BB vs. TMF
Compare and contrast key facts about BlackBerry Limited (BB) and Direxion Daily 20-Year Treasury Bull 3X (TMF).
TMF is a passively managed fund by Direxion that tracks the performance of the NYSE 20 Year Plus Treasury Bond Index (300%). It was launched on Apr 16, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BB or TMF.
Correlation
The correlation between BB and TMF is -0.13. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
BB vs. TMF - Performance Comparison
Key characteristics
BB:
0.39
TMF:
-0.67
BB:
1.05
TMF:
-0.78
BB:
1.13
TMF:
0.91
BB:
0.24
TMF:
-0.30
BB:
0.87
TMF:
-1.35
BB:
27.33%
TMF:
20.66%
BB:
61.32%
TMF:
41.48%
BB:
-98.57%
TMF:
-92.11%
BB:
-97.15%
TMF:
-91.62%
Returns By Period
In the year-to-date period, BB achieves a 11.38% return, which is significantly higher than TMF's -1.70% return. Over the past 10 years, BB has outperformed TMF with an annualized return of -8.52%, while TMF has yielded a comparatively lower -15.97% annualized return.
BB
11.38%
31.56%
74.69%
26.05%
-8.98%
-8.52%
TMF
-1.70%
-11.64%
-21.69%
-27.54%
-30.88%
-15.97%
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Risk-Adjusted Performance
BB vs. TMF — Risk-Adjusted Performance Rank
BB
TMF
BB vs. TMF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackBerry Limited (BB) and Direxion Daily 20-Year Treasury Bull 3X (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.
Dividends
BB vs. TMF - Dividend Comparison
BB has not paid dividends to shareholders, while TMF's dividend yield for the trailing twelve months is around 4.36%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
BB BlackBerry Limited | 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 | 4.36% | 4.29% | 2.82% | 1.62% | 0.13% | 2.23% | 0.94% | 1.49% | 0.41% |
Drawdowns
BB vs. TMF - Drawdown Comparison
The maximum BB drawdown since its inception was -98.57%, which is greater than TMF's maximum drawdown of -92.11%. Use the drawdown chart below to compare losses from any high point for BB and TMF. For additional features, visit the drawdowns tool.
Volatility
BB vs. TMF - Volatility Comparison
BlackBerry Limited (BB) has a higher volatility of 28.82% compared to Direxion Daily 20-Year Treasury Bull 3X (TMF) at 10.45%. This indicates that BB'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.