TMF vs CSQ

Comparison between DIREXION DAILY 20+ YEAR TREASURY BULL 3X SHARES (TMF, ETF) and Calamos Strategic Total Return Fund (CSQ, ETF).

5-Year PerformanceCSQ has outperformed TMF, delivering a return of +10.7% compared to -30.0%

TMF vs CSQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TMF(ETF)	CSQ(ETF)
Net Assets	$3B	$3.10B
Max Drawdown	93.33%	72.74%
Sharpe Ratio	-0.21	1.81
5Y Beta	0.19	1.02
5Y Dividends CAGR	-26.36%	2.82%

Net Assets

TMF

$3B

Winner

CSQ

$3.10B

Max Drawdown

TMF

93.33%

Winner

CSQ

72.74%

Sharpe Ratio

TMF

-0.21

Winner

CSQ

1.81

5Y Beta

Winner

TMF

0.19

CSQ

1.02

5Y Dividends CAGR

TMF

-26.36%

Winner

CSQ

2.82%

TMF vs CSQ - Historical Returns

Returns include dividend reinvestment.

Period	TMF	CSQ
1 month	-2.95%	+12.95%
3 months	-4.91%	+7.23%
6 months	-11.01%	+12.35%
1 year	-3.60%	+32.35%
5 years(CAGR)	-30.02%	+10.74%
10 years(CAGR)	-15.93%	+16.60%
Max(CAGR)	-5.96%	+10.13%

TMF

-2.95%

Winner

CSQ

+12.95%

TMF

-4.91%

Winner

CSQ

+7.23%

TMF

-11.01%

Winner

CSQ

+12.35%

TMF

-3.60%

Winner

CSQ

+32.35%

5Y(CAGR)

TMF

-30.02%

Winner

CSQ

+10.74%

10Y(CAGR)

TMF

-15.93%

Winner

CSQ

+16.60%

Max(CAGR)

TMF

-5.96%

Winner

CSQ

+10.13%

TMF vs CSQ - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	TMF	CSQ
2026	-3.47%	+8.07%
2025	-3.69%	+17.22%
2024	-34.61%	+29.40%
2023	-17.42%	+22.44%
2022	-70.36%	-24.06%
2021	-19.51%	+34.84%
2020	+34.34%	+25.88%
2019	+32.62%	+38.06%
2018	-7.97%	-4.03%
2017	+21.53%	+25.28%
2016	-5.33%	+16.51%
2015	-16.30%	-4.73%
2014	+95.37%	+14.95%
2013	-36.52%	+18.27%
2012	+5.23%	+26.53%
2011	+112.97%	-4.16%
2010	+16.06%	+12.12%
2009	-39.24%	+48.27%
2008	N/A	-48.59%
2007	N/A	-2.22%
2006	N/A	+23.71%
2005	N/A	+3.84%
2004	N/A	-3.64%

TMF vs CSQ Drawdown Comparison

The maximum drawdown for TMF was -92.61%, occurring on May 21, 2025. This drawdown has not yet recovered.

The maximum drawdown for CSQ was -67.02%, occurring on Nov 20, 2008. Recovery took 1214 trading sessions.

The current TMF drawdown is -92.06%.

Rank	TMF	CSQ
#1	-92.61% Mar 9, 2020 - May 21, 2025	-67.02% May 22, 2007 - Mar 15, 2012
#2	-53.33% Jul 25, 2012 - Jan 5, 2015	-48.11% Feb 20, 2020 - Aug 12, 2020
#3	-51.11% Jul 8, 2016 - Aug 12, 2019	-33.06% Dec 30, 2021 - Mar 20, 2024
#4	-46.17% Aug 26, 2010 - Aug 10, 2011	-29.03% Sep 24, 2018 - Apr 29, 2019
#5	-44.57% Apr 20, 2009 - Aug 19, 2010	-24.60% May 18, 2015 - Jul 15, 2016
#6	-42.46% Jan 30, 2015 - Jun 27, 2016	-24.18% Jan 23, 2025 - Jun 26, 2025
#7	-30.94% Oct 3, 2011 - May 30, 2012	-17.11% Apr 1, 2004 - Jul 8, 2005
#8	-24.59% Aug 28, 2019 - Feb 24, 2020	-15.25% Jan 12, 2026 - Apr 20, 2026
#9	-14.95% Aug 10, 2011 - Aug 18, 2011	-14.59% Aug 27, 2014 - Nov 14, 2014
#10	-14.23% Sep 22, 2011 - Oct 3, 2011	-12.20% Oct 17, 2012 - Jan 7, 2013
#11	-12.90% Aug 19, 2011 - Sep 2, 2011	-10.85% Jan 26, 2018 - Jun 1, 2018
#12	-12.78% Jun 1, 2012 - Jul 23, 2012	-9.91% Sep 2, 2020 - Nov 10, 2020
#13	-7.46% Aug 15, 2019 - Aug 27, 2019	-9.90% May 17, 2013 - Oct 25, 2013
#14	-6.18% Sep 12, 2011 - Sep 19, 2011	-9.75% Jul 10, 2024 - Sep 23, 2024
#15	-5.52% Sep 6, 2011 - Sep 9, 2011	-9.53% Apr 15, 2021 - Jun 29, 2021

Correlation

Correlation between TMF and CSQ is -0.21 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.21

-101

Dividend Comparison (2004 - 2026)

TMF vs CSQ dividend yield comparison.

Year	TMF	CSQ
2026	0.62%	1.81%
2025	4.06%	6.51%
2024	4.29%	6.95%
2023	2.82%	8.27%
2022	1.62%	9.17%
2021	0.13%	6.38%
2020	2.24%	7.03%
2019	0.94%	7.14%
2018	1.49%	9.35%
2017	0.41%	8.20%
2016	0.00%	9.64%
2015	0.00%	10.00%
2014	0.00%	8.44%
2013	0.57%	7.71%
2012	0.17%	8.56%
2011	0.70%	7.54%
2010	5.12%	6.80%
2009	15.58%	8.93%
2008	0.00%	18.36%
2007	0.00%	8.71%
2006	0.00%	7.48%
2005	0.00%	7.66%
2004	0.00%	4.28%