Direxion Daily 7-10 Year Treasury Bear 3X (TYO)
TYO is a passive ETF by Direxion tracking the investment results of the NYSE 7-10 Year Treasury Bond Index. TYO launched on Apr 16, 2009 and has a 1.08% expense ratio.
ETF Info
| ISIN | US25459W5572 |
|---|---|
| CUSIP | 25459W557 |
| Issuer | Direxion |
| Inception Date | Apr 16, 2009 |
| Region | North America (U.S.) |
| Category | Leveraged Bonds, Leveraged |
| Leveraged | 3x |
| Index Tracked | NYSE 7-10 Year Treasury Bond Index |
| Home Page | www.direxion.com |
| Asset Class | Bond |
Expense Ratio
The Direxion Daily 7-10 Year Treasury Bear 3X has a high expense ratio of 1.08%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Direxion Daily 7-10 Year Treasury Bear 3X, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Direxion Daily 7-10 Year Treasury Bear 3X had a return of 18.37% year-to-date (YTD) and 31.13% in the last 12 months. Over the past 10 years, Direxion Daily 7-10 Year Treasury Bear 3X had an annualized return of -3.49%, while the S&P 500 had an annualized return of 10.53%, indicating that Direxion Daily 7-10 Year Treasury Bear 3X did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 18.37% | 6.12% |
| 1 month | 6.89% | -1.08% |
| 6 months | -1.22% | 15.73% |
| 1 year | 31.13% | 22.34% |
| 5 years (annualized) | 4.26% | 11.82% |
| 10 years (annualized) | -3.49% | 10.53% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.16% | 8.23% | -1.00% | |||||||||
| 2023 | 11.63% | 6.72% | -11.23% | -9.62% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Direxion Daily 7-10 Year Treasury Bear 3X(TYO)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Direxion Daily 7-10 Year Treasury Bear 3X (TYO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Direxion Daily 7-10 Year Treasury Bear 3X granted a 3.99% dividend yield in the last twelve months. The annual payout for that period amounted to $0.61 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.61 | $0.47 | $0.01 | $0.00 | $0.03 | $0.18 | $0.04 |
Dividend yield | 3.99% | 3.62% | 0.09% | 0.00% | 0.37% | 1.58% | 0.32% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Daily 7-10 Year Treasury Bear 3X. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.27 | |||||||||
| 2023 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.08 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.01 |
| 2018 | $0.02 | $0.00 | $0.00 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Direxion Daily 7-10 Year Treasury Bear 3X. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Direxion Daily 7-10 Year Treasury Bear 3X was 89.25%, occurring on Aug 4, 2020. The portfolio has not yet recovered.
The current Direxion Daily 7-10 Year Treasury Bear 3X drawdown is 77.24%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -89.25% | Jun 11, 2009 | 2785 | Aug 4, 2020 | — | — | — |
| -6.13% | May 28, 2009 | 2 | May 29, 2009 | 5 | Jun 5, 2009 | 7 |
| -4.68% | May 8, 2009 | 4 | May 13, 2009 | 5 | May 21, 2009 | 9 |
| -2.33% | Apr 20, 2009 | 1 | Apr 20, 2009 | 2 | Apr 22, 2009 | 3 |
| -1.93% | Apr 27, 2009 | 1 | Apr 27, 2009 | 2 | Apr 29, 2009 | 3 |
Volatility
Volatility Chart
The current Direxion Daily 7-10 Year Treasury Bear 3X volatility is 6.84%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.