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ETFs

Direxion Daily 7-10 Year Treasury Bull 3X Shares (based on the NYSE 7-10 Year Treasury Bond Index; symbol AXSVTN)

TYD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 16 2009
Expense Ratio
0.95%
Type
US Bonds
Fund Owner
Direxion Shares
Volume (1m avg. daily)
$1,006,584
AUM
$45,213,345
Associated Index
ICE U.S. Treasury 7-10 Year Bond Index
Inverse/Leveraged
Leveraged (3x)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

IEF
BlackRock Institutional Trust Company N.A. - iShares 7-10 Year Treasury Bond ETF
21.35%
n/a
DREYFUS GOVT CASH MAN INS
9.11%
n/a
GOLDMAN FINL SQ TRSRY INST 506
1.21%
n/a
GOLDMAN SACHS FIN GOV 465 INSTITUT
0.49%
Invest with TYD

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.

ETFs related toTYD

ETFs correlated to TYD include IEF, UTEN, GOVT

TYD
Direxion Shares ETF Trust - Direxion Daily 7-10 Year Treasury Bull 3X Shares
IEF
BlackRock Institutional Trust Company N.A. - iShares 7-10 Year Treasury Bond ETF
UTEN
Rbb Fund Inc - US Treasury 10 Year Note ETF
GOVT
BlackRock Institutional Trust Company N.A. - iShares U.S. Treasury Bond ETF
IBTK
iShares Trust - iShares iBonds Dec 2030 Term Treasury ETF
IBTJ
iShares Trust - iShares iBonds Dec 2029 Term Treasury ETF
VGIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Treasury ETF
SCHR
Schwab Strategic Trust - Schwab Intermediate-Term U.S. Treasury ETF
BIV
Vanguard Group, Inc. - Vanguard Intermediate-Term Bond ETF
SPTI
SPDR Series Trust - SPDR Portfolio Intermediate Term Treasury ETF
BND
Vanguard Group, Inc. - Vanguard Total Bond Market ETF

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.

Automated Strategies
Related toTYD

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with TYD using Composer

FAQ

TYD is a US Bonds ETF. 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.

TYD tracks the ICE U.S. Treasury 7-10 Year Bond Index.

No, TYD is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, TYD is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on TYD is -0.0668%. This is the percent change in the value of TYD over the most recent 1-month period. The 3-month return on TYD is -0.1707%. This is the percent change in the value of TYD over the most recent 3-month period.

The standard deviation of TYD for the past year is 0.2951%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to TYD include UST, TYO, and SJB.

ETFs correlated to TYD include IEF, UTEN, and GOVT.

ETFs that are inversely correlated to TYD include PST, TBX, and TTT.

Yes, TYD is a Leveraged (3x) ETF: This means that TYD will try to match the performance of ICE U.S. Treasury 7-10 Year Bond Index, but with 3x the returns.

Yes, TYD is a Leveraged (3x) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of ICE U.S. Treasury 7-10 Year Bond Index, but move 3x in the opposite direction.

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.