iShares Global Clean Energy ETF vs Direxion Daily 20 Year Treasury Bull 3X Shares — how do they compare? iShares Global Clean Energy ETF trades at $18.53, while Direxion Daily 20 Year Treasury Bull 3X Shares trades at $32.38. The key difference: iShares Global Clean Energy ETF is trading nearer its 52-week high, Direxion Daily 20 Year Treasury Bull 3X Shares nearer its low. Which is the better fit depends on your goals.
| ICLN | TMF | |
|---|---|---|
52-Week High | $23.75 | $44.14 |
52-Week Low | $13.41 | $31.85 |
Sector | — | Leveraged / Inverse |
Trailing returns across standard periods
The index is designed to track the performance of approximately 100 clean energy-related companies. The fund generally invests at least 80% of its assets in the component securities of the target index. The index may invest up to 20% of its assets in certain futures, trading options and swap contracts, cash and cash equivalents, as well as in securities not included in the index. It is non-diversified.
Read more on ICLN →TMF is a leveraged ETF that seeks to provide 300% (3x) of the daily performance of the ICE U.S. Treasury 20+ Year Bond Index. It is a tactical instrument used by sophisticated traders to capitalize on declining interest rates or to hedge against equity market volatility. Due to its daily reset mechanism and high expense ratio, TMF is structurally designed for short-term speculation rather than long-term buy-and-hold investing.
Read more on TMF →