SAFE vs. TMF
Compare and contrast key facts about Safehold Inc. (SAFE) 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: SAFE or TMF.
Correlation
The correlation between SAFE and TMF is 0.07, 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.
Performance
SAFE vs. TMF - Performance Comparison
Key characteristics
SAFE:
-0.25
TMF:
-0.84
SAFE:
-0.13
TMF:
-1.09
SAFE:
0.99
TMF:
0.88
SAFE:
-0.12
TMF:
-0.38
SAFE:
-0.57
TMF:
-1.51
SAFE:
15.66%
TMF:
23.22%
SAFE:
35.45%
TMF:
42.09%
SAFE:
-78.40%
TMF:
-92.18%
SAFE:
-71.10%
TMF:
-91.30%
Returns By Period
In the year-to-date period, SAFE achieves a -14.51% return, which is significantly higher than TMF's -33.50% return.
SAFE
-14.51%
-4.50%
4.62%
-10.61%
-7.66%
N/A
TMF
-33.50%
-5.81%
-18.91%
-32.79%
-29.92%
-13.89%
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Risk-Adjusted Performance
SAFE vs. TMF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Safehold Inc. (SAFE) 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
SAFE vs. TMF - Dividend Comparison
SAFE's dividend yield for the trailing twelve months is around 3.63%, more than TMF's 2.83% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SAFE Safehold Inc. | 3.63% | 5.03% | 8.43% | 5.05% | 8.27% | 7.04% | 6.63% | 0.96% | 0.00% | 0.00% | 0.00% | 0.00% |
TMF Direxion Daily 20-Year Treasury Bull 3X | 2.83% | 2.82% | 1.62% | 0.13% | 2.23% | 0.94% | 1.49% | 0.41% | 0.00% | 0.00% | 0.00% | 0.57% |
Drawdowns
SAFE vs. TMF - Drawdown Comparison
The maximum SAFE drawdown since its inception was -78.40%, smaller than the maximum TMF drawdown of -92.18%. Use the drawdown chart below to compare losses from any high point for SAFE and TMF. For additional features, visit the drawdowns tool.
Volatility
SAFE vs. TMF - Volatility Comparison
The current volatility for Safehold Inc. (SAFE) is 8.70%, while Direxion Daily 20-Year Treasury Bull 3X (TMF) has a volatility of 12.86%. This indicates that SAFE 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.