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 −16.80% over the past year and −19.46% YTD, with dividends reinvested. Since Apr. 16, 2009, TMF is down −80.67% in real purchasing-power return, or −9.02%/yr, and is currently −94.68% below its real total-return high on Mar. 9, 2020.

Data ending Tue Sep. 1, 2026

Growth of $10,000

Thu 2009-04-16💬 to Tue 2026-09-01 Overall
Return
Exponential
Trendline
TMF
×
−80.67%
−9.02%/yr
−5.56%/yr
R2=0.166
Direxion Daily 20+ Year Treasury Bull 3X Shares Exchange-Traded Fund

Growth of $10,000 Summary

Thu 2009-04-16💬 to Tue 2026-09-01 Start
Value
End
Value
TMF
×
$10,000.00
2009-04-16
$1,933.47
2026-09-01

This Year’s Performance

through 2026-09-01

  YTD YoY
TMF
×
−19.46% −16.80%

Drawdowns

  Current
Drawdown
Worst
Drawdown
TMF
×
−94.68%
on 2026-09-01
from 2020-03-09 peak
−94.80%
on 2026-08-17
from 2020-03-09 peak

Rolling Returns

Period ending Tue 2026-09-01 1 yr 2 yr 3 yr 5 yr 10 yr
TMF
×
−16.80% −44.28%
−25.36%/yr
−48.61%
−19.90%/yr
−90.24%
−37.21%/yr
−90.97%
−21.38%/yr

Annual Returns

Year TMF
2026 (YTD) −19.46%
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%