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TMV vs MSMR

Comparison between DIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES (TMV, ETF) and MCELHENNY SHEFFIELD MANAGED RISK ETF (MSMR, ETF).

5-Year PerformanceTMV has outperformed MSMR, delivering a return of +19.5% compared to +9.7%

TMV vs MSMR - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
TMV
$180M
MSMR
$180M
Expense Ratio
TMV
N/A
MSMR
1.06%
Max Drawdown
TMV
99.10%
Winner
MSMR
15.12%
Sharpe Ratio
TMV
-0.05
Winner
MSMR
1.27
5Y Beta
Winner
TMV
-0.19
MSMR
0.44
5Y Dividends CAGR
TMV
95.39%
MSMR
N/A

TMV vs MSMR - Historical Returns

Returns include dividend reinvestment.

1M
TMV
-7.31%
Winner
MSMR
-2.40%
3M
Winner
TMV
+4.05%
MSMR
+2.87%
6M
TMV
+3.93%
Winner
MSMR
+4.84%
1Y
TMV
-3.72%
Winner
MSMR
+19.37%
5Y(CAGR)
Winner
TMV
+19.51%
MSMR
+9.74%
10Y(CAGR)
TMV
-0.31%
MSMR
N/A
Max(CAGR)
TMV
-14.81%
Winner
MSMR
+9.74%

TMV vs MSMR - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

YearTMVMSMR
2026+3.13%+5.32%
2025-3.14%+16.72%
2024+37.13%+22.41%
2023-4.35%+18.38%
2022+132.15%-12.23%
2021+0.54%-1.12%
2020-52.70%N/A
2019-33.29%N/A
2018+0.85%N/A
2017-25.55%N/A
2016-12.35%N/A
2015-8.92%N/A
2014-55.94%N/A
2013+29.05%N/A
2012-23.61%N/A
2011-69.19%N/A
2010-36.44%N/A
2009+24.08%N/A

TMV vs MSMR Drawdown Comparison

The maximum drawdown for TMV was -98.96%, occurring on Aug 4, 2020. This drawdown has not yet recovered.

The maximum drawdown for MSMR was -14.86%, occurring on Sep 19, 2022. Recovery took 410 trading sessions.

The current TMV drawdown is -95.98%. The current MSMR drawdown is -4.31%.

RankTMVMSMR
#1-98.96%
Jun 10, 2009 - Aug 4, 2020
-14.86%
Nov 19, 2021 - Jul 12, 2023
#2-13.94%
May 27, 2009 - Jun 10, 2009
-8.84%
Feb 19, 2025 - Jun 30, 2025
#3-11.52%
May 7, 2009 - May 21, 2009
-8.66%
Jul 19, 2023 - Jan 19, 2024
#4-5.34%
Apr 17, 2009 - Apr 22, 2009
-7.05%
Jan 29, 2026 - May 5, 2026
#5-2.03%
Apr 24, 2009 - Apr 28, 2009
-4.92%
Aug 30, 2024 - Sep 23, 2024
#6-1.60%
May 1, 2009 - May 7, 2009
-4.72%
Mar 28, 2024 - Jun 12, 2024
#7-0.68%
Apr 22, 2009 - Apr 24, 2009
-4.31%
Jun 2, 2026 - Jun 15, 2026
#8N/A-4.23%
Oct 28, 2025 - Jan 7, 2026
#9N/A-3.47%
Oct 18, 2024 - Nov 6, 2024
#10N/A-3.43%
Dec 6, 2024 - Jan 30, 2025
#11N/A-3.04%
Oct 8, 2025 - Oct 20, 2025
#12N/A-2.73%
Jul 16, 2024 - Jul 31, 2024
#13N/A-2.32%
Aug 12, 2025 - Sep 10, 2025
#14N/A-2.26%
Jul 28, 2025 - Aug 8, 2025
#15N/A-1.96%
Nov 8, 2024 - Nov 21, 2024

Correlation

Correlation between TMV and MSMR is 0.59 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.59
-101

Dividend Comparison (2009 - 2026)

TMV vs MSMR dividend yield comparison.

YearTMVMSMR
20261.00%0.73%
20252.85%1.51%
20243.41%2.26%
20233.87%0.81%
20220.00%0.65%
20210.00%0.07%
20200.37%0.00%
20191.60%0.00%
20180.62%0.00%
200910.77%0.00%

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