TMF vs VXUS

Quick Verdict

VXUS has a lower expense ratio. VXUS delivered stronger 1-year returns. VXUS offers more diversification with 7861 holdings.

Lower Fees: VXUSHigher Returns: VXUSMore Diversified: VXUS

Side-by-Side Comparison

MetricTMFVXUSWinner
Expense Ratio0.90%0.05%
AUM$2.3B$156.5B
Dividend Yield4.08%2.60%
Holdings148,747
YTD Return-13.88%+14.57%
1Y Return-15.75%+27.82%
3Y Return (annualized)-18.84%+19.27%
5Y Return (annualized)-34.00%+9.28%
Volatility (annualized)40.7%15.1%
Max Drawdown-93.3%-39.9%
Fund FamilyDirexion Shares ETF TrustVanguard (US)
CategoryAlternativeEquity
InceptionApr 16, 2009Jan 26, 2011

TMF vs VXUS Performance

Direxion Daily 20+ Year Treasury Bull 3X ETF (TMF) is a ETF from Direxion Shares ETF Trust and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year TMF returned -15.75% while VXUS returned +27.82%. Year to date, TMF is down 13.88% versus a gain of 14.57% for VXUS.

Over three years, TMF compounded at -18.84% per year against +19.27% for VXUS; over five years the annualized figures are -34.00% and +9.28% respectively. Across the full 16-year window we track, VXUS has the edge at +4.86% annualized vs -7.85%. 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 15.1% for VXUS. 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 -39.9% for VXUS. 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 -0.02. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

TMF charges 0.90% per year while VXUS charges 0.05%. On a $10,000 position that is $90 vs $5 annually, a gap of $85 per year that compounds over a long holding period. On income, TMF currently yields 4.08% against 2.60% for VXUS.

Holdings Overlap

0.0%overlap

TMF and VXUS share 0 holdings out of 7866 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 VXUS?

TMF has an expense ratio of 0.90% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $85 per year of difference.

Which performed better, TMF or VXUS?

Over the past year TMF returned -15.75% vs +27.82% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (16 years), TMF annualized -7.85% vs +4.86% for VXUS. Past performance does not guarantee future results.

Which is riskier, TMF or VXUS?

TMF has been the more volatile fund at 40.7% annualized versus 15.1% for VXUS. Worst drawdown: TMF -93.3% vs VXUS -39.9%.

Should I hold both TMF and VXUS?

TMF and VXUS have a monthly-return correlation of -0.02, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between TMF and VXUS?

TMF and VXUS share 0 common holdings with a 0.0% weight overlap. Combined, they hold 7866 unique securities.

Which pays a higher dividend, TMF or VXUS?

TMF yields 4.08% while VXUS yields 2.60%, so TMF currently pays the higher dividend yield.

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