Direxion Daily 20+ Year Treasury Bear 3X Shares

TMV provides -3x daily exposure to a market-value-weighted index of US Treasury bonds with over 20 years to maturity.

TMV offers leveraged inverse exposure to long-term Treasury bonds, aiming for three times the opposite daily performance of the ICE U.S. Treasury 20+ Year Bond Index. The fund's 3x leverage allows for significant short-term gains, but also magnifies losses and requires hands-on management due to volatility decay. TMV is a potential hedging tool for those with large long positions in Treasury bonds, but its high expense ratio and complex structure are drawbacks.

TMV: A Levered Play Against Treasuries

Initially rated Direxion Daily 20+ Year Treasury Bear 3X Shares a 'Buy' in 2022, yielding 65% and 51% returns since commentaries, but downgraded to 'Hold' in 2023 due to time decay risks. Leveraged funds like TMV suffer from significant time decay in consolidating markets, requiring active trading rather than holding. TBF's recent MACD buy signal and golden cross indicate an upcoming bullish trend, prompting an upgrade of TMV back to 'Buy'.

Turning Bullish Once More In TMV

Direxion Daily 20+ Year Treasury Bull 3X Shares

Direxion Daily 7-10 Year Treasury Bull 3x Shares

Direxion Daily 7-10 Year Treasury Bear 3x Shares

With the path to rate cuts clearer, Treasury bonds have been heading higher since the start of the summer, but they've taken a turn. The return of rising yields have been putting the Direxion Daily 20+ Yr Trsy Bear 3X ETF (TMV) and the Direxion Daily 7-10 Year Treasury Bear 3X Shares (TYO) back into positive territory.

Rising Yields Bring Inverse Treasury ETFs Back to Positive Territory

Invesco Senior Loan ETF

iShares Floating Rate Bond ETF

JPMorgan Ultra-Short Income ETF

Invesco Global Short Term High Yield Bond ETF

ProShares UltraShort 7-10 Year Treasury

Global X Interest Rate Hedge ETF

ProShares Short Real Estate

ProShares UltraShort Utilities

ProShares UltraShort Real Estate

ProShares UltraShort 20+ Year Treasury

iShares Treasury Floating Rate Bond ETF

Long-term U.S. treasury yields have been on the uptrend lately. Benchmark U.S. Treasury yields were 4.26% on Nov. 5, up from 3.74% recorded on Oct.1.

