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

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

TYD is an ETF that tracks the 7-10 Year Treasury. As of August 19, 2026, its distribution rate is 3.47%, its trailing-12-month yield is 3.39%, its expense ratio is 1.07%. Dividend Vision Distribution Safety Score™ is 50/100 (Caution). Fund total return is 16.8% over the past 17.3 years, 1090.9 points behind SPY at 1107.7%.

At the current 3.47% distribution rate, a $10,000 investment would generate approximately $347 per year, or $28.92 per month on an equivalent basis. Actual quarterly payments vary.

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

Data as of August 19, 2026.

Fund total return is 16.8% over the past 17.3 years, 1090.9 points behind SPY at 1107.7%. Its deepest 1-year drawdown was 14.4%.

TYD key facts

Data as of August 19, 2026.

Distribution Safety Score™

50 · Caution

Safety-Adjusted Yield

1.74%

Issuer

Direxion

Asset type

ETF

Asset class

Fixed Income

Inception date

04/16/2009

Expense ratio

1.07%

Distribution rate

3.47%

Distribution frequency

Quarterly

Trailing yield

3.39%

Last close

$22.69

AUM

$30,765,342

Average volume

6315.0

Last dividend

$0.1970

Ex-dividend date

06/23/2026

Payment date

06/30/2026

Beta

3.46

How Dividend Vision calculates yield and returns

Distribution rate (3.47%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (3.39%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

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

TYD's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. 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 14.4%.

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.

Frequently asked questions

More funds from Direxion.