annually. Among ETFs in the Leveraged Bonds category, these options have the lowest expense ratios among TMF alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| ProShares UltraShort 20+ Year Treasury | 0.92% | May 1, 2008 | TMF vs TBT | |
| UltraPro Short 20+ Year Treasury | 0.95% | Mar 27, 2012 | TMF vs TTT | |
| ProShares UltraShort 7-10 Year Treasury | 0.95% | May 1, 2008 | TMF vs PST | |
| ProShares Ultra 7-10 Year Treasury | 0.95% | Jan 19, 2010 | TMF vs UST | |
| ProShares Ultra 20+ Year Treasury | 0.95% | Jan 19, 2010 | TMF vs UBT |
Best Risk-Adjusted Alternatives to TMF
Among ETFs in the Leveraged Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| T-Rex 2X Long Alphabet Daily Target ETF | 96 | Jan 10, 2024 | TMF vs GOOX | |
| ProShares Ultra High Yield | 51 | Apr 13, 2011 | TMF vs UJB | |
| Return Stacked Bonds & Merger Arbitrage ETF | 43 | Dec 17, 2024 | TMF vs RSBA | |
| Direxion Daily 20-Year Treasury Bear 3X | 21 | Apr 16, 2009 | TMF vs TMV | |
| ProShares UltraShort 20+ Year Treasury | 21 | May 1, 2008 | TMF vs TBT |
Top Performing TMF Alternatives (YTD)
TMF alternatives from the Leveraged Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Direxion Daily 7-10 Year Treasury Bear 3X | 3.84% | Apr 16, 2009 | TMF vs TYO | |
| ProShares UltraShort 7-10 Year Treasury | 2.06% | May 1, 2008 | TMF vs PST | |
| Direxion Daily 20-Year Treasury Bear 3X | 1.55% | Apr 16, 2009 | TMF vs TMV | |
| ProShares UltraShort 20+ Year Treasury | 1.05% | May 1, 2008 | TMF vs TBT | |
| UltraPro Short 20+ Year Treasury | 1.05% | Mar 27, 2012 | TMF vs TTT |
Lowest Volatility Alternatives to TMF
TMF alternatives from the Leveraged Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Return Stacked Bonds & Merger Arbitrage ETF | 5.25% | Dec 17, 2024 | TMF vs RSBA | |
| ProShares Ultra High Yield | 10.87% | Apr 13, 2011 | TMF vs UJB | |
| Roundhill Treasury Bond WeeklyPay ETF | 11.16% | Nov 12, 2025 | TMF vs TSYW | |
| ProShares Ultra 7-10 Year Treasury | 11.29% | Jan 19, 2010 | TMF vs UST | |
| ProShares UltraShort 7-10 Year Treasury | 11.90% | May 1, 2008 | TMF vs PST |
Lowest Drawdown Alternatives to TMF
TMF alternatives from the Leveraged Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Return Stacked Bonds & Merger Arbitrage ETF | -2.83% | Dec 17, 2024 | TMF vs RSBA | |
| ProShares Ultra High Yield | -7.86% | Apr 13, 2011 | TMF vs UJB | |
| ProShares UltraShort 7-10 Year Treasury | -8.22% | May 1, 2008 | TMF vs PST | |
| ProShares Ultra 7-10 Year Treasury | -8.44% | Jan 19, 2010 | TMF vs UST | |
| Direxion Daily 7-10 Year Treasury Bull 3X | -10.99% | Apr 16, 2009 | TMF vs TYD |
Other ETFs from Direxion
Most popular Direxion ETFs on PortfoliosLab, across asset classes.
Often Compared With TMF
What investors most often compare with TMF, based on PortfoliosLab usage data.
Compare TMF with Any Fund or Stock
Compare TMF with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.