Will U.S. Treasury Yields Surge Postelection? ETFs in Focus

JPMorgan BetaBuilders Europe ETF

SPDR Bloomberg 1-3 Month T-Bill ETF

Xtrackers MSCI Europe Hedged Equity ETF

Xtrackers MSCI Eurozone Hedged Equity ETF

WisdomTree Europe SmallCap Dividend Fund

Vanguard Extended Duration Treasury ETF

BlackRock Enhanced Government Fund

WisdomTree Europe Quality Dividend Growth Fund

ProShares MSCI Europe Dividend Growers ETF

Direxion Daily FTSE Europe Bull 3X Shares

WisdomTree Europe Hedged SmallCap Equity Fund

iShares MSCI Eurozone ETF

First Trust STOXX European Select Dividend Index Fund

First Trust Europe AlphaDEX Fund

First Trust Eurozone AlphaDEX ETF

SPDR EURO STOXX 50 ETF

iShares U.S. Fixed Income Balanced Risk Factor ETF

Franklin FTSE Europe ETF

Franklin FTSE Eurozone ETF

First Trust IPOX Europe Equity Opportunities ETF

Goldman Sachs TreasuryAccess 0-1 Year ETF

iShares U.S. Treasury Bond ETF

iShares 25+ Year Treasury STRIPS Bond ETF

Goldman Sachs ActiveBeta Europe Equity ETF

Invesco Ultra Short Duration ETF

WisdomTree Europe Hedged Equity Fund

iShares Currency Hedged MSCI Eurozone ETF

iShares 7-10 Year Treasury Bond ETF

iShares 3-7 Year Treasury Bond ETF

iShares Core MSCI Europe ETF

iShares MSCI Europe Small-Cap ETF

iShares Europe ETF

First Trust Long Duration Opportunities ETF

ALPS O'Shares Europe Quality Dividend ETF Shares

Pacer Trendpilot European Index ETF

First Trust RiverFront Dynamic Europe ETF

Schwab Short-Term US Treasury ETF

Schwab Long-Term US Treasury ETF

Schwab Intermediate-Term US Treasury ETF

iShares 0-3 Month Treasury Bond ETF

iShares Short Treasury Bond ETF

iShares 1-3 Year Treasury Bond ETF

SPDR Portfolio Europe ETF

SPDR Portfolio Long Term Treasury ETF

SPDR Portfolio Short Term Treasury ETF

Proshares Short 20+ Year Treasury

ProShares Short 7-10 Year Treasury

iShares 10-20 Year Treasury Bond ETF

iShares 20+ Year Treasury Bond ETF

ProShares UltraPro Short 20+ Year Treasury

ProShares Ultra 20+ Year Treasury

ProShares Ultra 7-10 Year Treasury

US Treasury 2 Year Note ETF

Vanguard Intermediate-Term Treasury ETF

Vanguard FTSE Europe ETF

Vanguard Long-Term Treasury ETF

Vanguard Short-Term Treasury ETF

PIMCO 25+ Year Zero Coupon US Treasury Index ETF

The ECB cut rates by 25bp as widely anticipated, but a slightly hawkish tilt bear flattened the EUR curve, which in our view remains priced aggressively. In the US, as the markets head towards the Fed's first rate cut, the probability of a larger cut rose slightly on Thursday.

Rates Spark: ECB Presser Bear-Flattened The Curve

The expectation of interest rate cuts can keep pushing bond ETFs higher, giving traders options in bullish leveraged options for profit maximization. In the meantime, more investors are adding bonds to their portfolios, especially after a volatile August.

Expected Rate Cuts Can Keep Pushing These ETFs Higher

Yields on 10-year U.S. Treasuries have trended lower lately with bond markets pricing in a Federal Reserve rate cut as early as September. Aside from the usual Fed speculation, add in some extra uncertainty for the U.S. presidential election and interest rate traders may see some action in coming weeks and months.

Aggressive Treasury Plays: Betting on September Fed Rate Cut

The anticipation for the first rate cut in this rate cycle keeps on building as capital markets hope to see one at least before 2024 comes to a close. Meantime, hopes for looser monetary policy can drive specific leveraged ETFs higher.

Rate Cut Hopes Can Elevate These Leveraged ETFs Higher

Direxion Daily 20+ Year Treasury Bear 3X Shares ETF is a leveraged ETF that takes a 3x position against long-dated Treasuries. Inflation expectations remain high, meaning that inflation will necessarily remain high absent major aggregate demand pressures. TMV could be an appropriate speculative play on Powell's upcoming speech on Monday, which will likely affirm a hawkish tone, as the Fed will see clearly inflation isn't falling enough.

Hawkish Remarks On Monday Would Play In Favor Of TMV

MAX Auto Industry 3X Leveraged ETN

Direxion Daily Regional Banks Bull 3X Shares

ProShares UltraShort Bloomberg Natural Gas

Bank of Montreal - MicroSectors U.S. Big Oil Index 3X Leveraged ETNs

MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN

GraniteShares 1.25 Long TSLA Daily ETF

Direxion Daily TSLA Bull 1.5X Shares

MicroSectors Energy 3X Leveraged ETN

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 06/30/2024

Signs of cooling inflation are bringing bond bulls back as the Federal Reserve recently kept interest rates unchanged yet again. Bond bulls, however, are betting on rate cuts propping up prices as the second half of 2024 may see the first of said cuts.

Cooling Inflation and Rate Cut Hopes Bring Bond Bulls Back

Fidelity Low Duration Bond Factor ETF

Simplify Interest Rate Hedge ETF

FolioBeyond Rising Rates ETF

Virtus Seix Senior Loan ETF

The Fed's Neel Kashkari believes that it's likely that the Fed will cut interest rates once in 2024, possibly in December.

