ducovest

TMV:ARCA-Direxion Daily 20-Year Treasury Bear 3X (USD)

ETF | Trading--Inverse Debt | NYSE Arca

Last Closing

USD 41.08

Change

-0.70 (-1.68)%

Market Cap

USD 0.49B

Volume

1.75M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks daily investment results before fees and expenses of 300% of the inverse (or opposite) of the performance of the ICE U.S. Treasury 20+ Year Bond Index. The fund creates short positions by investing at least 80% of its assets in: swap agreements; futures contracts; options; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the index. The index is a market value weighted index that includes publicly issued U.S. Treasury securities that have a remaining maturity of greater than 20 years. It is non-diversified.

Company Website : http://www.direxioninvestments.com/

Currency: USD

Country : USA

Inception Date: 16/04/2009

Primary Benchmark: ICE U.S. Treasury 20+ Year Bond TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 0.9%

Management Expense Ratio: 0.99 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
FTIXX Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares 50.11 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-26 )

Largest Industry Peers for Trading--Inverse Debt

Symbol Name Mer Price(Change) Market Cap
TBT ProShares UltraShort 20+ Year .. 0.90 %

-0.31 (-0.86%)

 USD 0.31B
SJB ProShares Short High Yield 0.95 %

N/A

 USD 0.10B
TBF ProShares Short 20+ Year Treas.. 0.92 %

-0.05 (-0.21%)

 USD 0.09B
TTT ProShares UltraPro Short 20+ Y.. 0.95 %

-0.78 (-0.99%)

 USD 0.04B
PST ProShares UltraShort 7-10 Year.. 0.95 %

-0.09 (-0.35%)

 USD 0.02B
TBX ProShares Short 7-10 Year Trea.. 0.95 %

-0.07 (-0.22%)

 USD 0.02B
TYO Direxion Daily 7-10 Year Treas.. 1.05 %

-0.13 (-0.85%)

 USD 0.01B

ETFs Containing TMV

N/A

Market Performance

  Market Performance vs. Industry/Classification (Trading--Inverse Debt) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 38.74% 88% B+ 98% N/A
Dividend Return 1.67% 86% B+ 70% C-
Total Return 40.41% 100% F 98% N/A
Trailing 12 Months  
Capital Gain 54.35% 100% F 94% A
Dividend Return 5.04% 63% D 69% C-
Total Return 59.39% 100% F 94% A
Trailing 5 Years  
Capital Gain 868.30% 100% F 99% N/A
Dividend Return 39.49% 100% F 93% A
Total Return 907.79% 100% F 99% N/A
Average Annual (5 Year Horizon)  
Capital Gain 153.87% 100% F 98% N/A
Dividend Return 154.72% 100% F 98% N/A
Total Return 0.84% 50% F 20% F
Risk Return Profile  
Volatility (Standard Deviation) 263.18% 13% F 3% F
Risk Adjusted Return 58.79% 88% B+ 82% B
Market Capitalization 0.49B 88% B+ 34% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.