Direxion Daily 20 Year Treasury Bull 3X Shares vs Western Alliance Bancorporation — how do they compare? Direxion Daily 20 Year Treasury Bull 3X Shares trades at $32.33, while Western Alliance Bancorporation trades at $79.8 (market cap $8.84B). The key difference: Western Alliance Bancorporation pays a 2.07% dividend while Direxion Daily 20 Year Treasury Bull 3X Shares pays none, and Western Alliance Bancorporation 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 | WAL | |
|---|---|---|
Sector | Leveraged / Inverse | Financials |
52-Week High | $44.14 | $96.08 |
52-Week Low | $31.85 | $66.70 |
Market Cap | — | $8.84B |
Dividend Yield | — | 2.07% |
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 →Western Alliance Bancorporation is a top-performing bank holding company that operates a dual business model: high-touch regional banking and specialized national business lines. It serves niche industries—including technology, life sciences, and homeowners associations—providing sophisticated commercial lending and treasury solutions that bridge the gap between regional service and national scale.
Read more on WAL →