Direxion Daily 7-10 Year Treasury Bull 3X Shares (based on the NYSE 7-10 Year Treasury Bond Index; symbol AXSVTN)
Snapshot*
Top 10 Holdings
What is TYD?
The Direxion Daily 7-10 Year Treasury Bull & Bear 3x Shares seek daily investment results, before fees and expenses, of 300% or 300% of the inverse (or opposite) of the performance of the ICE U.S. Treasury 7-10 Year Bond Index. There is no guarantee the funds will meet their stated investment objectives. These leveraged ETFs seek a return that is +300% 0r -300% of the return of their benchmark index for a single day. The funds should not be expected to provide three times or negative three times the return of the benchmark s cumulative return for periods greater than a day. The ICE U.S. Treasury 7-10 Year Bond Index is a market value weighted index that includes publicly issued U.S. Treasury securities that have a remaining maturity of greater than seven years and less than or equal to ten years. Eligible securities must be fixed rate, denominated in U.S. dollars, and have $300 million or more of outstanding face value, excluding amounts held by the Federal Reserve. Securities excluded from the Index are zero-coupon STRIPS, inflation linked securities, floating rate notes, cash management and Treasury bills, and any government agency debt issued with or without a government guarantee. One cannot directly invest in an Index.
TYDPerformance Measures**
for the time period Apr 16, 2009 to Aug 5, 2026
1M Trailing Return: -2.7%
The percent change in the value over the most recent 1-month period.
3M Trailing Return: -3.6%
The percent change in the value over the most recent 3-month period.
Max Drawdown: -64.3%
The greatest percent loss from peak to trough in value over the time period.
Standard Deviation: 23.0%
The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.
Sharpe Ratio: 0.16
The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.
Calmar Ratio: 0.02
The annualized return divided by the max drawdown for the selected time period.
ETFs related toTYD
ETFs correlated to TYD include IEF, UTEN, GOVT
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Trading Strategies
Related toTYD
V1a WAM 28 Oct 2011 - K-1 Free
Category
Tactical asset allocation, leveraged ETFs, momentum and mean reversion, market timing, risk-on/risk-off, volatility-based selection, sector rotation, hedging/shorting
OOS Cumulative Return
788.55%
Wooden ARKK Machine 2.2 + BB V3.0.4.2A Merged with CONS v1.0.0 RR and V1 New SOXL Baller
Category
Leveraged ETFs, Tactical rotation, Momentum/mean‑reversion, Volatility hedge, Rates filter, Tech/Semiconductors focus, ARK rotation, Daily rebalance, High risk
OOS Cumulative Return
768.45%
Create your own algorithmic trading strategy with TYD using Composer
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.