Direxion Daily 20 Year Treasury Bull 3X Shares vs United States Oil ETF — how do they compare? Direxion Daily 20 Year Treasury Bull 3X Shares trades at $32.38, while United States Oil ETF trades at $128.79. The key difference: United States Oil 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.
| TMF | USO | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $44.14 | $152.96 |
52-Week Low | $31.85 | $66.17 |
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 →This ETF invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels.
Read more on USO →