EDV vs. TYD
Compare and contrast key facts about Vanguard Extended Duration Treasury ETF (EDV) and Direxion Daily 7-10 Year Treasury Bull 3X (TYD).
EDV and TYD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EDV is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Treasury STRIPS 20-30 Year Equal Par Bond Index. It was launched on Dec 6, 2007. TYD is a passively managed fund by Direxion that tracks the performance of the NYSE 7-10 Year Treasury Bond Index. It was launched on Apr 16, 2009. Both EDV and TYD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EDV or TYD.
Correlation
The correlation between EDV and TYD is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EDV vs. TYD - Performance Comparison
Key characteristics
EDV:
-0.19
TYD:
0.28
EDV:
-0.12
TYD:
0.53
EDV:
0.99
TYD:
1.06
EDV:
-0.07
TYD:
0.09
EDV:
-0.36
TYD:
0.48
EDV:
10.57%
TYD:
11.25%
EDV:
20.65%
TYD:
19.72%
EDV:
-59.96%
TYD:
-64.28%
EDV:
-56.22%
TYD:
-59.24%
Returns By Period
In the year-to-date period, EDV achieves a -3.71% return, which is significantly lower than TYD's 4.72% return. Over the past 10 years, EDV has outperformed TYD with an annualized return of -3.04%, while TYD has yielded a comparatively lower -3.89% annualized return.
EDV
-3.71%
-8.02%
-9.17%
-3.66%
-14.99%
-3.04%
TYD
4.72%
-2.86%
-3.80%
6.12%
-16.01%
-3.89%
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EDV vs. TYD - Expense Ratio Comparison
EDV has a 0.06% expense ratio, which is lower than TYD's 1.09% expense ratio.
Risk-Adjusted Performance
EDV vs. TYD — Risk-Adjusted Performance Rank
EDV
TYD
EDV vs. TYD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Extended Duration Treasury ETF (EDV) and Direxion Daily 7-10 Year Treasury Bull 3X (TYD). 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
EDV vs. TYD - Dividend Comparison
EDV's dividend yield for the trailing twelve months is around 4.93%, more than TYD's 3.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDV Vanguard Extended Duration Treasury ETF | 4.93% | 4.65% | 3.55% | 3.28% | 1.95% | 5.54% | 3.51% | 2.90% | 2.92% | 5.32% | 4.24% | 3.12% |
TYD Direxion Daily 7-10 Year Treasury Bull 3X | 3.35% | 3.10% | 2.71% | 0.55% | 0.00% | 9.80% | 0.92% | 1.10% | 0.01% | 6.84% | 1.65% | 0.00% |
Drawdowns
EDV vs. TYD - Drawdown Comparison
The maximum EDV drawdown since its inception was -59.96%, smaller than the maximum TYD drawdown of -64.28%. Use the drawdown chart below to compare losses from any high point for EDV and TYD. For additional features, visit the drawdowns tool.
Volatility
EDV vs. TYD - Volatility Comparison
Vanguard Extended Duration Treasury ETF (EDV) has a higher volatility of 8.82% compared to Direxion Daily 7-10 Year Treasury Bull 3X (TYD) at 7.75%. This indicates that EDV's price experiences larger fluctuations and is considered to be riskier than TYD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.