All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

TMF: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

TMF real return snapshot: after CPI-U inflation, TMF returned −24.62% over the past year and −20.49% YTD, with dividends reinvested. Since Apr. 16, 2009, TMF is down −80.91% in real purchasing-power return, or −9.06%/yr, and is currently −94.75% below its real total-return high on Mar. 9, 2020.

Data ending Mon Sep. 21, 2026

Growth of $10,000

Thu 2009-04-16💬 to Mon 2026-09-21 Overall
Return 		Exponential
Trendline
TMF × 		−80.91%
−9.06%/yr 		−5.67%/yr
R2=0.172
Direxion Daily 20+ Year Treasury Bull 3X Shares Exchange-Traded Fund

Growth of $10,000 Summary

Thu 2009-04-16💬 to Mon 2026-09-21 Start
Value 		End
Value
TMF × 		$10,000.00
2009-04-16 		$1,908.82
2026-09-21

This Year’s Performance

through 2026-09-21

  YTD YoY
TMF × 		−20.49% −24.62%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
TMF × 		−94.75%
on 2026-09-21
from 2020-03-09 peak 		−94.93%
on 2026-09-15
from 2020-03-09 peak

Rolling Returns

Period ending Mon 2026-09-21 1 yr 2 yr 3 yr 5 yr 10 yr
TMF × 		−24.62% −48.83%
−28.47%/yr 		−41.30%
−16.27%/yr 		−90.70%
−37.81%/yr 		−90.25%
−20.77%/yr

Annual Returns

Year TMF
2026 (YTD) −20.49%
2025 −5.47%
2024 −37.74%
2023 −15.83%
2022 −74.26%
2021 −25.08%
2020 +37.15%
2019 +31.74%
2018 −12.67%
2017 +20.18%
2016 −4.50%
2015 −14.35%
2014 +95.86%
2013 −39.91%
2012 −1.12%
2011 +103.15%
2010 +14.35%
2009 −40.07%