About Direxion Daily 20+ Year Treasury Bear 3X Shares (TMV)

Direxion Daily 20+ Year Treasury Bear 3X Shares (TMV) is an exchange-traded fund (ETF) that seeks to provide a daily inverse (opposite) performance of the ICE U.S. Treasury 20+ Year Bond Index. TMV uses leverage to provide investors with 3 times the inverse return of the index. This means that if the index declines by 1%, TMV is designed to increase by 3%. Since TMV is a leveraged fund, it is intended for short-term trading and not suitable for long-term investing.

The price history of TMV can be quite volatile due to its daily leverage and inverse exposure. It is important for investors to understand the risks involved before investing in TMV. The price of TMV can be affected by changes in interest rates, investor sentiment, and market conditions. It is not intended to be a long-term investment option and should be used with caution.