JNUGDIREXION DAILY JUNIOR GOLD MINERS INDEX BULL 2X SHARES
DIREXION DAILY JUNIOR GOLD MINERS INDEX BULL 2X SHARES
$208.23+5.12% today
9835752-WK
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1M SHOWN
The desk’s read
Flows are quiet — the past month netted out near zero, while the price has returned +2.1% so far this year.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$655Massets under management
—expense ratio
—net flow, trailing month
284Kavg daily volume, 30 days
2holdings · US-domiciled
2024listed March 1, 2024 · beta 4.08
Performance
| 1 week | +19.9% |
| 1 month | +77.6% |
| 3 months | +26.0% |
| 6 months | -25.6% |
| YTD | +2.1% |
| 1 year | +111.3% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
The risk read
111%realized volatility, 30 days (annualized)
114%realized volatility, 1 year
-70.9%deepest fall from a peak, 1 year
-41.7%where it sits vs. that peak today
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Options tape
1Kcalls today
564puts today
0.55put/call ratio
321Kshares traded
The case against JNUG
Due diligence cuts both ways. These funds sit on the same shelf and beat JNUG 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 | 223× the assets · +$4.4B in over the month | Head-to-head |
| SLV iShares Silver Trust | 0.50% | $38.5B | — | 59× the assets | Head-to-head |
| RING iShares MSCI Global Gold Miners ETF | 0.39% | $2.4B | −$386M | 4× the assets | Head-to-head |