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TMV

39.90000 USD
1.69
4.42%
Last update Jul 11, 3:59 PM EDT
Market closed
Day range
39.23000
40.040001
Previous close
38.21000
Open
39.29000
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Direxion Daily 20+ Year Treasury Bear 3X Shar...
39.90
1.69
4.42%

Overview

Description

Direxion Daily 20+ Year Treasury Bear 3X Shares is an exchange-traded fund (ETF) designed to provide investors with leveraged inverse exposure to the performance of the ICE U.S. Treasury 20+ Year Bond Index. This financial asset seeks to achieve a daily return that is 300% of the inverse of the daily performance of its underlying index. The primary purpose of this ETF is to allow investors to hedge against or speculate on declining long-term Treasury bond prices. A notable feature of this fund is its high volatility, as it aims to deliver three times the inverse performance, making it suitable primarily for short-term tactical trading. The ETF primarily impacts fixed income sectors, offering unique strategies for those looking to capitalize on falling bond prices tied to interest rate movements. In the financial markets, Direxion Daily 20+ Year Treasury Bear 3X Shares plays a role in risk management and speculative strategies, particularly among investors anticipating rising interest rates or deteriorating market conditions for long-term bonds.

About

Address
Phone
866-476-7523
Website
Instrument type
ETF
Country
United States
MIC code
ARCX
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 7 hours 1 minute

20:58
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).