TYO

Direxion Daily 7-10 Year Treasury Bear 3X Shares (based on the NYSE 7-10 Year Treasury Bond Index; symbol AXSVTN)

$13.17

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Direxion Daily 7-10 Year Treasury Bear 3X Shares (TYO) seeks to provide 3 times the inverse (or opposite) of the daily performance of the NYSE 7-10 Year Treasury Bond Index.

Overview

ETF tracking Direxion Daily 7-10 Year Treasury Bear 3X Shares (based on the NYSE 7-10 Year Treasury Bond Index; symbol AXSVTN)

Category Leveraged

Issuer Other

Inception Date 2009-04-16

Market Cap $9.9M

Average Volume N/A

Dividend Yield 3.76%

52-Week Range $12.65 - $15.60

VWAP $13.12

Performance

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Investment Summary

📎 Investment Objective

The Direxion Daily 7-10 Year Treasury Bear 3X Shares (TYO) seeks to provide 3 times the inverse (or opposite) of the daily performance of the NYSE 7-10 Year Treasury Bond Index.

🎯 Investment Strategy

The fund uses financial instruments, such as futures contracts and swaps, to achieve its investment objective. It aims to generate returns that correspond to 3 times the inverse of the daily performance of the underlying index.

✨ Key Features

Provides 3 times the inverse daily performance of the NYSE 7-10 Year Treasury Bond Index
Designed for short-term, speculative trading and not for long-term investment
Utilizes leveraged investment techniques that can magnify gains and losses
Has not yet accumulated any assets under management

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for increased volatility and larger losses compared to the underlying index
Tracking error risk, as the fund may not perfectly match the inverse 3x performance of the index
Liquidity risk due to the lack of assets under management

👤 Best For

This ETF is designed for experienced, risk-tolerant investors who seek to speculate on or hedge against short-term declines in the 7-10 year Treasury bond market. It is not suitable for long-term investors or those with a low risk tolerance.