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TMF trading strategies, backtested

Direxion Daily 20+ Year Treasury Bull 3X Shares — 3x daily leveraged long-term Treasuries — rate bets, amplified. Every DeployQuant template run on TMF over 5.5 years of minute data, same engine, same window, sorted by return.

Quick answer: the best-performing template on TMF (2021-01-04 → 2026-07-17) was RSI(2) snapback at −1.3% CAGR vs −30.7% for buy-and-hold. 11 of 12 templates beat holding; 11 cut the max drawdown.
StrategyCAGRmax DDSharpetradeswin ratefinal value
RSI(2) Dip Snapback −1.3% −55.1% 0.11163 56% $9,309
Golden Cross (SMA 50/200) −8.8% −50.4% -0.524 0% $6,013
Weekly Entry + 7% Target −10.5% −63.8% -0.14203 33% $5,406
200-Day SMA Regime Filter −10.9% −53.3% -0.7117 0% $5,290
SMA 10/50 Trend −11.1% −57.6% -0.3118 22% $5,209
20-Day Momentum + Trailing Stop −11.5% −55.7% -0.4727 26% $5,082
SMA-200 Trend + 15% Trailing Stop −13.4% −62.5% -0.649 22% $4,512
3-Month Momentum Switch −13.6% −63.5% -0.6017 18% $4,449
EMA 12/26 Trend −15.0% −66.4% -0.5027 26% $4,078
RSI(14) Mean Reversion −22.7% −78.6% -0.5713 46% $2,415
Drawdown Dip Buyer + 8% Target −29.2% −86.5% -0.620 $1,482
First-to-Last Day of Month −30.8% −89.2% -0.6567 40% $1,304
Buy & hold TMF −30.7%−87.7% -0.67 $1,316
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Frequently asked questions

What was the best strategy for TMF?

Of the 12 templates tested on TMF over 2021-01-04–2026-07-17, the strongest by CAGR was RSI(2) snapback at −1.3% (max drawdown 55.1%), versus −30.7% for buy-and-hold. Best-in-hindsight is not a forecast — check drawdowns and trade counts before drawing conclusions.

Did any strategy beat buying and holding TMF?

11 of 12 templates beat TMF buy-and-hold (−30.7% CAGR) on this window; 11 of 12 had a shallower maximum drawdown than holding (87.7%).

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Backtests are hypothetical, computed by DeployQuant's engine on minute-resolution consolidated US market data (2021-01-04 to 2026-07-17, $10,000 starting capital, no margin, fees and slippage not modeled) and do not guarantee future results. Nothing on this page is investment advice. Live trading involves risk of loss.