This ETF delivers daily inverse exposure to intermediate term Treasury bonds, making it a potentially useful option for those looking to bet against the performance of that narrow slice of the bond market. Given the nature of the exposure offered, TYNS generally shouldn't be used in connection with a long-term, buy-and-hold portfolio; this product is more specifically geared towards those looking to implement a shorter term tactical tilt or hedge against Treasuries. Investors seeking short exposure to the broader investment grade bond market might like SAGG, while those looking to leverage up inverse exposure to intermediate Treasuries might find PST to be an effective tool. TYNS, which is very similar to TBX, features a daily reset mechanism. As such, the -100% exposure to the related index is delivered only over the course of a single trading session; those holding a position for longer or shorter than that period of time may realize a different effective amplification of returns. TYNS can still be used effectively over multiple sessions; investors should simply be aware that the daily reset feature can impact the leverage offered and understand the nuances of compounding returns. A position in TYNS will require regular monitoring and rebalancing, but can be a useful way to make a very precise bet against the Treasury markets.
The adjacent table gives investors an individual Realtime Rating for TYNS on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Inverse Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb.com Category.
This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.
This section compares the cost efficiency of this ETF to peers in the same ETFdb.com Category.
This ETF is not currently available for commission free trading on any platforms.
There are 5 other ETFs in the Inverse Bonds ETFdb.com Category that are also eligible for commission free trading:
TYNS does not have an ESG score. There are no ESG themes that map to this ETF.
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
This section compares the fund flows of this ETF to peers in the same ETFdb.com Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of TYNS relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.