TMFDIREXION DAILY 20+ YEAR TREASURY BULL 3X SHARESINDEX
DIREXION DAILY 20+ YEAR TREASURY BULL 3X SHARES
$29.70+1.16% vs prior close
254452-WK
Price through Oct 26, 2026 · Flows through Oct 23, 2026. Figures use the latest available records, not a live quote. Fund details retrieved Oct 26, 2026. Holdings snapshot retrieved Oct 26, 2026.
TMF price
Source: Market tape, daily closes; price return, distributions not reinvested
Table
| Date | TMF close |
|---|---|
| Oct 27, 2025 | $43.54 |
| Oct 28, 2025 | $43.87 |
| Oct 29, 2025 | $42.57 |
| Oct 30, 2025 | $41.86 |
| Oct 31, 2025 | $41.41 |
| Nov 3, 2025 | $41.06 |
| Nov 4, 2025 | $41.36 |
| Nov 5, 2025 | $39.94 |
| Nov 6, 2025 | $41.03 |
| Nov 7, 2025 | $40.73 |
| Nov 10, 2025 | $40.65 |
| Nov 11, 2025 | $41.23 |
| Nov 12, 2025 | $41.48 |
| Nov 13, 2025 | $40.44 |
| Nov 14, 2025 | $39.72 |
| Nov 17, 2025 | $40.04 |
| Nov 18, 2025 | $39.92 |
| Nov 19, 2025 | $39.74 |
| Nov 20, 2025 | $40.18 |
| Nov 21, 2025 | $40.44 |
| Nov 24, 2025 | $41.13 |
| Nov 25, 2025 | $41.41 |
| Nov 26, 2025 | $41.95 |
| Nov 28, 2025 | $41.30 |
| Dec 1, 2025 | $39.78 |
| Dec 2, 2025 | $39.86 |
| Dec 3, 2025 | $40.13 |
| Dec 4, 2025 | $39.51 |
| Dec 5, 2025 | $38.92 |
| Dec 8, 2025 | $38.53 |
| Dec 9, 2025 | $38.59 |
| Dec 10, 2025 | $39.00 |
| Dec 11, 2025 | $38.88 |
| Dec 12, 2025 | $37.72 |
| Dec 15, 2025 | $37.80 |
| Dec 16, 2025 | $38.43 |
| Dec 17, 2025 | $38.32 |
| Dec 18, 2025 | $38.82 |
| Dec 19, 2025 | $38.25 |
| Dec 22, 2025 | $38.11 |
| Dec 23, 2025 | $37.83 |
| Dec 24, 2025 | $38.45 |
| Dec 26, 2025 | $38.07 |
| Dec 29, 2025 | $38.45 |
| Dec 30, 2025 | $38.21 |
| Dec 31, 2025 | $37.32 |
| Jan 2, 2026 | $37.10 |
| Jan 5, 2026 | $37.60 |
| Jan 6, 2026 | $37.37 |
| Jan 7, 2026 | $38.03 |
| Jan 8, 2026 | $37.42 |
| Jan 9, 2026 | $38.14 |
| Jan 12, 2026 | $37.79 |
| Jan 13, 2026 | $37.96 |
| Jan 14, 2026 | $38.62 |
| Jan 15, 2026 | $38.61 |
| Jan 16, 2026 | $37.88 |
| Jan 20, 2026 | $36.43 |
| Jan 21, 2026 | $37.26 |
| Jan 22, 2026 | $37.70 |
| Jan 23, 2026 | $37.93 |
| Jan 26, 2026 | $38.47 |
| Jan 27, 2026 | $37.74 |
| Jan 28, 2026 | $37.48 |
| Jan 29, 2026 | $37.51 |
| Jan 30, 2026 | $36.93 |
| Feb 2, 2026 | $36.57 |
| Feb 3, 2026 | $36.78 |
| Feb 4, 2026 | $36.49 |
| Feb 5, 2026 | $37.61 |
| Feb 6, 2026 | $37.66 |
| Feb 9, 2026 | $37.66 |
| Feb 10, 2026 | $38.96 |
