See what your fund actually adds
Direxion Daily 20-Year Treasury Bear 3X TMV
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | TMV | Replication |
|---|---|---|
| Annualized growth | 22.5% | 4.0% |
| Annualized volatility | 45.8% | 0.3% |
| Sharpe ratio | 0.67 | 15.03 |
| Maximum drawdown | 50.7% | 0.0% |
| Replication fit (R²) | 0.00 · Tracking error 45.8% | |
Replication portfolio
The published portfolio below is the investable basket used to model TMV’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| USFR | FI · Floating Rate Notes | 100.0% |