Direxion Daily Gold Miners Index Bull 2XSharesDirexion Daily Gold Miners Index Bull 2XSharesDirexion Daily Gold Miners Index Bull 2XShares

Direxion Daily Gold Miners Index Bull 2XShares

No trades
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Key stats


Assets under management (AUM)
‪587.51 M‬USD
Fund flows (1Y)
‪−184.46 M‬USD
Dividend yield (indicated)
1.65%
Discount/Premium to NAV
1.3%

About Direxion Daily Gold Miners Index Bull 2XShares


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Expense ratio
1.18%
Inception date
Dec 8, 2010
Index tracked
NYSE Arca Gold Miners
Management style
Passive
NUGT is a 2x leveraged bet on the NYSE Arca Gold Miners Indexa market-cap-weighted index of large gold and silver mining firms. Like most leveraged and inverse products, it's designed to provide a 1-day bet on the index. As such, NUGT is designed to be held for no more than one trading day. For longer periods, the effects of compounding may cause it to drift (sometimes greatly) from the 200% exposure it promises to provide to the NYSE Arca Gold Miners Index. Since NUGT is designed for daily use, the trading costs are of greater importance. Prior to March 31, 2020, the fund provided 3x daily exposure to the same index.

Classification


Asset Class
Equity
Category
Sector
Focus
Materials
Niche
Gold miners
Strategy
Vanilla
Weighting scheme
Market cap
Selection criteria
Market cap

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 20, 2024
Exposure type
Bonds, Cash & Other
ETF
Cash
Bonds, Cash & Other100.00%
ETF68.25%
Cash31.75%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows