Direxion Daily 7-10 Year Treasury Bull 3X Shares (TYD) Performance
TYD total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −14.9% since Dec 31, 2025
- 1 year
- −17.6% total return
- 5 years
- −14.2% a year
- 10 years
- −5.9% a year
- Since first price
- +0.5% a year since 2009
TYD trailing returns vs AGG, TLT, SPY
| Period | TYD total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +2.8% | +2.8% | +0.9% | +1.5% | −1.0% |
| 3 months | −5.4% | −6.5% | −0.4% | −1.0% | +3.2% |
| 6 months | −12.4% | −14.1% | −1.5% | −3.8% | +7.8% |
| YTD | −14.9% | −17.0% | −1.0% | −3.4% | +12.3% |
| 1 year | −17.6% | −20.4% | −1.1% | −6.9% | +14.4% |
| 3 years | +0.8%+0.3%/yr | −8.2% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | −53.5%−14.2%/yr | −58.6% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| 10 years | −45.5%−5.9%/yr | −59.5% | +14.0%+1.3%/yr | −18.7%−2.0%/yr | +315.9%+15.3%/yr |
| 15 years | −18.6%−1.4%/yr | −41.9% | +32.2%+1.9%/yr | +9.9%+0.6%/yr | +696.0%+14.8%/yr |
| Since inceptionApr 16, 2009 | +9.8%+0.5%/yr | −28.9% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: TYD vs AGG
From Apr 16, 2009: TYD grew to $10,985, AGG to $15,638.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TYD returns by calendar year
11 of 16 full years positive. Best 2011 (+51.6%), worst 2022 (−43.3%). 2026 is year to date.
TYD annual returns table
| Year | TYD | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −14.9% | −24.0% | −1.0% | −3.4% | +12.3% |
| 2025 | +11.7% | −11.0% | +7.2% | +4.3% | +17.7% |
| 2024 | −13.9% | −19.7% | +1.3% | −8.1% | +24.9% |
| 2023 | −2.8% | −32.3% | +5.7% | +2.8% | +26.2% |
| 2022 | −43.3% | −46.5% | −13.0% | −31.2% | −18.2% |
| 2021 | −11.4% | −16.6% | −1.8% | −4.6% | +28.7% |
| 2020 | +27.6% | −14.9% | +7.5% | +18.2% | +18.3% |
| 2019 | +17.9% | −10.7% | +8.5% | +14.1% | +31.2% |
| 2018 | +0.8% | −13.6% | +0.1% | −1.6% | −4.6% |
| 2017 | +5.6% | −8.5% | +3.6% | +9.2% | +21.7% |
| 2016 | +0.6% | −23.3% | +2.4% | +1.2% | +12.0% |
| 2015 | +2.2% | −15.9% | +0.5% | −1.8% | +1.2% |
| 2014 | +25.6% | −15.7% | +6.0% | +27.3% | +13.5% |
| 2013 | −18.4% | −25.0% | −2.0% | −13.4% | +32.3% |
| 2012 | +10.2% | −11.2% | +3.8% | +2.6% | +16.0% |
| 2011 | +51.6% | −13.1% | +7.7% | +34.0% | +1.9% |
| 2010 | +23.4% | −20.6% | +6.4% | +9.0% | +15.1% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
TYD largest drawdowns
Now 63.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 4, 2020 | −65.3% | Oct 5, 2026 | not yet | 6.2 years | 6.2 years so far |
| Jul 5, 2016 | −28.0% | Oct 8, 2018 | Aug 1, 2019 | 2.3 years | 3.1 years |
| May 2, 2013 | −25.0% | Sep 5, 2013 | Dec 12, 2014 | 4 months | 1.6 years |
| Apr 16, 2009 | −25.0% | Jun 10, 2009 | Jun 29, 2010 | 55 days | 1.2 years |
| Oct 11, 2010 | −22.9% | Feb 8, 2011 | Jul 29, 2011 | 4 months | 10 months |
| Feb 2, 2015 | −15.9% | Jun 10, 2015 | Feb 2, 2016 | 4 months | 1.0 years |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
TYD risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2009 |
|---|---|---|---|---|
| Annualized return | −3.7% | −15.8% | −6.8% | +0.6% |
| Volatility (annualized) | 19.7% | 22.4% | 19.6% | 19.7% |
| Sharpe ratio | -0.32 | -0.81 | -0.38 | 0.07 |
| Sortino ratio | -0.42 | -0.97 | -0.49 | 0.10 |
| Best month | +12.5% | +12.5% | +12.5% | +16.0% |
| Worst month | −10.6% | −14.2% | −14.2% | −14.2% |
| Best 12 months | +18.6% | +18.6% | +51.1% | +55.4% |
| Worst 12 months | −20.0% | −45.0% | −45.0% | −45.0% |
| Positive months | 53% | 43% | 45% | 49% |
| Beta vs S&P 500 | 0.64 | 0.75 | 0.21 | — |
| Correlation with S&P 500 | 0.40 | 0.53 | 0.16 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
TYD rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 199 | −45.0% | +3.3% | +55.4% | 55% |
| 3-year (a year) | 175 | −26.8% | +4.1% | +27.3% | 61% |
| 5-year (a year) | 151 | −16.0% | +3.2% | +17.8% | 64% |
| 10-year (a year) | 91 | −6.8% | −0.7% | +13.6% | 45% |
Every holding period starting at a month-end since 2009. Returns for 3 years and longer are annualized.
TYD performance overview
Direxion Daily 7-10 Year Treasury Bull 3X Shares (TYD) returned −17.6% over the past year and −5.9% a year over ten years, with distributions reinvested. Since its first recorded price in 2009 it has returned +0.5% a year, turning $10,000 into about $10,985. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −65.3%, from Aug 4, 2020 to Oct 5, 2026; the fund has not yet regained that high. TYD finished 11 of its 16 full calendar years with a gain; the best year was 2011 (+51.6%) and the worst 2022 (−43.3%). Volatility has been 19.7% a year.
Related: TYD chart, TYD dividends, TYD bond profile. See the TYD overview for the latest quote and fund facts.
TYD performance FAQ
What is the TYD return over the past year?
TYD returned −17.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 20.4%.
What is the average annual return of TYD?
TYD has returned −14.2% a year over 5 years, −5.9% a year over 10 years, +0.5% a year since April 16, 2009 (total return, distributions reinvested).
How much would $10,000 invested in TYD be worth?
$10,000 invested in TYD at its first recorded close on April 16, 2009 would be worth about $10,985 on October 23, 2026 with distributions reinvested.
What was the worst year for TYD?
The worst calendar year was 2022, with a total return of −43.3%. The best was 2011 at +51.6%.
What is the biggest drawdown of TYD?
The largest peak-to-trough decline was −65.3% between August 4, 2020 and October 5, 2026. It has not yet recovered to that high; it is 63.0% below its peak.
How volatile is TYD?
Over the past 3 years TYD had an annualized volatility of 19.7% and a Sharpe ratio of -0.32 (excess return over 1–3 month T-bills per unit of risk).