Direxion Daily 20 Year Treasury Bull 3X Shares vs Vanguard Information Technology Index Fund ETF — how do they compare? Direxion Daily 20 Year Treasury Bull 3X Shares trades at $32.39, while Vanguard Information Technology Index Fund ETF trades at $115.92. The key difference: Vanguard Information Technology Index Fund 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 | VGT | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $44.14 | $125.77 |
52-Week Low | $31.85 | $83.59 |
Trailing returns across standard periods
Latest headlines on both assets
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 →The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index/Information Technology 25/50, an index made up of stocks of large, mid-size, and small US companies within the information technology sector, as classified under the GICS. The advisor attempts to replicate the target index by seeking to invest all of its assets in the stocks that make up the index, in order to hold each stock in approximately the same proportion as its weighting in the index. It is non-diversified.
Read more on VGT →