Direxion Daily 7-10 Year Treasury Bull 3X ETF (TYD)
Direxion Daily 7-10 Year Treasury Bull 3X ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $22.74, up 0.26% on the session, giving a market capitalisation of $34.7M. Its beta of 3.48 implies it has historically moved more than the broad market.
Direxion's Daily 7-10 Year Treasury Bull & Bear 3X ETFs are designed to provide daily returns, before any fees or expenses, that are three times (300%) the performance of the ICE U.S. Treasury 7-10 Year Bond Index. Alternatively, for the "bear" version, they aim for three times the inverse (opposite) of that index's daily performance. However, there is no assurance that these funds will successfully achieve their intended investment goals.
Direxion Daily 7-10 Year Treasury Bull 3X ETF is most often compared with the following Financial Services names: