Direxion Daily 20+ Year Treasury Bear 3X Shares company info

What does Direxion Daily 20+ Year Treasury Bear 3X Shares do?
Direxion Daily 20+ Year Treasury Bear 3X Shares (NYSEARCA:TMV) is an exchange-traded fund (ETF) designed to inversely track the performance of U.S. Treasury bonds with maturities greater than 20 years, aiming to provide investors with three times the opposite daily performance of its benchmark index. As such, its operations are focused on leveraging financial derivatives and debt instruments to achieve its investment objectives. TMV’s core project involves actively managing its portfolio to align with its goal of capitalizing on declines in long-term U.S. Treasury bond prices, making it a tool for investors looking to hedge against or speculate on changes in interest rates. Given its specific focus, its objectives revolve around offering a measurable and amplified inverse exposure to rate movements for sophisticated investors and traders who have a bearish outlook on long-term U.S. Treasury securities.
Direxion Daily 20+ Year Treasury Bear 3X Shares company media
Company Snapshot

Is Direxion Daily 20+ Year Treasury Bear 3X Shares a public or private company?

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Ownership
Public

How many people does Direxion Daily 20+ Year Treasury Bear 3X Shares employ?

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Employees
56

What sector is Direxion Daily 20+ Year Treasury Bear 3X Shares in?

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Sector
ETF

Where is the head office for Direxion Daily 20+ Year Treasury Bear 3X Shares?

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Head Office
New York, United States

What year was Direxion Daily 20+ Year Treasury Bear 3X Shares founded?

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Year Founded
2009
What does Direxion Daily 20+ Year Treasury Bear 3X Shares specialise in?
/Exchange Traded Fund /Short Term Trading /Bond Market /Leveraged Investments /Daily Rebalancing /Aggressive Strategy

What are the products and/or services of Direxion Daily 20+ Year Treasury Bear 3X Shares?

Overview of Direxion Daily 20+ Year Treasury Bear 3X Shares offerings
Inverse Exposure to Long-Term Treasuries: TMV offers -3x daily returns on the ICE U.S. Treasury 20+ Year Bond Index. If the index goes up, TMV aims to deliver a -3x daily return, and vice versa.
Short-Term Focus: TMV targets daily performance, so the 3x leverage may not perfectly compound over longer periods.
Potential for Amplified Returns: When long-term Treasury prices fall, TMV attempts to magnify those gains by 3x, offering potentially amplified returns for investors.
Magnified Losses: Conversely, if long-term Treasury prices rise, TMV aims to deliver a -3x daily return, resulting in potentially amplified losses.
Hedging Tool: TMV can be used as a hedging tool to potentially offset potential losses in portfolios heavily invested in long-term Treasuries.
Geared for Speculative Investors: Due to the volatility and potential for magnified gains and losses, TMV is generally suited for speculative investors comfortable with higher risk.