Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, the Direxion Daily 7-10 Year Treasury Bull 3x Shares ETF (NYSE: TYD ) has received the dreaded one-star ranking.
With that in mind, let's take a closer look at Direxion Daily 7-10 Year and see what CAPS investors are saying about the ETF right now.
Direxion Daily 7-10 Year facts
|Total Net Assets||$4.1 million|
|Investment Approach||Seeks daily investment results of 300% of the performance of the NYSE 7-10 Year Treasury Bond Index. Bonds eligible for inclusion must be: U.S. Treasury Bonds; bullet or callable issues with fixed coupon payments; denominated in U.S. dollars; and have a maturity of 7-10 years at issuance.|
|Year-to-Date / 1-Year / 3-Year Returns||6% / 10.5% / 22.2%|
|Alternatives||ProShares Ultra 7-10 Year Treasury
Direxion Daily 20+ Year Treasury Bull 3x
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 91% of the 152 members who have rated Direxion Daily 7-10 Year believe the ETF will underperform the S&P 500 going forward.
In 1986, Sammy Hagar thought that he could have the "Best of Both Worlds." With this ETF, you can have the worst of both worlds -- the volatility induced degradation of a leveraged ETF, combined with the crappy yield of a bond fund. We'll throw in [a 0.95% expense ratio] for free!
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