iShares iBoxx $ Inv Grade Corporate Bond ETF vs Direxion Daily 20 Year Treasury Bull 3X Shares — how do they compare? iShares iBoxx $ Inv Grade Corporate Bond ETF trades at $106.32, while Direxion Daily 20 Year Treasury Bull 3X Shares trades at $31.16. Which is the better fit depends on your goals.
| LQD | TMF | |
|---|---|---|
52-Week High | $112.91 | $44.14 |
52-Week Low | $105.96 | $30.59 |
Sector | — | Leveraged / Inverse |
Trailing returns across standard periods
The fund will invest at least 80% of its assets in the component securities of the underlying index, and it will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that the advisor believes will help the fund track the underlying index. The underlying index is designed to provide a broad representation of the US dollar-denominated liquid investment-grade corporate bond market.
Read more on LQD →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 →