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TMFvsUBTETF Comparison

ETF 1
TMF

Direxion Daily 20+ Year Treasury Bull 3X Shares ETF - USD

This fund is part of
Leveraged Fixed Income
-1.5%
VS
ETF 2
UBT

ProShares Ultra 20+ YEAR TREASURY ETF

This fund is part of
Leveraged Fixed Income
-1.5%

The ETFs Direxion Daily 20+ Year Treasury Bull 3X Shares ETF - USD (TMF) and ProShares Ultra 20+ YEAR TREASURY ETF (UBT) track the ICE U.S. Treasury 20+ Year Total Return Index - USD and belong to the same industry segment: Leveraged Fixed Income. TMF is more expensive with a Total Expense Ratio (TER) of 1.01%, versus 0.97% for UBT. TMF is down -19.02% year-to-date (YTD) with -$1.39B in YTD flows. UBT performs better with -11.83% YTD performance, and -$12M in YTD flows. Run a side-by-side ETF comparison of TMF and UBT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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TMF vs UBT performance and flow charts

Performance

-10.0-5.00.05.0%Sep 23Sep 30Oct 7Oct 14Oct 21

Cumulative Flows

-100 M0 M100 M200 M300 MSep 23Sep 30Oct 7Oct 14Oct 21

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 10/23/2026
1M3MYTD1Y3Y5Y
Perf.
TMF
UBT
+3.23%+2.46%
-6.50%-3.49%
-19.02%-11.83%
-29.19%-18.46%
-19.98%-2.28%
-87.04%-68.03%
Flows
TMF
UBT
-$117M+$12M
-$104M+$14M
-$1.39B-$12M
-$1.63B-$22M
+$1.11B+$24M
+$4.92B+$95M
Volatility and drawdown
3M1Y3Y5Y
Volatility
TMF
UBT
+33.20%+22.40%
+28.48%+18.95%
+38.69%+25.57%
+46.89%+30.88%
Max drawdown
TMF
UBT
-22.59%-15.12%
-40.24%-27.31%
-58.86%-38.78%
-90.93%-74.93%
Max drawdown duration
TMF
UBT
87d87d
360d360d
1031d767d
1783d1783d
Trading data

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TMF
UBT
Last sale
10/23/2026 at 1:30 PM
$29.36
$14.53
Previous close
10/22/2026
$29.78
$14.64
Consolidated volume
10/22/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of October 25, 2026
1-year trailing difference

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TMF
UBT
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 10/23/2026 at 1:30 PM
Live
Closed
TMF
UBT
Last price
$29.36
$14.53
1D performance
-1.41%
-0.75%
AuM$1.99 B$70.72 M
E/R1.01%0.97%
Characteristics
TMF
UBT
Management strategyPassivePassive
ProviderDirexionProShares
BenchmarkICE U.S. Treasury 20+ Year IndexICE U.S. Treasury 20+ Year Index
N° of holdings--
Asset classBondsBonds
Trailing 12m distribution yield
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Inception dateApril 16, 2009January 19, 2010
ESGNoNo
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Exposure

Exposure data will be available soon

Frequently asked questions about TMF and UBT

How have the TMF and UBT ETFs performed in 2026?

As of October 23, 2026, TMF is down -19.02% year-to-date (YTD), while UBT has lost -11.83%. That puts UBT better performer ahead so far this year.

Which ETF is attracting more investor money: TMF or UBT?

Year-to-date, the TMF ETF saw -$1.39B in flows, compared to -$12M for UBT.

Which ETF is more volatile: TMF or UBT?

Over the past year, TMF had a volatility of 28.48%, while UBT experienced 18.95%.

Which ETF is bigger: TMF or UBT?

As of October 23, 2026, TMF holds $1.99 B in assets under management (AUM), while UBT manages $70.72 M.

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