Key stats
About Direxion Daily 10-Yr Treasury Bear 3x Shrs
Inception date
Apr 16, 2009
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
TYO provides daily inverse leveraged -3x exposure to the ICE U.S. Treasury 7-10 Year Bond Index. The index is designed to rise when yields rise, making TYO a highly leveraged bet on rising yields. The fund delivers its -3x daily resetting exposure to T-Notes with 7 to 10 years left to maturity, but don`t expect the headline leverage exposure to remain the same if holding for more than one day. Management fees are of less concern, as a tactical tool, investors should pay extra attention to TYO's trading characteristics to determine if it has enough liquidity to support same-day entry and exit. Prior to May 2, 2016, TYO tracked the NYSE 7-10 Year Treasury Bond Index. The change is not expected to have a material impact on exposure or performance.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TYO last dividends amounted to 0.23 USD. The quarter before, the issuer paid 0.05 USD in dividends, which shows a 76.67% increase.
TYO assets under management is 11.28 M USD. It's risen 13.04% over the last month.
TYO fund flows account for −3.37 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, TYO pays dividends to its holders with the dividend yield of 4.16%. The last dividend (Apr 1, 2025) amounted to 0.23 USD. The dividends are paid quarterly.
TYO shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Apr 16, 2009, and its management style is Passive.
TYO expense ratio is 1.00% meaning you'd have to pay 1.00% of your investment to help manage the fund.
TYO follows the ICE BofA US Treasury (7-10 Y). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TYO invests in cash.
TYO price has risen by 4.25% over the last month, and its yearly performance shows a −7.91% decrease. See more dynamics on TYO price chart.
NAV returns, another gauge of an ETF dynamics, showed a 3.24% increase in three-month performance and has decreased by −4.52% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 3.24% increase in three-month performance and has decreased by −4.52% in a year.
TYO trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.