# Direxion Daily 20+ Year Treasury Bull 3X Shares (TMF)

> Source: Nexqual · https://nexqual.com/TMF · data as of 2026-10-23 16:17 UTC · cite as "Nexqual, Direxion Daily 20+ Year Treasury Bull 3X Shares (TMF), nexqual.com/TMF" · informational, not investment advice.

**Price:** USD 29.53 (-0.86% today) · US market open, as of October 23, 2026 at 16:17 UTC; quotes may be delayed. Prev close 29.78 · day 29.36–29.84 · 52w 24.52–44.13 · market cap null · PCX

## Key facts
- Total return with dividends: 1Y -28.8% vs S&P 500 +14.7%; 5Y -87.9% vs S&P 500 +77.5%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -28.8% | -87.9% |
| S&P 500 (SPY) | +14.7% | +77.5% |
| Per year | -28.8% | -34.5% |
| Volatility (annualized) | 28.1% | 43.8% |
| Max drawdown | -40.2% (Oct 2025→Oct 2026) | -90.8% (Nov 2021→Sep 2026) |

## Peers
TMV (Direxion Daily 20-Year Treasury) USD 43.22 +0.91% · TYD (Direxion Daily 10-Yr Treasury B) USD 21.11 -0.52% · YINN (Direxion Daily FTSE China Bull ) USD 21.15 -1.02% · UPRO (ProShares UltraPro S&P 500) USD 145.54 -0.68% · DRN (Direxion Daily Real Estate Bull) USD 9.25 +0.43%

## More
Full page: https://nexqual.com/TMF · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-10-30 | 7 | 40.7% | ±4.9% |
| 2026-11-06 | 14 | 46.3% | ±7.6% |
| 2026-11-13 | 21 | 42.7% | ±8.4% |
| 2026-11-20 | 28 | 42.3% | ±9.6% |
| 2026-11-27 | 35 | 43.0% | ±10.8% |
| 2026-12-04 | 42 | 39.3% | ±10.8% |
| 2026-12-18 | 56 | 40.8% | ±12.9% |
| 2027-01-15 | 84 | 41.9% | ±16.2% |