TYD ETF — Direxion Daily 7-10 Year Treasury Bull 3X Shares

Direxion Daily 7-10 Year Treasury Bull 3X Shares (TYD)

Updated October 16, 2026.

TYD is an ETF linked to 7-10 Year Treasury. its distribution rate is 4.74%, its trailing-12-month yield is 3.93%, its expense ratio is 1.07%. Dividend Vision Distribution Safety Score™ is 42/100 (Caution). Total return is 8.0% over the past 17.5 years, 1096.1 points behind SPY at 1104.1%.

Direxion Daily 7-10 Year Treasury Bull 3X Shares is an ETF that seeks three times daily leveraged exposure to U.S. Treasury securities with remaining maturities between seven and ten years, using swap agreements, index securities, and related ETFs to achieve its objective. The fund carries a modest current distribution rate paid quarterly and has an expense ratio of 1.07%. It appeals to tactical traders and income-focused investors seeking amplified exposure to intermediate-term Treasury price movements, though the daily rebalancing mechanism and leverage create risks unsuitable for buy-and-hold strategies.

TYD performance versus SPY

Price and return data through 2026-10-16.

Total return is 8.0% over the past 17.5 years, 1096.1 points behind SPY at 1104.1%. Over the past year its total return — price change plus distributions reinvested — is -19.6%. Its deepest 1-year drawdown was 24.0%.

TYD key facts

Distribution Safety Score™

42 · Caution

Safety-Adjusted Yield

1.99%

Issuer

Direxion

Asset type

ETF

Asset class

Fixed Income

Inception date

04/16/2009

Expense ratio

1.07%

Distribution rate

4.74%

Distribution frequency

Quarterly

Trailing yield

3.93%

Last close

$20.74 (as of 2026-10-16)

AUM

$27,084,479

Average volume

28596.0

Dividend

$0.246

Ex-dividend date

09/22/2026

Payment date

09/29/2026

Beta

3.49

How Dividend Vision calculates yield and returns

Distribution rate (4.74%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.93%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Direxion; Index: 7-10 Year Treasury; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

TYD risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 24.0%.

Who may consider TYD — and who may not

TYD may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (TYD pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on TYD

• All tickers starting with T

Tagged: Leverage, Treasury.

Frequently asked questions

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