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ETFs

Direxion Daily Junior Gold Miners Index Bear 2X Shares

JDST
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Oct 3, 2013
Expense Ratio
0.9%
Type
Global Equities
Fund Owner
Direxion Shares
Volume (1m avg. daily)
$40,868,408
AUM
$89,054,143
Associated Index
Market Vectors Junior Gold Miners Index
Inverse/Leveraged
Inverse (-2x)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

—
GOLDMAN FINL SQ TRSRY INST 506
-17.3%
—
DREYFUS GOVT CASH MAN INS
-74.28%
Invest with JDST
Trade JDST Options

What is JDST?

The Fund seeks daily investment results, before fees and expenses, of 200% of the inverse (or opposite) of the performance of the Market Vectors Junior Gold Miners Index. Fund tracks a commodity related equity index, consisting of a basket of junior gold miner related stocks.

1M
3M
6M
YTD
1Y
3Y
Max
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JDST
Performance Measures**

for the time period Oct 3, 2013 to Dec 4, 2025

Returns

1M Trailing Return: -34.7%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -47.5%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -99.9%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 69.5%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: -0.42

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: -0.42

The annualized return divided by the max drawdown for the selected time period.

ETFs related toJDST

ETFs correlated to JDST include GDXD, DUST, GLL

JDST
Direxion Shares ETF Trust - Direxion Daily Junior Gold Miners Index Bear -2X Shares
GDXD
Bank of Montreal - MicroSectors Gold Miners -3X Inverse Leveraged ETNs
DUST
Direxion Shares ETF Trust - Direxion Daily Gold Miners Index Bear -2X Shares
GLL
ProShares Trust - ProShares UltraShort Gold -2x Shares
ZSL
ProShares Trust - ProShares UltraShort Silver -2x Shares
USDU
WisdomTree Trust - WisdomTree Bloomberg U.S. Dollar Bullish Fund
UUP
Invesco DB US Dollar Index Trust - Invesco DB US Dollar Index Bullish Fund
EUO
ProShares Trust - ProShares UltraShort Euro -2X Shares
EFZ
ProShares Trust - ProShares Short MSCI EAFE -1X Shares
EDZ
Direxion Shares ETF Trust - Direxion Daily MSCI Emerging Markets Bear -3x Shares
EPV
ProShares Trust - ProShares UltraShort FTSE Europe -2X Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toJDST

Wooden ARKK Machine 2.2a

Category

Tactical, mean-reversion, momentum filter, leveraged/inverse ETFs, single-position, daily, risk-managed, multi-asset

OOS Cumulative Return

584.43%

Wooden ARKK Machine 2.2 w/ 2.2a 5percent

Category

Tactical rotation, Risk-on/risk-off, RSI momentum, Leveraged/inverse ETFs, Contrarian laggard buying, Daily rebalanced

OOS Cumulative Return

409.68%

Create your own algorithmic trading strategy with JDST using Composer

FAQ

JDST is a Global Equities ETF. The Fund seeks daily investment results, before fees and expenses, of 200% of the inverse (or opposite) of the performance of the Market Vectors Junior Gold Miners Index. Fund tracks a commodity related equity index, consisting of a basket of junior gold miner related stocks.

JDST tracks the Market Vectors Junior Gold Miners Index.

No, JDST is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, JDST is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on JDST is 0.0807%. This is the percent change in the value of JDST over the most recent 1-month period. The 3-month return on JDST is 0.0776%. This is the percent change in the value of JDST over the most recent 3-month period.

The standard deviation of JDST for the past year is 0.7777%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to JDST include SSO, QID, and SDS.

ETFs correlated to JDST include GDXD, DUST, and GLL.

ETFs that are inversely correlated to JDST include GDXJ, JNUG, and GDX.

Yes, JDST is a Inverse (-2x) ETF: This means that JDST will try to match the performance of Market Vectors Junior Gold Miners Index, but with 2x the returns.

Yes, JDST is a Inverse (-2x) leveraged ETF: This means that JDST will try to match the performance of Market Vectors Junior Gold Miners Index, but move 2x in the opposite direction.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.