| Feb 11, 2026 | $38.30 |
| Feb 12, 2026 | $39.86 |
| Feb 13, 2026 | $40.42 |
| Feb 17, 2026 | $40.71 |
| Feb 18, 2026 | $40.20 |
| Feb 19, 2026 | $40.33 |
| Feb 20, 2026 | $40.01 |
| Feb 23, 2026 | $40.42 |
| Feb 24, 2026 | $40.56 |
| Feb 25, 2026 | $40.61 |
| Feb 26, 2026 | $41.11 |
| Feb 27, 2026 | $41.77 |
| Mar 2, 2026 | $40.53 |
| Mar 3, 2026 | $40.30 |
| Mar 4, 2026 | $39.90 |
| Mar 5, 2026 | $39.45 |
| Mar 6, 2026 | $38.96 |
| Mar 9, 2026 | $39.91 |
| Mar 10, 2026 | $38.71 |
| Mar 11, 2026 | $37.19 |
| Mar 12, 2026 | $36.97 |
| Mar 13, 2026 | $36.40 |
| Mar 16, 2026 | $37.16 |
| Mar 17, 2026 | $37.52 |
| Mar 18, 2026 | $36.86 |
| Mar 19, 2026 | $37.51 |
| Mar 20, 2026 | $35.38 |
| Mar 23, 2026 | $36.01 |
| Mar 24, 2026 | $35.34 |
| Mar 25, 2026 | $36.28 |
| Mar 26, 2026 | $35.42 |
| Mar 27, 2026 | $34.81 |
| Mar 30, 2026 | $36.13 |
| Mar 31, 2026 | $36.06 |
| Apr 1, 2026 | $35.96 |
| Apr 2, 2026 | $36.53 |
| Apr 6, 2026 | $36.39 |
| Apr 7, 2026 | $36.31 |
| Apr 8, 2026 | $36.67 |
| Apr 9, 2026 | $36.41 |
| Apr 10, 2026 | $36.13 |
| Apr 13, 2026 | $36.41 |
| Apr 14, 2026 | $36.96 |
| Apr 15, 2026 | $36.48 |
| Apr 16, 2026 | $35.83 |
| Apr 17, 2026 | $36.69 |
| Apr 20, 2026 | $36.68 |
| Apr 21, 2026 | $36.07 |
| Apr 22, 2026 | $36.28 |
| Apr 23, 2026 | $36.07 |
| Apr 24, 2026 | $36.18 |
| Apr 27, 2026 | $35.69 |
| Apr 28, 2026 | $35.74 |
| Apr 29, 2026 | $34.93 |
| Apr 30, 2026 | $34.82 |
| May 1, 2026 | $35.13 |
| May 4, 2026 | $34.40 |
| May 5, 2026 | $34.88 |
| May 6, 2026 | $35.68 |
| May 7, 2026 | $35.15 |
| May 8, 2026 | $35.59 |
| May 11, 2026 | $34.96 |
| May 12, 2026 | $34.30 |
| May 13, 2026 | $34.05 |
| May 14, 2026 | $34.18 |
| May 15, 2026 | $32.68 |
| May 18, 2026 | $32.52 |
| May 19, 2026 | $31.85 |
| May 20, 2026 | $32.85 |
| May 21, 2026 | $33.22 |
| May 22, 2026 | $33.69 |
| May 26, 2026 | $34.21 |
| May 27, 2026 | $34.44 |
| May 28, 2026 | $34.94 |
| May 29, 2026 | $34.94 |
| Jun 1, 2026 | $35.00 |
| Jun 2, 2026 | $35.22 |
| Jun 3, 2026 | $34.82 |
| Jun 4, 2026 | $35.02 |
| Jun 5, 2026 | $34.47 |
| Jun 8, 2026 | $33.97 |
| Jun 9, 2026 | $34.55 |
| Jun 10, 2026 | $34.19 |
| Jun 11, 2026 | $35.50 |
| Jun 12, 2026 | $35.17 |
| Jun 15, 2026 | $35.17 |
| Jun 16, 2026 | $35.73 |
| Jun 17, 2026 | $35.86 |
| Jun 18, 2026 | $36.36 |
| Jun 22, 2026 | $35.58 |
