Direxion Daily 20 Year Treasury Bull 3X Shares vs Energy Select Sector SPDR Fund — how do they compare? Direxion Daily 20 Year Treasury Bull 3X Shares trades at $32.39, while Energy Select Sector SPDR Fund trades at $58.47. The key difference: Energy Select Sector SPDR Fund 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 | XLE | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $44.14 | $62.57 |
52-Week Low | $31.85 | $42.12 |
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as energy companies by the GICS®, including securities of companies from the following industries: oil, gas and consumable fuels; and energy equipment and services. It is non-diversified.
Read more on XLE →