Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) Dividend Yield, History & Forecast

Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) is an exchange-traded fund (ETF) listed on the New York Stock Exchange Arca. It pays a current dividend yield of 2.18% ($0.96 per share annually (TTM)). The most recent ex-dividend date was June 23, 2026, with payment scheduled for June 30, 2026. market capitalization is approximately $201M. Review TMV dividend history on this scorecard, compare peers in the Compare Dividend Returns tool, or project income with the dividend calculator.

TMV fund composition

TMV holds 10 positions. It charges an expense ratio of 0.97%, and manages $212.1M.

Sector allocation

Cash & Others100.0%

Frequently Asked Questions about Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV)

What is Direxion Daily 20+ Year Treasury Bear 3X ETF's dividend yield?
Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) pays a current trailing twelve-month dividend yield of 2.18%, which works out to $0.96 per share annually based on the most recent payout schedule.
When does Direxion Daily 20+ Year Treasury Bear 3X ETF pay distributions?
The most recent ex-dividend date was June 23, 2026. The next scheduled dividend payment date is June 30, 2026.
What does Direxion Daily 20+ Year Treasury Bear 3X ETF invest in?
TMV provides daily inverse (-3x) exposure to the ICE U.S. Treasury 20+ Year Bond Index. Using a combination of swaps and futures, TMV gives investors -3x exposure to daily moves in T-bonds with more than 20 years left to maturity. The daily reset means investors shouldn't expect the leverage factor to hold constant over investment horizons greater than one day. In short, the fund is a valid option for tactical positioning/hedging against rising interest rates, but it's important to keep in mind that the -3x leverage results in greater impact from the effects of compounding. As a levered...