Direxion Daily 20 Year Treasury Bull 3X Shares vs Tapestry, Inc. — how do they compare? Direxion Daily 20 Year Treasury Bull 3X Shares trades at $32.38, while Tapestry, Inc. trades at $140.62 (market cap $28.51B). The key difference: Tapestry, Inc. pays a 1.13% dividend while Direxion Daily 20 Year Treasury Bull 3X Shares pays none, and Tapestry, Inc. 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.
| TMF | TPR | |
|---|---|---|
Sector | Leveraged / Inverse | Consumer Cyclical |
52-Week High | $44.14 | $160.49 |
52-Week Low | $31.85 | $95.69 |
Market Cap | — | $28.51B |
Enterprise Value | — | $31.37B |
Dividend Yield | — | 1.13% |
Trailing returns across standard periods
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 →Coach, Kate Spade, and Stuart Weitzman are the fashion and accessory brands that comprise Tapestry. The firm's products are sold through about 1,400 company-operated stores, wholesale channels, and e-commerce in North America (67% of fiscal 2022 sales), Europe, Asia (28% of fiscal 2022 sales), and elsewhere. Coach (74% of fiscal 2022 sales) is best known for affordable luxury leather products. Kate Spade (22% of fiscal 2022 sales) is known for colorful patterns and graphics. Women's handbags and accessories produced 69% of Tapestry's sales in fiscal 2022. Stuart Weitzman, Tapestry's smallest brand, generates nearly all its revenue from women's footwear.
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