Invesco Ltd. vs Direxion Daily 20 Year Treasury Bull 3X Shares — how do they compare? Invesco Ltd. trades at $31.16 (market cap $13.85B), while Direxion Daily 20 Year Treasury Bull 3X Shares trades at $31.18. The key difference: Invesco Ltd. pays a 2.74% dividend while Direxion Daily 20 Year Treasury Bull 3X Shares pays none, and Invesco Ltd. 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.
| IVZ | TMF | |
|---|---|---|
Market Cap | $13.85B | — |
Sector | Financials | Leveraged / Inverse |
52-Week High | $32.01 | $44.14 |
52-Week Low | $20.67 | $30.59 |
Enterprise Value | $24.01B | — |
Dividend Yield | 2.74% | — |
Trailing returns across standard periods
Latest headlines on both assets
Invesco provides investment-management services to retail (65% of managed assets) and institutional (35%) clients. At the end of August 2022, the firm had $1.416 trillion in assets under management spread among its equity (47% of AUM), balanced (5%), fixed-income (22%), alternative investment (14%), and money market (12%) operations. Passive products account for 32% of Invesco's total AUM, including 56% of the company's equity operations and 13% of its fixed-income platform. Invesco's U.S. retail business is one of the 10 largest nonproprietary fund complexes in the country. The firm also has a meaningful presence outside the U.S., with close to one third of its AUM sourced from Canada (2%), the U.K. (4%), continental Europe (11%), and Asia (15%).
Read more on IVZ →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 →