Direxion Daily 7-10 Year Treasury Bear 3X (TYO) 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 TYO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TYO
TYO charges 1.08% annually. There are 11 ETFs in the Leveraged Bonds category with lower expense ratios, going as low as 0.85%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN | 0.85% | 4.44M | Sep 2018 | TYO vs PFFL | |
| ProShares UltraShort 20+ Year Treasury | 0.93% | 317.44M | Apr 2008 | TYO vs TBT | |
| ProShares UltraShort 7-10 Year Treasury | 0.95% | 10.62M | Apr 2008 | TYO vs PST | |
| UltraPro Short 20+ Year Treasury | 0.95% | 19.45M | Mar 2012 | TYO vs TTT | |
| ProShares Ultra 7-10 Year Treasury | 0.95% | 14.95M | Jan 2010 | TYO vs UST |
Best Risk-Adjusted Alternatives to TYO
TYO has a PortfoliosLab risk / return rank of 31. There is 1 ETF in the Leveraged Bonds category with a higher risk-adjusted rank, going as high as 31.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Ultra High Yield | 31 | 10.13M | Apr 2011 | TYO vs UJB | |
| ProShares UltraShort 7-10 Year Treasury | 27 | 10.62M | Apr 2008 | TYO vs PST | |
| Direxion Daily 20-Year Treasury Bear 3X | 24 | 185.07M | Apr 2009 | TYO vs TMV | |
| ProShares UltraShort 20+ Year Treasury | 23 | 317.44M | Apr 2008 | TYO vs TBT | |
| Return Stacked Bonds & Merger Arbitrage ETF | 22 | — | Dec 2024 | TYO vs RSBA |
Top Performing TYO Alternatives (YTD)
TYO is at 13.00% YTD. There are 2 ETFs in the Leveraged Bonds category with higher YTD returns, going as high as 17.52%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily 20-Year Treasury Bear 3X | 17.52% | 185.07M | Apr 2009 | TYO vs TMV | |
| UltraPro Short 20+ Year Treasury | 16.17% | 19.45M | Mar 2012 | TYO vs TTT | |
| ProShares UltraShort 20+ Year Treasury | 11.24% | 317.44M | Apr 2008 | TYO vs TBT | |
| ProShares UltraShort 7-10 Year Treasury | 7.74% | 10.62M | Apr 2008 | TYO vs PST | |
| ProShares Ultra High Yield | 0.45% | 10.13M | Apr 2011 | TYO vs UJB |
Lowest Volatility Alternatives to TYO
TYO has 14.19% 1-year volatility. There are 6 ETFs in the Leveraged Bonds category with lower 1-year volatility, going as low as 4.57%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Return Stacked Bonds & Merger Arbitrage ETF | 4.57% | — | Dec 2024 | TYO vs RSBA | |
| ProShares Ultra High Yield | 7.33% | 10.13M | Apr 2011 | TYO vs UJB | |
| ProShares Ultra 7-10 Year Treasury | 9.28% | 14.95M | Jan 2010 | TYO vs UST | |
| ProShares UltraShort 7-10 Year Treasury | 9.39% | 10.62M | Apr 2008 | TYO vs PST | |
| Roundhill Treasury Bond WeeklyPay ETF | 10.84% | — | Nov 2025 | TYO vs TSYW |
Lowest Drawdown Alternatives to TYO
TYO has a 1-year max drawdown of -6.90%. There are 3 ETFs in the Leveraged Bonds category with shallower 1-year drawdowns, going as shallow as -2.74%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Return Stacked Bonds & Merger Arbitrage ETF | -2.74% | — | Dec 2024 | TYO vs RSBA | |
| ProShares UltraShort 7-10 Year Treasury | -4.73% | 10.62M | Apr 2008 | TYO vs PST | |
| ProShares Ultra High Yield | -5.01% | 10.13M | Apr 2011 | TYO vs UJB | |
| ProShares Ultra 7-10 Year Treasury | -8.86% | 14.95M | Jan 2010 | TYO vs UST | |
| ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN | -11.92% | 4.44M | Sep 2018 | TYO vs PFFL |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SOXL, SPXL, TECL and span 8 categories. AUM among these funds goes as high as $20B.
Often Compared With TYO
Investors most often compare TYO with TYD, YANG, SPTL. These 20 comparison targets span 19 categories, based on PortfoliosLab usage data.
Compare TYO with Any Fund or Stock
Compare TYO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TYO with funds that move differently
Direxion Daily 7-10 Year Treasury Bear 3X alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TYO.
Explore TYO Diversifiers