Rates to Stay Higher for Longer? ETF Strategies to Play

Direxion Daily Emerging Markets Bull 3X Shares

Direxion Daily Mid Cap Bull 3x Shares

Direxion Daily Gold Miners Index Bull 2X Shares

Direxion Daily S&P 500 Bull 3x Shares

Direxion Daily Technology Bear 3X Shares

Direxion Daily Small Cap Bull 3x Shares

Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X Shares

Navigating capital markets requires intangible tools like intuition, mental acuity, and even a bit of luck. Then comes the tangible tools to maximize profit, like leveraged ETFs, which can help traders in a variety of ways.

3 Ways Leveraged ETFs Help Traders Navigate Markets

TLT is risky due to volatility in the current market, TMV offers a reasonable choice for hedging against TLT long holdings. TMV is a daily inverse triple for TLT, with triple the volatility. It could perform well in the near term while it may also pay good dividend. Actively managing TMV trades involves monitoring volatility, using it as a hedge, and selling covered calls for extra income.

TMV: Efficient Hedge And Income Play For Volatile Long Bond Market

Bullish bond investors are having to hear the higher-for-longer interest rates narrative longer than they initially expected heading into 2024. Rising Treasury yields are keeping bond prices down, but in turn, pushing inverse exchange traded funds (ETFs) higher.

Rising Treasury Yields Push These Inverse ETFs Higher

Federal Reserve Chair Jerome Powell's recent remarks indicate a delay in rate cuts.

Fed Rhetoric Turns Hawkish: ETF Strategies to Play Rising Yields

Direxion Daily S&P 500 Bear 3x Shares

Increased optimism in rate cuts may be slowly dissipating as the economy continues to run hot and inflation remains sticky. That opens opportunities in bearish exchange-traded funds (ETFs) as investors continue hoping for a rate cut that may not come as quickly as they had hoped for.

3 Bear ETFs to Consider as Treasury Yields Climb

The U.S. Treasury yields are on the rise with the start of second-quarter 2024, as the hopes for interest rates cut in June cooled down following the hotter-than-expected manufacturing data.

Capitalize on Yield Surge With Inverse Treasury ETF

Stocks slumped to start Q2 as an interest rate cut by the Fed may come later than anticipated before. Investors can rely on these ETF strategies to play rising yields.

ETF Strategies to Play Rising Yields

The capital markets have been hanging on the U.S. Federal Reserve's every word, looking for any indication of rate cuts. But as the higher-for-longer narrative continues to go on, stubborn inflation and elevated yields could keep bond bulls at bay.

Stubborn Inflation and Higher Yields Could Keep Bond Bulls At Bay

Direxion Daily CSI China Internet Index Bull 2X Shares

Direxion Daily Real Estate Bear 3x Shares

Direxion Daily S&P Biotech Bear 3X Shares

AdvisorShares MSOS 2x Daily ETF

Direxion Daily Semiconductor Bear 3x Shares

Top Performing Leveraged/Inverse ETFs: 03/17/2024

With capital markets eyeing the close of the first quarter of 2024, there's much optimism heading through the rest of the year in anticipation of interest rate cuts. This should bring the bulls out who are looking to play a run-up in bond prices.

Anticipation of Yields Falling Should Bring Bond Bulls Out

Stubborn and sticky inflation is keeping yields elevated again while pushing down bond prices. Of course, this opens up pathways for traders to gain from falling bond prices via inverse exchange-traded funds (ETFs).

Stubborn Inflation Keeps These Inverse Bond ETFs Elevated

The long-dated Treasuries posted their biggest two-day loss in months leading to a surge in ETFs that bet against U.S. Treasury bonds.

Inverse Treasury ETFs Spike as March Rate Cut Bets Recede

The start of 2024 has been marked by record issuance in bonds both in the public and private sectors. But as fresh supply hits the bond market, prices have been dipping as of late.

Bond Prices Dipping Offer Opportunities in These 2 ETFs

News for Direxion Daily 20+ Year Treasury Bear 3X Shares ETF (TMV)