| Jun 23, 2026 | $35.36 |
| Jun 24, 2026 | $36.74 |
| Jun 25, 2026 | $36.70 |
| Jun 26, 2026 | $36.65 |
| Jun 29, 2026 | $36.75 |
| Jun 30, 2026 | $35.55 |
| Jul 1, 2026 | $34.80 |
| Jul 2, 2026 | $34.78 |
| Jul 6, 2026 | $34.62 |
| Jul 7, 2026 | $33.52 |
| Jul 8, 2026 | $33.31 |
| Jul 9, 2026 | $33.44 |
| Jul 10, 2026 | $33.43 |
| Jul 13, 2026 | $32.81 |
| Jul 14, 2026 | $32.92 |
| Jul 15, 2026 | $33.05 |
| Jul 16, 2026 | $33.04 |
| Jul 17, 2026 | $33.35 |
| Jul 20, 2026 | $32.66 |
| Jul 21, 2026 | $32.33 |
| Jul 22, 2026 | $32.06 |
| Jul 23, 2026 | $31.78 |
| Jul 24, 2026 | $31.85 |
| Jul 27, 2026 | $32.39 |
| Jul 28, 2026 | $32.91 |
| Jul 29, 2026 | $31.31 |
| Jul 30, 2026 | $31.24 |
| Jul 31, 2026 | $30.59 |
| Aug 3, 2026 | $30.88 |
| Aug 4, 2026 | $31.56 |
| Aug 5, 2026 | $31.78 |
| Aug 6, 2026 | $31.22 |
| Aug 7, 2026 | $31.43 |
| Aug 10, 2026 | $30.64 |
| Aug 11, 2026 | $30.81 |
| Aug 12, 2026 | $30.72 |
| Aug 13, 2026 | $31.24 |
| Aug 14, 2026 | $30.59 |
| Aug 17, 2026 | $29.83 |
| Aug 18, 2026 | $30.12 |
| Aug 19, 2026 | $31.59 |
| Aug 20, 2026 | $30.87 |
| Aug 21, 2026 | $30.50 |
| Aug 24, 2026 | $31.08 |
| Aug 25, 2026 | $32.05 |
| Aug 26, 2026 | $31.84 |
| Aug 27, 2026 | $31.64 |
| Aug 28, 2026 | $31.33 |
| Aug 31, 2026 | $30.93 |
| Sep 1, 2026 | $30.55 |
| Sep 2, 2026 | $30.61 |
| Sep 3, 2026 | $30.77 |
| Sep 4, 2026 | $30.88 |
| Sep 8, 2026 | $30.85 |
| Sep 9, 2026 | $30.34 |
| Sep 10, 2026 | $29.30 |
| Sep 11, 2026 | $29.31 |
| Sep 14, 2026 | $29.42 |
| Sep 15, 2026 | $29.16 |
| Sep 16, 2026 | $29.34 |
| Sep 17, 2026 | $30.29 |
| Sep 18, 2026 | $29.64 |
| Sep 21, 2026 | $30.23 |
| Sep 22, 2026 | $29.86 |
| Sep 23, 2026 | $28.44 |
| Sep 24, 2026 | $27.35 |
| Sep 25, 2026 | $27.21 |
| Sep 28, 2026 | $26.49 |
| Sep 29, 2026 | $26.07 |
| Sep 30, 2026 | $25.68 |
| Oct 1, 2026 | $25.82 |
| Oct 2, 2026 | $25.58 |
| Oct 5, 2026 | $25.19 |
| Oct 6, 2026 | $25.36 |
| Oct 7, 2026 | $25.23 |
| Oct 8, 2026 | $25.90 |
| Oct 9, 2026 | $25.99 |
| Oct 12, 2026 | $26.08 |
| Oct 13, 2026 | $26.38 |
| Oct 14, 2026 | $26.89 |
| Oct 15, 2026 | $28.00 |
| Oct 16, 2026 | $28.04 |
| Oct 19, 2026 | $27.43 |
| Oct 20, 2026 | $28.09 |
| Oct 21, 2026 | $28.22 |
| Oct 22, 2026 | $29.78 |
| Oct 23, 2026 | $29.36 |
| Oct 26, 2026 | $29.70 |
Price history on file begins Oct 27, 2025, so 5Y shows all of it.
