Direxion Daily 7-10 Year Treasury Bear 3x Shares ETF (TYO)

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Fund Description

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the NYSE 7-10 Year Treasury Bond Index. The fund creates short positions by investing at least 80% of its assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index is a multi-security index that includes all qualified U.S. Treasury bonds. It is non-diversified.

Fund Snapshot Updated 05.20.2013

Previous Close $22.52 Expense Ratio 0.95%
YTD Return 2.1% Avg. 30-Day Volume 9,499
1-Year Return 9.7% Market Cap Loading...
Bid $22.51 Shares Outstanding 2,250,000
Ask $22.54 Dividends $0.00
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