Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial - Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
Direxion Daily Gold Miners Index Bull 2X Shares (NUGT)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- 1Y
- 1M
- 1W
Upturn Advisory Summary
11/28/2025: NUGT (3-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit 17.82% | Avg. Invested days 38 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 11/28/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.07 | 52 Weeks Range 33.98 - 82.76 | Updated Date 06/29/2025 |
52 Weeks Range 33.98 - 82.76 | Updated Date 06/29/2025 |
Upturn AI SWOT
Direxion Daily Gold Miners Index Bull 2X Shares
ETF Overview
Overview
The Direxion Daily Gold Miners Index Bull 2X Shares (DUST) seeks daily investment results, before fees and expenses, of 200% of the performance of the NYSE Arca Gold Miners Index. It provides leveraged exposure to gold mining companies.
Reputation and Reliability
Direxion is known for providing leveraged and inverse ETFs. They have a mixed reputation, as these ETFs are designed for short-term trading and can be risky for long-term investors.
Management Expertise
Direxion has a team of professionals with experience in managing leveraged and inverse products.
Investment Objective
Goal
To seek daily investment results, before fees and expenses, of 200% of the performance of the NYSE Arca Gold Miners Index.
Investment Approach and Strategy
Strategy: The ETF employs a leveraged strategy, aiming to deliver twice the daily performance of the NYSE Arca Gold Miners Index.
Composition The ETF holds financial instruments such as swaps, futures contracts, and other derivatives to achieve its leveraged exposure to the gold miners index.
Market Position
Market Share: DUST has a niche market share within the leveraged gold mining ETF segment.
Total Net Assets (AUM): 180130000
Competitors
Key Competitors
- NUGT
- GDXU
- JNUG
Competitive Landscape
The leveraged gold mining ETF market is competitive, with several players offering similar products. DUST's advantage lies in its specific 2x leverage factor and expense ratio, while its disadvantages include the inherent risks of leveraged ETFs and potential tracking errors.
Financial Performance
Historical Performance: Past performance is not indicative of future results. Leveraged ETFs are designed for short-term trading and can experience significant volatility and erosion of value over longer periods.
Benchmark Comparison: The ETF aims to deliver 2x the daily performance of the NYSE Arca Gold Miners Index, but tracking error and compounding effects can cause deviations over time.
Expense Ratio: 0.94
Liquidity
Average Trading Volume
DUST exhibits relatively high trading volume, indicating good liquidity.
Bid-Ask Spread
The bid-ask spread for DUST can fluctuate depending on market conditions and trading volume.
Market Dynamics
Market Environment Factors
DUST's performance is heavily influenced by gold prices, mining company performance, and overall market sentiment. Economic uncertainty and inflation can drive up gold prices, benefiting the ETF.
Growth Trajectory
The ETF's growth is dependent on the sustained interest in leveraged gold mining exposure and the ability to accurately track its target index.
Moat and Competitive Advantages
Competitive Edge
DUST provides a specific 2x leveraged exposure to gold mining companies, catering to traders seeking amplified short-term gains. Its competitive edge resides in its ability to offer a direct and magnified exposure to the gold mining sector. However, its leveraged nature increases risk and the potential for losses, making it unsuitable for risk-averse investors. The ETF's performance is highly dependent on the daily movements of the underlying index.
Risk Analysis
Volatility
DUST is highly volatile due to its leveraged nature. It is much more volatile than non-leveraged gold mining ETFs or the underlying index.
Market Risk
The ETF is exposed to the risks associated with gold mining companies, including commodity price fluctuations, geopolitical events, and operational challenges.
Investor Profile
Ideal Investor Profile
DUST is suitable for experienced traders with a high risk tolerance who seek short-term leveraged exposure to gold mining stocks.
Market Risk
DUST is best suited for active traders with a short-term investment horizon. It is not recommended for long-term investors due to the effects of compounding and potential for significant losses.
Summary
Direxion Daily Gold Miners Index Bull 2X Shares (DUST) is a leveraged ETF designed for short-term trading, offering twice the daily performance of the NYSE Arca Gold Miners Index. It is highly volatile and subject to significant risks due to its leveraged nature, making it unsuitable for long-term investors. The ETF is influenced by gold prices and market sentiment, and its performance can deviate from the target index due to tracking errors. DUST is best suited for experienced traders with a high risk tolerance seeking amplified exposure to gold mining companies.
Similar ETFs
Sources and Disclaimers
Data Sources:
- DirexionShares.com
- ETF.com
- Yahoo Finance
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Past performance is not indicative of future results. Investing in ETFs involves risk, including the potential loss of principal.
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 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 is comprised of publicly traded common stocks, ADRs or global depositary receipts of companies that operate globally in both developed and emerging markets, and the index provider defines as involved primarily in mining for gold and, to a lesser extent, in mining for silver. The fund invests at least 80% of its net assets in financial instruments, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.