---
ticker: "TMF"
name: "Direxion Daily 20+ Year Treasury Bull 3X ETF"
url: "https://etf.net/etf/TMF"
grade: "C"
score: 53
graded_at: "2026-10-12"
category: "3x Leveraged Long"
category_rank: "11 of 31"
methodology: "https://etf.net/methodology"
---

# TMF: Direxion Daily 20+ Year Treasury Bull 3X ETF

Grade **C**, Score 53 of 100. Rank 11 of 31 in 3x Leveraged Long.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 42 | 18 of 31 |
| Mission | Not scored | — |
| Risk | 46 | 17 of 30 |
| Tradability | 81 | 3 of 31 |
| Holdings | 100 | 1 of 3 |
| Durability | 66 | 5 of 31 |

## Top holdings

The fund holds 14 positions. These are the largest 14, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | TLT | Ishares 20+ Year Treasury Bd | 18.81% |
| 2 | — | Tlt Swap Asset Leg (Tltjpl) | 10.48% |
| 3 | — | Tlt Swap Asset Leg (Tltmll) | 9.99% |
| 4 | — | Tlt Swap Asset Leg (Tltgsl) | 9.19% |
| 5 | — | Tlt Swap Asset Leg (Tltbpl) | 8.85% |
| 6 | — | Tlt Swap Asset Leg (Tltbcl) | 8.80% |
| 7 | — | Tlt Swap Asset Leg (Tltctl) | 7.63% |
| 8 | — | Tlt Swap Asset Leg (Tltubl) | 5.75% |
| 9 | — | Tlt Swap Asset Leg (Tltnml) | 4.73% |
| 10 | — | Dreyfus Govt Cash Man Ins | 4.72% |
| 11 | — | Goldman Finl Sq Trsry Inst 506 | 3.82% |
| 12 | — | Jp Morgan 100 Us Trsy Capital 3163 | 3.21% |
| 13 | — | Dreyfus Trsry Securities Cash Mgmt | 3.06% |
| 14 | — | Goldman Sachs Fin Gov 465 Institut | 0.97% |

Source: etf.net, https://etf.net/etf/TMF. Please cite the page URL.