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PLW vs. TMF
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

PLW vs. TMF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco 1-30 Laddered Treasury ETF (PLW) and Direxion Daily 20-Year Treasury Bull 3X (TMF). The values are adjusted to include any dividend payments, if applicable.

-60.00%-40.00%-20.00%0.00%20.00%40.00%JuneJulyAugustSeptemberOctoberNovember
35.64%
-59.46%
PLW
TMF

Returns By Period


PLW

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

TMF

YTD

-29.77%

1M

-16.20%

6M

-7.80%

1Y

-6.17%

5Y (annualized)

-29.55%

10Y (annualized)

-12.38%

Key characteristics


PLWTMF

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PLW vs. TMF - Expense Ratio Comparison

PLW has a 0.25% expense ratio, which is lower than TMF's 1.09% expense ratio.


TMF
Direxion Daily 20-Year Treasury Bull 3X
Expense ratio chart for TMF: current value at 1.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.09%
Expense ratio chart for PLW: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%

Correlation

-0.50.00.51.00.9

The correlation between PLW and TMF is 0.93, 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.

Risk-Adjusted Performance

PLW vs. TMF - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco 1-30 Laddered Treasury ETF (PLW) 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.


Sharpe ratio
The chart of Sharpe ratio for PLW, currently valued at 1.14, compared to the broader market0.002.004.001.14-0.07
The chart of Sortino ratio for PLW, currently valued at 2.10, compared to the broader market-2.000.002.004.006.008.0010.0012.002.100.21
The chart of Omega ratio for PLW, currently valued at 1.49, compared to the broader market0.501.001.502.002.503.001.491.02
The chart of Calmar ratio for PLW, currently valued at 0.17, compared to the broader market0.005.0010.0015.000.17-0.03
The chart of Martin ratio for PLW, currently valued at 1.70, compared to the broader market0.0020.0040.0060.0080.00100.001.70-0.14
PLW
TMF

Rolling 12-month Sharpe Ratio-0.500.000.501.001.50JuneJulyAugustSeptemberOctoberNovember
1.14
-0.07
PLW
TMF

Dividends

PLW vs. TMF - Dividend Comparison

PLW has not paid dividends to shareholders, while TMF's dividend yield for the trailing twelve months is around 3.80%.


TTM20232022202120202019201820172016201520142013
PLW
Invesco 1-30 Laddered Treasury ETF
2.36%2.87%1.97%1.15%1.00%1.96%2.14%2.02%2.00%2.14%2.30%2.43%
TMF
Direxion Daily 20-Year Treasury Bull 3X
3.80%2.82%1.62%0.13%0.48%0.94%1.49%0.41%0.00%0.00%0.00%0.57%

Drawdowns

PLW vs. TMF - Drawdown Comparison


-90.00%-80.00%-70.00%-60.00%-50.00%-40.00%-30.00%JuneJulyAugustSeptemberOctoberNovember
-26.62%
-90.81%
PLW
TMF

Volatility

PLW vs. TMF - Volatility Comparison

The current volatility for Invesco 1-30 Laddered Treasury ETF (PLW) is 0.00%, while Direxion Daily 20-Year Treasury Bull 3X (TMF) has a volatility of 14.49%. This indicates that PLW 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.


0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember0
14.49%
PLW
TMF