Direxion Daily 7-10 Year Treasury Bear 3X ETF (TYO)
Direxion Daily 7-10 Year Treasury Bear 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 $14.63, down 0.03% on the session, giving a market capitalisation of $11.8M. Its beta of -3.52 implies it has historically moved less than the broad market.
These Direxion Daily 7-10 Year Treasury Bull & Bear 3X Exchange Traded Funds (ETFs) aim to generate daily investment outcomes that mirror either triple (300%) the daily performance of the ICE U.S. Treasury 7-10 Year Bond Index, or triple (300%) the opposite (inverse) of that index's daily performance, prior to the deduction of fees and expenses. Investors should be aware that there is no guarantee these funds will consistently achieve their targeted daily investment goals.
Direxion Daily 7-10 Year Treasury Bear 3X ETF is most often compared with the following Financial Services names: