JNUG
JNUG 2-star rating from Upturn Advisory

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

Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG) 2-star rating from Upturn Advisory
$186.33
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Upturn Advisory Summary

11/28/2025: JNUG (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 2 star rating for performance

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type ETF
Historic Profit 35.48%
Avg. Invested days 37
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
ETF Returns Performance Upturn Returns Performance icon 5.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/28/2025

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

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Direxion Daily Junior Gold Miners Index Bull 2X Shares

Direxion Daily Junior Gold Miners Index Bull 2X Shares(JNUG) company logo displayed in Upturn AI summary

ETF Overview

overview logo 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 logo 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.

Leadership icon representing strong management expertise and executive team Management Expertise

Direxion has a dedicated team experienced in managing leveraged ETFs and understanding the complexities of the gold mining sector.

Investment Objective

Icon representing investment goals and financial objectives 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 logo 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.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

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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.