Direxion Daily 20 Year Treasury Bull 3X Shares vs Vanguard Emerging Markets Stock Index Fund ETF — how do they compare? Direxion Daily 20 Year Treasury Bull 3X Shares trades at $32.39, while Vanguard Emerging Markets Stock Index Fund ETF trades at $58.85. The key difference: Vanguard Emerging Markets Stock 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 | VWO | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $44.14 | $61.24 |
52-Week Low | $31.85 | $49.54 |
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 →The fund employs an indexing investment approach designed to track the performance of the FTSE Emerging Markets All Cap China A Inclusion Index. It invests by sampling the index, meaning that it holds a broadly diversified collection of securities that, in the aggregate, approximates the index in terms of key characteristics.
Read more on VWO →