Monthly net flows, 5Y
Net outflow over the range: −$1.9B
- Inflow / above zero
- Outflow / below zero
Source: Daily creation and redemption records
Show as table
| Label | Value ($) |
|---|---|
| Aug ’24 | $8.6M |
| Sep ’24 | $3.4M |
| Oct ’24 | $537.3M |
| Nov ’24 | $462.9M |
| Dec ’24 | −$341.6M |
| Jan ’25 | $206.3M |
| Feb ’25 | −$435.4M |
| Mar ’25 | −$215.9M |
| Apr ’25 | −$201.9M |
| May ’25 | $543.8M |
| Jun ’25 | −$133.9M |
| Jul ’25 | $303.1M |
| Aug ’25 | −$137.5M |
| Sep ’25 | −$692.5M |
| Oct ’25 | −$282.3M |
| Nov ’25 | −$85.5M |
| Dec ’25 | −$102.9M |
| Jan ’26 | −$411.1M |
| Feb ’26 | −$543.8M |
| Mar ’26 | $127.6M |
| Apr ’26 | −$192.2M |
| May ’26 | −$109.3M |
| Jun ’26 | −$379.6M |
| Jul ’26 | $211M |
| Aug ’26 | $16.4M |
| Sep ’26 | $149.6M |
| Oct ’26 | −$247.7M |
The desk’s read
Money is leaving — −$214M in net outflows over the past month, about 10.7% of the fund's asset base, while the price has returned -20.4% so far this year.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$2Bassets under management
—expense ratio
−$214Mnet flow, trailing month
9.2Mavg daily volume, 30 days
2holdings · US-domiciled
2023listed October 14, 2023 · beta 0.64
Sector weights
- Other78.82%
- Cash & Others78.69%
- ETF75.2%
- Cash24.8%
- Financial Services21.31%
Source: Portfolio composition, latest disclosure
Show as table
| Item | Value (%) |
|---|---|
| Other | 78.82% |
| Cash & Others | 78.69% |
| ETF | 75.2% |
| Cash | 24.8% |
| Financial Services | 21.31% |
Country weights
- Other79.56%
- United States20.44%
Source: Portfolio composition, latest disclosure
Show as table
| Item | Value (%) |
|---|---|
| Other | 79.56% |
| United States | 20.44% |
Performance
| 1 week | +5.7% |
| 1 month | +9.2% |
| 3 months | -6.8% |
| 6 months | -17.9% |
| YTD | -20.4% |
| 1 year | — |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | −$89M |
| 1 month | −$214M |
| 3 months | −$150M |
| YTD | −$1.4B |
| 1 year | −$1.6B |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
Monthly net flows
- Inflow / above zero
- Outflow / below zero
Source: Daily creation/redemption records, trailing twelve months
Show as table
| Label | Value ($) |
|---|---|
| Nov | −$85.5M |
| Dec | −$102.9M |
| Jan | −$411.1M |
| Feb | −$543.8M |
| Mar | $127.6M |
| Apr | −$192.2M |
| May | −$109.3M |
| Jun | −$379.6M |
| Jul | $211M |
| Aug | $16.4M |
| Sep | $149.6M |
| Oct | −$247.7M |
The risk read
31%realized volatility, 30 days (annualized)
28%realized volatility, 1 year
-42.6%deepest fall from a peak, 1 year
-32.3%latest close versus that peak
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Options tape
4Kcalls · latest snapshot
4Kputs · latest snapshot
1.26put/call ratio
3.1Mshares traded
The case against TMF
Due diligence cuts both ways. These funds sit on the same shelf and beat TMF on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| SGOV iShares 0-3 Month Treasury Bond ETF | 0.07% | $113.5B | +$6.2B | 57× the assets · +$6.2B in over the month | Head-to-head |
| BIL State Street SPDR Bloomberg 1-3 Month T-Bill ETF | 0.14% | $50.8B | +$1.2B | 25× the assets · +$1.2B in over the month | Head-to-head |
| TLT iShares 20+ Year Treasury Bond ETF | 0.15% | $47.5B | +$456M | 24× the assets · +$456M in over the month | Head-to-head |
| SHY iShares 1-3 Year Treasury Bond ETF | 0.15% | $26.6B | +$1.1B | 13× the assets · +$1.1B in over the month | Head-to-head |
| SHV iShares Short Treasury Bond ETF | 0.15% | $23.5B | +$586M | 12× the assets · +$586M in over the month | Head-to-head |