JDSTDIREXION DAILY JUNIOR GOLD MINERS INDEX BEAR 2X SHARES
DIREXION DAILY JUNIOR GOLD MINERS INDEX BEAR 2X SHARES
$20.06-4.97% today
2015252-WK
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 6M SHOWN · NET −$636M OVER THIS RANGE
The desk’s read
Money keeps arriving — +$15M of net buying over the past month, about 54.1% of the fund's asset base, while the price has returned -62.2% so far this year.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$27Massets under management
—expense ratio
+$15Mnet flow, trailing month
581Kavg daily volume, 30 days
1holdings · US-domiciled
2024listed July 1, 2024 · beta -4.08
Sector weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
| 1 week | -20.5% |
| 1 month | -50.2% |
| 3 months | -45.1% |
| 6 months | -33.6% |
| YTD | -62.2% |
| 1 year | -86.7% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | +$4M |
| 1 month | +$15M |
| 3 months | −$3M |
| YTD | −$497M |
| 1 year | +$304M |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
Monthly net flows
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
123%realized volatility, 30 days (annualized)
110%realized volatility, 1 year
-86.8%deepest fall from a peak, 1 year
-86.8%where it sits vs. that peak today
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Options tape
154calls today
69puts today
0.45put/call ratio
1Mshares traded
The case against JDST
Due diligence cuts both ways. These funds sit on the same shelf and beat JDST on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| GLD SPDR Gold Shares | 0.40% | $146B | +$4.4B | 5371× the assets · +$4.4B in over the month | Head-to-head |
| SLV iShares Silver Trust | 0.50% | $38.5B | — | 1418× the assets | Head-to-head |
| RING iShares MSCI Global Gold Miners ETF | 0.39% | $2.4B | −$386M | 88× the assets | Head-to-head |
| SLVP iShares MSCI Global Silver and Metals Miners ETF | 0.39% | $978M | −$10M | 36× the assets | Head-to-head |