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:
-0.52
TMF:
-0.46
SAFE:
-0.58
TMF:
-0.42
SAFE:
0.94
TMF:
0.95
SAFE:
-0.21
TMF:
-0.20
SAFE:
-0.97
TMF:
-0.89
SAFE:
18.73%
TMF:
20.89%
SAFE:
34.94%
TMF:
40.68%
SAFE:
-87.87%
TMF:
-92.11%
SAFE:
-85.88%
TMF:
-91.24%
Returns By Period
In the year-to-date period, SAFE achieves a -9.04% return, which is significantly lower than TMF's 2.75% return.
SAFE
-9.04%
0.06%
-29.16%
-16.10%
-24.27%
N/A
TMF
2.75%
1.53%
-27.67%
-17.02%
-33.06%
-14.54%
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Risk-Adjusted Performance
SAFE vs. TMF — Risk-Adjusted Performance Rank
SAFE
TMF
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 4.21%, which matches TMF's 4.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
SAFE Safehold Inc. | 4.21% | 3.83% | 5.03% | 4.91% | 2.41% | 3.72% | 3.45% | 2.52% | 0.00% |
TMF Direxion Daily 20-Year Treasury Bull 3X | 4.17% | 4.29% | 2.82% | 1.62% | 0.13% | 2.23% | 0.94% | 1.49% | 0.41% |
Drawdowns
SAFE vs. TMF - Drawdown Comparison
The maximum SAFE drawdown since its inception was -87.87%, roughly equal to the maximum TMF drawdown of -92.11%. 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
Safehold Inc. (SAFE) has a higher volatility of 13.27% compared to Direxion Daily 20-Year Treasury Bull 3X (TMF) at 11.43%. This indicates that SAFE'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.