HYSA vs. TMF
Compare and contrast key facts about Bondbloxx USD High Yield Bond Sector Rotation ETF (HYSA) and Direxion Daily 20-Year Treasury Bull 3X (TMF).
HYSA and TMF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYSA is an actively managed fund by BondBloxx. It was launched on Sep 18, 2023. 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.
Performance
HYSA vs. TMF - Performance Comparison
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HYSA vs. TMF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HYSA Bondbloxx USD High Yield Bond Sector Rotation ETF | -0.98% | 8.37% | 6.71% | 5.98% |
TMF Direxion Daily 20-Year Treasury Bull 3X | -2.78% | -2.94% | -35.95% | 13.95% |
Returns By Period
In the year-to-date period, HYSA achieves a -0.98% return, which is significantly higher than TMF's -2.78% return.
HYSA
- 1D
- 0.95%
- 1M
- -2.16%
- YTD
- -0.98%
- 6M
- -0.13%
- 1Y
- 5.70%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TMF
- 1D
- -0.19%
- 1M
- -13.14%
- YTD
- -2.78%
- 6M
- -8.60%
- 1Y
- -14.86%
- 3Y*
- -23.40%
- 5Y*
- -29.30%
- 10Y*
- -15.78%
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HYSA vs. TMF - Expense Ratio Comparison
HYSA has a 0.55% expense ratio, which is lower than TMF's 1.09% expense ratio.
Return for Risk
HYSA vs. TMF — Risk / Return Rank
HYSA
TMF
HYSA vs. TMF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bondbloxx USD High Yield Bond Sector Rotation ETF (HYSA) 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.
| HYSA | TMF | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.95 | -0.44 | +1.40 |
Sortino ratioReturn per unit of downside risk | 1.44 | -0.41 | +1.84 |
Omega ratioGain probability vs. loss probability | 1.19 | 0.95 | +0.24 |
Calmar ratioReturn relative to maximum drawdown | 1.48 | -0.46 | +1.94 |
Martin ratioReturn relative to average drawdown | 6.34 | -0.74 | +7.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HYSA | TMF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.95 | -0.44 | +1.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.63 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.36 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.30 | -0.13 | +1.43 |
Correlation
The correlation between HYSA and TMF is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
HYSA vs. TMF - Dividend Comparison
HYSA's dividend yield for the trailing twelve months is around 6.81%, more than TMF's 4.01% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HYSA Bondbloxx USD High Yield Bond Sector Rotation ETF | 6.81% | 6.70% | 6.99% | 2.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TMF Direxion Daily 20-Year Treasury Bull 3X | 4.01% | 4.06% | 4.29% | 2.82% | 1.62% | 0.13% | 2.23% | 0.94% | 1.49% | 0.41% |
Drawdowns
HYSA vs. TMF - Drawdown Comparison
The maximum HYSA drawdown since its inception was -4.90%, smaller than the maximum TMF drawdown of -92.61%. Use the drawdown chart below to compare losses from any high point for HYSA and TMF.
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Drawdown Indicators
| HYSA | TMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.90% | -92.61% | +87.71% |
Max Drawdown (1Y)Largest decline over 1 year | -4.03% | -27.13% | +23.10% |
Max Drawdown (5Y)Largest decline over 5 years | — | -88.37% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -92.61% | — |
Current DrawdownCurrent decline from peak | -2.16% | -91.95% | +89.79% |
Average DrawdownAverage peak-to-trough decline | -0.69% | -43.13% | +42.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.94% | 16.93% | -15.99% |
Volatility
HYSA vs. TMF - Volatility Comparison
The current volatility for Bondbloxx USD High Yield Bond Sector Rotation ETF (HYSA) is 2.10%, while Direxion Daily 20-Year Treasury Bull 3X (TMF) has a volatility of 10.85%. This indicates that HYSA experiences smaller price fluctuations and is considered to be less risky 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
| HYSA | TMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.10% | 10.85% | -8.75% |
Volatility (6M)Calculated over the trailing 6-month period | 3.53% | 19.51% | -15.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.00% | 33.89% | -27.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.17% | 46.85% | -40.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.17% | 44.00% | -37.83% |