Direxion Daily 30-Year Treasury Bear 3x Shares (Ticker: TMV) seeks daily investment results, before fees and expenses, that correspond to THREE TIMES (300%) the INVERSE (opposite) daily performance of the NYSE Current 30 Year U.S. Treasury Index. The NYSE Current 30 Year U.S. Treasury Index is a one-security index comprised of the most recently issued 30-Year Treasury Note. Notes eligible for inclusion must be U.S. dollar-denominated Treasury notes with a fixed rate, non-zero coupon that are non-callable with a maturity of 30 years at issuance.