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:
-0.33
TMF:
-0.66
SAFE:
-0.26
TMF:
-0.76
SAFE:
0.97
TMF:
0.91
SAFE:
-0.13
TMF:
-0.30
SAFE:
-0.77
TMF:
-1.32
SAFE:
15.08%
TMF:
20.79%
SAFE:
35.24%
TMF:
41.48%
SAFE:
-87.87%
TMF:
-92.11%
SAFE:
-85.72%
TMF:
-91.60%
Returns By Period
In the year-to-date period, SAFE achieves a -8.01% return, which is significantly lower than TMF's -1.48% return.
SAFE
-8.01%
-12.03%
-21.74%
-13.18%
-22.50%
N/A
TMF
-1.48%
-5.10%
-19.17%
-25.75%
-31.41%
-16.25%
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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 4.16%, less than TMF's 4.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
SAFE Safehold Inc. | 4.16% | 3.83% | 5.03% | 4.91% | 2.41% | 3.72% | 3.45% | 2.52% | 0.00% |
TMF Direxion Daily 20-Year Treasury Bull 3X | 4.35% | 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) and Direxion Daily 20-Year Treasury Bull 3X (TMF) have volatilities of 10.61% and 10.44%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.