TMF vs VTI
Direxion Daily 20+ Year Treasury Bull 3X ETF vs Vanguard Total Stock Market ETF
Quick Verdict
VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.
Side-by-Side Comparison
| Metric | TMF | VTI | Winner |
|---|---|---|---|
| Expense Ratio | 0.90% | 0.03% | |
| AUM | $2.3B | $663.5B | |
| Dividend Yield | 4.08% | 1.07% | |
| Holdings | 14 | 3,543 | |
| YTD Return | -16.04% | +14.16% | |
| 1Y Return | -16.79% | +23.62% | |
| 3Y Return (annualized) | -18.37% | +21.43% | |
| 5Y Return (annualized) | -34.13% | +12.33% | |
| Volatility (annualized) | 40.7% | 15.3% | |
| Max Drawdown | -93.3% | -56.6% | |
| Fund Family | Direxion Shares ETF Trust | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Apr 16, 2009 | May 24, 2001 |
TMF vs VTI Performance
Direxion Daily 20+ Year Treasury Bull 3X ETF (TMF) is a ETF from Direxion Shares ETF Trust and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year TMF returned -16.79% while VTI returned +23.62%. Year to date, TMF is down 16.04% versus a gain of 14.16% for VTI.
Over three years, TMF compounded at -18.37% per year against +21.43% for VTI; over five years the annualized figures are -34.13% and +12.33% respectively. Across the full 17-year window we track, VTI has the edge at +8.14% annualized vs -7.98%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TMF has been the more volatile fund, with annualized monthly volatility of 40.7% compared with 15.3% for VTI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -93.3% for TMF and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at -0.10. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
TMF charges 0.90% per year while VTI charges 0.03%. On a $10,000 position that is $90 vs $3 annually, a gap of $87 per year that compounds over a long holding period. On income, TMF currently yields 4.08% against 1.07% for VTI.
Holdings Overlap
TMF and VTI share 0 holdings out of 2788 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, TMF or VTI?
TMF has an expense ratio of 0.90% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $87 per year of difference.
Which performed better, TMF or VTI?
Over the past year TMF returned -16.79% vs +23.62% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (17 years), TMF annualized -7.98% vs +8.14% for VTI. Past performance does not guarantee future results.
Which is riskier, TMF or VTI?
TMF has been the more volatile fund at 40.7% annualized versus 15.3% for VTI. Worst drawdown: TMF -93.3% vs VTI -56.6%.
Should I hold both TMF and VTI?
TMF and VTI have a monthly-return correlation of -0.10, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between TMF and VTI?
TMF and VTI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 2788 unique securities.
Which pays a higher dividend, TMF or VTI?
TMF yields 4.08% while VTI yields 1.07%, so TMF currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.