Invesco Ltd. vs Direxion Daily 20 Year Treasury Bull 3X Shares — how do they compare? Invesco Ltd. trades at $29.51 (market cap $13.28B), while Direxion Daily 20 Year Treasury Bull 3X Shares trades at $25.99 (market cap $2.03B). The key difference: Invesco Ltd. is far larger — about 6.5× Direxion Daily 20 Year Treasury Bull 3X Shares's market cap, and Invesco Ltd. pays a 2.86% dividend while Direxion Daily 20 Year Treasury Bull 3X Shares pays none. Which is the better fit depends on your goals — on Pluang, investors hold Invesco Ltd. for 77 Days and Direxion Daily 20 Year Treasury Bull 3X Shares for 28 Days on average.
| IVZ | TMF | |
|---|---|---|
Market Cap | $13.28B | $2.03B |
Volume | 3,698,033 | 12,241,664 |
Sector | Financials | Fixed Income |
52-Week High | $33.31 | $44.14 |
52-Week Low | $22.44 | $25.19 |
Typical Hold Time | 77 Days | 28 Days |
Enterprise Value | $23.45B | — |
Dividend Yield | 2.86% | — |
Signals from Pluang's Aura AI — not financial advice
IVZ trades at $30.09, down 1.34% on the day, with a bearish technical signal from moving averages and oscillators. The company reported a net loss of $281.70 million in 2025 despite revenue growth to $6.38 billion, though recent earnings beats in Q4 2025 and Q2 2026 show some operational resilience. Analyst consensus is mixed with a $33.14 price target, and the firm continues expanding its ETF suite, including the recent launch of the Invesco Nasdaq International Innovators 100 ETF.
The outlook remains cautious due to negative profitability margins and bearish technicals, but the absence of sell ratings and a dividend payment provide some support. Key risks include sustained negative net income and competitive pressures in the asset management sector, while potential upside hinges on improved earnings and AUM growth momentum.
TMF (Direxion Daily 20+ Year Treasury Bull 3X ETF) trades at $25.92, up 2.73% with increased volume of 5.2 million shares. Technical indicators show a bearish trend with strong selling pressure in moving averages, while oscillators remain neutral. The ETF saw heightened trading activity amid market focus on long-term Treasury movements.
As a leveraged Treasury ETF, TMF offers amplified exposure to long-term bond performance but carries significant volatility risks. Current market conditions suggest cautious positioning given the bearish technical signals and interest rate sensitivity. The absence of fundamental metrics typical of operating companies limits traditional valuation analysis.
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 →