AMZN vs. TMF
AMZN (Amazon.com, Inc) is a stock, while TMF (Direxion Daily 20+ Year Treasury Bull 3X ETF) is Leveraged Bonds fund tracking the ICE U.S. Treasury 20+ Year Bond Index (300%). Over the past 10 years, AMZN returned 20.97%/yr vs -17.99%/yr for TMF. At a correlation of -0.12, they often move in opposite directions.
Performance
AMZN vs. TMF - Performance Comparison
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Returns By Period
In the year-to-date period, AMZN achieves a 8.31% return, which is significantly higher than TMF's -11.04% return. Over the past 10 years, AMZN has outperformed TMF with an annualized return of 20.97%, while TMF has yielded a comparatively lower -17.99% annualized return.
AMZN
- 1D
- 1.12%
- 1M
- 2.29%
- 6M
- 4.55%
- YTD
- 8.31%
- 1Y
- 10.55%
- 3Y*
- 24.35%
- 5Y*
- 6.88%
- 10Y*
- 20.97%
- ALL TIME*
- 29.87%
TMF
- 1D
- -2.07%
- 1M
- -9.25%
- 6M
- -12.35%
- YTD
- -11.04%
- 1Y
- -4.28%
- 3Y*
- -21.59%
- 5Y*
- -33.52%
- 10Y*
- -17.99%
- ALL TIME*
- -6.34%
AMZN vs. TMF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMZN Amazon.com, Inc | 8.31% | 5.21% | 44.39% | 80.88% | -49.62% | 2.38% | 76.26% | 23.03% | 28.43% | 55.96% |
TMF Direxion Daily 20+ Year Treasury Bull 3X ETF | -11.04% | -2.94% | -35.95% | -13.01% | -72.60% | -19.80% | 39.02% | 34.75% | -11.01% | 22.72% |
Correlation
The correlation between AMZN and TMF is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2009 | -0.12 |
The correlation between AMZN and TMF shifts across timeframes, from -0.12 (all time) to 0.12 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
AMZN vs. TMF — Risk / Return Rank
AMZN
TMF
AMZN vs. TMF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amazon.com, Inc (AMZN) and Direxion Daily 20+ Year Treasury Bull 3X ETF (TMF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AMZN | TMF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.50 | ||
| Sortino ratioReturn per unit of downside risk | +0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.00 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.49 | -0.16 | +0.65 |
| Martin ratioReturn relative to average drawdown | 1.07 | -0.32 | +1.39 |
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Drawdowns
AMZN vs. TMF - Drawdown Comparison
The maximum AMZN drawdown since its inception was -94.40%, roughly equal to the maximum TMF drawdown of -92.89%. Use the drawdown chart below to compare losses from any high point for AMZN and TMF.
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Drawdown Indicators
| AMZN | TMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.40% | -92.89% | -1.51% |
Max Drawdown (1Y)Largest decline over 1 year | -21.74% | -26.51% | +4.77% |
Max Drawdown (3Y)Largest decline over 3 years | -30.88% | -53.47% | +22.59% |
Max Drawdown (5Y)Largest decline over 5 years | -55.77% | -88.81% | +33.04% |
Max Drawdown (10Y)Largest decline over 10 years | -56.15% | -92.89% | +36.74% |
Current DrawdownCurrent decline from peak | -9.09% | -92.64% | +83.55% |
Average DrawdownAverage peak-to-trough decline | -28.13% | -43.97% | +15.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.92% | 13.22% | -3.30% |
Volatility
AMZN vs. TMF - Volatility Comparison
Amazon.com, Inc (AMZN) has a higher volatility of 9.15% compared to Direxion Daily 20+ Year Treasury Bull 3X ETF (TMF) at 7.53%. This indicates that AMZN's price experiences larger fluctuations and is considered to be riskier than TMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMZN | TMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.15% | 7.53% | +1.62% |
Volatility (6M)Calculated over the trailing 6-month period | 21.93% | 19.87% | +2.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.19% | 27.62% | +3.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.70% | 46.39% | -10.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.61% | 43.72% | -11.11% |
Dividends
AMZN vs. TMF - Dividend Comparison
AMZN has not paid dividends to shareholders, while TMF's dividend yield for the trailing twelve months is around 4.44%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
AMZN Amazon.com, Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TMF Direxion Daily 20+ Year Treasury Bull 3X ETF | 4.44% | 4.06% | 4.29% | 2.82% | 1.62% | 0.13% | 2.23% | 0.94% | 1.49% | 0.41% |
Frequently Asked Questions
AMZN and TMF have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMZN has higher volatility (9.15%) compared to TMF (7.53%). In terms of maximum drawdown, AMZN dropped -94.40% vs TMF's -92.89%.
AMZN currently has the higher Sharpe Ratio (0.34 vs -0.16), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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