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ETFs

Direxion Daily Junior Gold Miners Index Bull 2X Shares

JNUG
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Oct 3, 2013
Expense Ratio
0.85%
Type
Global Equities
Fund Owner
Direxion Shares
Volume (1m avg. daily)
$49,844,309
AUM
$301,777,410
Associated Index
Market Vectors Junior Gold Miners Index
Inverse/Leveraged
Leveraged (2x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

—
DREYFUS GOVT CASH MAN INS
19.04%
GDXJ
VanEck ETF Trust - VanEck Junior Gold Miners ETF
18.06%
—
GOLDMAN FINL SQ TRSRY INST 506
3.68%
Invest with JNUG
Trade JNUG Options

What is JNUG?

The Fund seeks daily investment results, before fees and expenses, of 200% of the performance of the Market Vectors Junior Gold Miners Index

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

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

Returns

1M Trailing Return: 45.5%

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

3M Trailing Return: 54.8%

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: 118.8%

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: 0.26

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: -0.35

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

ETFs related toJNUG

ETFs correlated to JNUG include GDXJ, GDX, GDXU

JNUG
Direxion Shares ETF Trust - Direxion Daily Junior Gold Miners Index Bull 2X Shares
GDXJ
VanEck ETF Trust - VanEck Junior Gold Miners ETF
GDX
VanEck ETF Trust - VanEck Gold Miners ETF
GDXU
Bank of Montreal - MicroSectors Gold Miners 3X Leveraged ETN
NUGT
Direxion Shares ETF Trust - Direxion Daily Gold Miners Index Bull 2X Shares
SIL
Global X Funds - Global X Silver Miners ETF
RING
BlackRock Institutional Trust Company N.A. - iShares MSCI Global Gold Miners ETF
SILJ
ETF Managers Group LLC - ETFMG Prime Junior Silver Miners ETF
GLTR
abrdn ETF - abrdn Physical Precious Metals Basket Shares ETF
UGL
ProShares Trust - ProShares Ultra Gold 2x Shares
GLD
SSgA Active Trust - SPDR Gold Shares ETF

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 toJNUG

V1a Deez the mad lad (Golden Ark Ballers)+V1a 15/15 MIM CONS

Category

Tactical allocation, trend/momentum, leveraged ETFs, long/short tech, ARK rotation, bitcoin overlay, gold/silver swings, energy momentum, USD hedge

OOS Cumulative Return

155.52%

Aggressive Bots (Randoms)

Category

Tactical allocation, daily rebalance, leveraged ETFs, momentum/mean‑reversion, volatility hedge, commodities, gold, Treasuries, dollar hedge, managed futures

OOS Cumulative Return

152.36%

Create your own algorithmic trading strategy with JNUG using Composer

FAQ

JNUG is a Global Equities ETF. The Fund seeks daily investment results, before fees and expenses, of 200% of the performance of the Market Vectors Junior Gold Miners Index

JNUG tracks the Market Vectors Junior Gold Miners Index.

No, JNUG 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, JNUG 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 JNUG is -0.0878%. This is the percent change in the value of JNUG over the most recent 1-month period. The 3-month return on JNUG is -0.1375%. This is the percent change in the value of JNUG over the most recent 3-month period.

The standard deviation of JNUG for the past year is 0.7684%. 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 JNUG include SSO, QID, and SDS.

ETFs correlated to JNUG include GDXJ, GDX, and GDXU.

ETFs that are inversely correlated to JNUG include JDST, GDXD, and DUST.

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

No, JNUG is not an inverse ETF.

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.