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

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$164.65
Last Close (24-hour delay)
Profit since last BUY82.24%
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BUY since 43 days
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Upturn Advisory Summary

10/10/2025: JNUG (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

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 66.78%
Avg. Invested days 36
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
ETF Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 10/10/2025

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

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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 providing leveraged exposure to junior gold mining companies.

reliability logo Reputation and Reliability

Direxion is known for offering leveraged and inverse ETFs, generally considered reliable but high-risk due to the nature of leveraged products.

reliability logo Management Expertise

Direxion has a specialized team experienced in managing leveraged ETFs, requiring expertise in derivatives and short-term market movements.

Investment Objective

overview logo 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 uses a leveraged strategy to amplify the daily returns of the underlying index.

Composition Primarily holds financial instruments that provide exposure to the MVIS Global Junior Gold Miners Index, including derivatives.

Market Position

Market Share: JNUG holds a notable share within the leveraged junior gold miners ETF segment, but the overall market share of leveraged ETFs is smaller compared to traditional ETFs.

Total Net Assets (AUM): 546178880

Competitors

overview logo Key Competitors

  • NUGT
  • GDXJ
  • GDX

Competitive Landscape

The competitive landscape is concentrated with a few key players. JNUG's advantage lies in its leveraged exposure, but this also makes it riskier than non-leveraged competitors like GDXJ. A disadvantage is its daily reset which can erode long-term returns.

Financial Performance

Historical Performance: Historical performance is highly volatile, reflecting the leveraged exposure and the fluctuations in junior gold miners' stock prices.

Benchmark Comparison: The ETF aims for 2x the daily return of its benchmark but can deviate due to fees, expenses, and the effects of compounding.

Expense Ratio: 0.94

Liquidity

Average Trading Volume

JNUG exhibits high liquidity due to its significant trading volume.

Bid-Ask Spread

The bid-ask spread can be moderate, but it can widen during periods of high volatility.

Market Dynamics

Market Environment Factors

Performance is affected by gold prices, macroeconomic conditions, investor sentiment towards gold mining, and interest rates.

Growth Trajectory

Growth depends on sustained interest in gold and junior gold miners, as well as the ability to accurately track its daily leverage target.

Moat and Competitive Advantages

Competitive Edge

JNUG's primary advantage is its 2x leverage, appealing to traders seeking amplified short-term gains. This focused strategy differentiates it from broader gold ETFs. However, this leverage is a double-edged sword, increasing both potential gains and losses. The ETF is not intended for long-term holding due to the effects of compounding and daily resets.

Risk Analysis

Volatility

JNUG exhibits very high volatility due to its leveraged nature and the inherent volatility of junior gold miners.

Market Risk

Significant market risk is present due to fluctuations in gold prices, economic conditions, and the specific risks associated with junior gold mining companies.

Investor Profile

Ideal Investor Profile

JNUG is suitable for experienced, risk-tolerant traders seeking short-term, tactical exposure to junior gold miners. It is not suitable for buy-and-hold investors.

Market Risk

Best suited for active traders with a high-risk tolerance and a short-term investment horizon.

Summary

Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG) is a leveraged ETF designed for short-term trading of junior gold mining stocks. It aims to provide twice the daily performance of the MVIS Global Junior Gold Miners Index. Due to its leverage, JNUG is highly volatile and unsuitable for long-term investment. It's ideal for experienced traders seeking to capitalize on short-term price movements in the junior gold mining sector, but the high risk profile must be carefully considered.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Direxion
  • ETF.com
  • Yahoo Finance

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Leveraged ETFs are complex financial instruments and involve a high degree of risk.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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.