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Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG)

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Upturn Advisory Summary
11/28/2025: JNUG (2-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type ETF | Historic Profit 35.48% | Avg. Invested days 37 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance | ETF Returns Performance |
Key Highlights
Volume (30-day avg) - | Beta 1.47 | 52 Weeks Range 32.48 - 90.39 | Updated Date 06/29/2025 |
52 Weeks Range 32.48 - 90.39 | Updated Date 06/29/2025 |
Upturn AI SWOT
Direxion Daily Junior Gold Miners Index Bull 2X Shares
ETF Overview
Overview
The Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG) seeks daily investment results, before fees and expenses, of 200% of the daily performance of the MVIS Global Junior Gold Miners Index. It focuses on junior gold mining companies and aims to provide leveraged exposure to this sector.
Reputation and Reliability
Direxion is a well-known issuer of leveraged and inverse ETFs, with a proven track record in providing these types of products.
Management Expertise
Direxion has a dedicated team experienced in managing leveraged ETFs and understanding the complexities of the gold mining sector.
Investment Objective
Goal
To seek daily investment results, before fees and expenses, of 200% of the daily performance of the MVIS Global Junior Gold Miners Index.
Investment Approach and Strategy
Strategy: The ETF employs a leveraged strategy, aiming to deliver twice the daily performance of its underlying index.
Composition The ETF primarily holds financial instruments, such as swap agreements, and investments in underlying assets to achieve its leveraged exposure.
Market Position
Market Share: JNUG has a substantial market share within the leveraged junior gold miners ETF segment.
Total Net Assets (AUM): 760000000
Competitors
Key Competitors
- NUGT
- DUST
- JDST
Competitive Landscape
The competitive landscape involves other leveraged gold mining ETFs. JNUG offers a specific focus on junior gold miners, providing higher potential returns but also higher risk due to its leveraged nature. Competitors may focus on broader gold mining indices or offer inverse exposure.
Financial Performance
Historical Performance: Historical performance can be volatile due to the leveraged nature of the ETF and the inherent risk of the junior gold miners sector.
Benchmark Comparison: The ETF aims to achieve 2x the daily performance of the MVIS Global Junior Gold Miners Index, but tracking error and compounding effects can cause deviations over longer periods.
Expense Ratio: 0.94
Liquidity
Average Trading Volume
JNUG exhibits high liquidity with a substantial average daily trading volume, facilitating ease of entry and exit for investors.
Bid-Ask Spread
The bid-ask spread is typically tight, reflecting the ETF's high liquidity, but can widen during periods of high volatility.
Market Dynamics
Market Environment Factors
Economic indicators, gold prices, and investor sentiment towards junior gold miners significantly influence JNUG's performance.
Growth Trajectory
JNUG's growth trajectory depends on the performance of junior gold miners and investor appetite for leveraged exposure; strategy and holdings are adjusted to maintain 2x leverage.
Moat and Competitive Advantages
Competitive Edge
JNUG provides a specific leveraged exposure to junior gold miners, catering to investors seeking aggressive short-term gains. Direxion's expertise in leveraged ETFs gives it a competitive advantage. The focus on junior miners distinguishes it from broader gold mining ETFs. However, the leveraged structure creates risk over longer periods. JNUG's popularity translates to high trading volume.
Risk Analysis
Volatility
JNUG exhibits very high volatility due to its leveraged nature and the inherent volatility of junior gold mining companies.
Market Risk
Specific risks include fluctuations in gold prices, operational risks of junior mining companies, and the effects of compounding on leveraged investments.
Investor Profile
Ideal Investor Profile
JNUG is suitable for experienced traders with a high-risk tolerance who seek short-term, leveraged exposure to junior gold miners.
Market Risk
JNUG is best suited for active traders who understand the risks associated with leveraged ETFs and are not intended for long-term investors.
Summary
Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG) offers leveraged exposure to junior gold mining companies, targeting twice the daily performance of the MVIS Global Junior Gold Miners Index. The ETF is designed for short-term, high-risk trading strategies and its leveraged structure amplifies both gains and losses. JNUG is not suitable for long-term investors due to compounding effects and inherent volatility. Its popularity ensures high liquidity, but investors must carefully consider the risks before investing.
Similar ETFs
Sources and Disclaimers
Data Sources:
- Direxion website
- ETF.com
- Bloomberg
- Morningstar
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions. Leveraged ETFs are not suitable for all investors.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Direxion Daily Junior Gold Miners Index Bull 2X Shares
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The index tracks the performance of domestic and foreign, including developing and emerging, small- and mid-capitalization companies that are involved in the gold and silver mining industry. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds (ETFs) that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified.

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