Direxion Daily 20-Year Treasury Bear 3X (TMV) Alternatives
Direxion Daily 20-Year Treasury Bear 3X (TMV) 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 TMV. 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 TMV
TMV charges 1.04% annually. Among ETFs in the Leveraged Bonds category, these options have the lowest expense ratios among TMV alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| ProShares UltraShort 20+ Year Treasury | 0.92% | May 1, 2008 | TMV vs TBT | |
| UltraPro Short 20+ Year Treasury | 0.95% | Mar 27, 2012 | TMV vs TTT | |
| ProShares UltraShort 7-10 Year Treasury | 0.95% | May 1, 2008 | TMV vs PST | |
| ProShares Ultra 7-10 Year Treasury | 0.95% | Jan 19, 2010 | TMV vs UST | |
| ProShares Ultra 20+ Year Treasury | 0.95% | Jan 19, 2010 | TMV vs UBT |
Best Risk-Adjusted Alternatives to TMV
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 | TMV vs GOOX | |
| ProShares Ultra High Yield | 51 | Apr 13, 2011 | TMV vs UJB | |
| Return Stacked Bonds & Merger Arbitrage ETF | 43 | Dec 17, 2024 | TMV vs RSBA | |
| ProShares UltraShort 20+ Year Treasury | 21 | May 1, 2008 | TMV vs TBT | |
| ProShares Ultra 7-10 Year Treasury | 20 | Jan 19, 2010 | TMV vs UST |
Top Performing TMV Alternatives (YTD)
TMV 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 | TMV vs TYO | |
| ProShares UltraShort 7-10 Year Treasury | 2.06% | May 1, 2008 | TMV vs PST | |
| ProShares UltraShort 20+ Year Treasury | 1.05% | May 1, 2008 | TMV vs TBT | |
| UltraPro Short 20+ Year Treasury | 1.05% | Mar 27, 2012 | TMV vs TTT | |
| Return Stacked Bonds & Merger Arbitrage ETF | -0.50% | Dec 17, 2024 | TMV vs RSBA |
Lowest Volatility Alternatives to TMV
TMV 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 | TMV vs RSBA | |
| ProShares Ultra High Yield | 10.87% | Apr 13, 2011 | TMV vs UJB | |
| Roundhill Treasury Bond WeeklyPay ETF | 11.16% | Nov 12, 2025 | TMV vs TSYW | |
| ProShares Ultra 7-10 Year Treasury | 11.29% | Jan 19, 2010 | TMV vs UST | |
| ProShares UltraShort 7-10 Year Treasury | 11.90% | May 1, 2008 | TMV vs PST |
Lowest Drawdown Alternatives to TMV
TMV 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 | TMV vs RSBA | |
| ProShares Ultra High Yield | -7.86% | Apr 13, 2011 | TMV vs UJB | |
| ProShares UltraShort 7-10 Year Treasury | -8.22% | May 1, 2008 | TMV vs PST | |
| ProShares Ultra 7-10 Year Treasury | -8.44% | Jan 19, 2010 | TMV vs UST | |
| Direxion Daily 7-10 Year Treasury Bull 3X | -10.99% | Apr 16, 2009 | TMV vs TYD |
Other ETFs from Direxion
Most popular Direxion ETFs on PortfoliosLab, across asset classes.
Often Compared With TMV
What investors most often compare with TMV, based on PortfoliosLab usage data.
Compare TMV with Any Fund or Stock
Compare TMV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.