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DUST NUGT ARB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


USD=X 200%BondBondCurrencyCurrencyEquityEquityReal EstateReal Estate
PositionCategory/SectorWeight
DRN
Direxion Daily Real Estate Bull 3x Shares
REIT, Leveraged
-10%
DRV
Direxion Daily Real Estate Bear 3x Shares
REIT, Leveraged
-10%
DUST
Direxion Daily Gold Miners Bear 2X Shares
Leveraged Equities, Leveraged
-10%
NUGT
Direxion Daily Gold Miners Bull 2X Shares
Leveraged Equities, Leveraged
-10%
SPXL
Direxion Daily S&P 500 Bull 3X Shares
Leveraged Equities, Leveraged
-10%
SPXS
Direxion Daily S&P 500 Bear 3X Shares
Leveraged Equities, Leveraged
-10%
SQQQ
ProShares UltraPro Short QQQ
Leveraged Equities, Leveraged
-10%
TMF
Direxion Daily 20-Year Treasury Bull 3X
Leveraged Bonds, Leveraged
-10%
TMV
Direxion Daily 20-Year Treasury Bear 3X
Leveraged Bonds, Leveraged
-10%
TQQQ
ProShares UltraPro QQQ
Leveraged Equities, Leveraged
-10%
USD=X
USD Cash
200%

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in DUST NUGT ARB, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly


0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-0.39%
13.61%
DUST NUGT ARB
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Dec 10, 2010, corresponding to the inception date of NUGT

Returns By Period

As of Dec 7, 2024, the DUST NUGT ARB returned 1.36% Year-To-Date and 5.42% of annualized return in the last 10 years.


YTD1M6M1Y5Y (annualized)10Y (annualized)
^GSPC
S&P 500
27.68%1.58%13.90%32.27%14.27%11.62%
DUST NUGT ARB1.36%0.05%-0.39%-2.95%5.25%5.46%
DUST
Direxion Daily Gold Miners Bear 2X Shares
-39.33%10.77%-20.84%-47.06%-47.32%-56.30%
NUGT
Direxion Daily Gold Miners Bull 2X Shares
19.87%-12.31%8.69%33.41%-21.22%-20.76%
USD=X
USD Cash
0.00%0.00%0.00%0.00%0.00%0.00%
TQQQ
ProShares UltraPro QQQ
74.91%6.03%30.27%98.68%34.85%35.35%
SQQQ
ProShares UltraPro Short QQQ
-54.28%-6.45%-34.31%-59.91%-58.67%-51.63%
TMF
Direxion Daily 20-Year Treasury Bull 3X
-19.34%5.83%7.92%-7.81%-27.35%-12.24%
TMV
Direxion Daily 20-Year Treasury Bear 3X
11.78%-6.31%-12.42%-3.36%4.74%-7.54%
SPXS
Direxion Daily S&P 500 Bear 3X Shares
-48.45%-3.55%-29.65%-53.44%-45.57%-39.43%
SPXL
Direxion Daily S&P 500 Bull 3X Shares
83.17%3.84%36.37%102.52%25.16%25.13%
DRV
Direxion Daily Real Estate Bear 3x Shares
-25.39%1.56%-34.70%-39.31%-36.47%-31.56%
DRN
Direxion Daily Real Estate Bull 3x Shares
16.41%-2.25%44.98%39.41%-12.04%-2.14%

Monthly Returns

The table below presents the monthly returns of DUST NUGT ARB, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.40%-0.46%1.33%-0.57%1.23%0.46%-0.03%-0.06%-0.39%0.16%0.61%1.36%
2023-1.09%2.62%-0.49%0.43%0.14%-1.02%0.04%0.78%-2.04%0.80%-0.67%-4.42%-4.99%
20220.15%-0.14%2.89%-1.86%1.56%-4.88%-0.74%2.59%0.80%1.98%0.38%3.15%5.75%
20211.26%-0.30%-0.25%-0.58%-0.60%0.47%0.29%0.05%1.10%-0.49%0.69%-0.76%0.85%
20200.41%0.22%26.93%-0.01%-2.67%-0.53%-1.40%-2.34%6.50%1.58%-0.03%-0.33%28.34%
2019-2.08%-0.48%-1.35%-0.40%1.56%-0.25%0.96%-1.24%3.44%0.79%-0.05%-0.87%-0.10%
20180.00%0.64%2.96%0.96%-0.01%-0.04%0.22%-2.12%0.26%1.24%1.50%-2.36%3.18%
20170.42%0.51%1.36%0.77%0.40%0.99%0.39%-0.20%1.53%0.12%0.07%0.27%6.83%
20161.37%-7.17%1.36%-3.40%7.30%-4.54%-0.40%2.58%2.16%1.04%-2.59%3.75%0.59%
2015-1.80%3.94%3.79%0.46%1.34%0.34%-3.39%7.81%0.45%-0.81%2.78%2.28%18.06%
2014-0.45%-2.41%4.07%0.93%-0.26%0.03%1.14%-0.11%-0.82%-1.95%5.13%2.07%7.34%
2013-0.27%-1.28%0.03%-0.61%2.11%-10.99%0.02%1.33%4.23%1.73%-0.24%-0.49%-5.10%

Expense Ratio

DUST NUGT ARB has an expense ratio of -1.05%, which is considered low compared to other funds. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.


Expense ratio chart for NUGT: current value at 1.23% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.23%
Expense ratio chart for DUST: current value at 1.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.07%
Expense ratio chart for TMF: current value at 1.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.09%
Expense ratio chart for SPXS: current value at 1.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.08%
Expense ratio chart for DRV: current value at 1.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.08%
Expense ratio chart for TMV: current value at 1.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.04%
Expense ratio chart for SPXL: current value at 1.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.02%
Expense ratio chart for DRN: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for TQQQ: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for SQQQ: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of DUST NUGT ARB is 1, indicating that it is in the bottom 1% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of DUST NUGT ARB is 11
Overall Rank
The Sharpe Ratio Rank of DUST NUGT ARB is 11
Sharpe Ratio Rank
The Sortino Ratio Rank of DUST NUGT ARB is 11
Sortino Ratio Rank
The Omega Ratio Rank of DUST NUGT ARB is 11
Omega Ratio Rank
The Calmar Ratio Rank of DUST NUGT ARB is 11
Calmar Ratio Rank
The Martin Ratio Rank of DUST NUGT ARB is 11
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for DUST NUGT ARB, currently valued at -0.10, compared to the broader market-6.00-4.00-2.000.002.004.006.00-0.102.77
The chart of Sortino ratio for DUST NUGT ARB, currently valued at -0.12, compared to the broader market-6.00-4.00-2.000.002.004.006.00-0.123.66
The chart of Omega ratio for DUST NUGT ARB, currently valued at 0.99, compared to the broader market0.501.001.502.000.991.51
The chart of Calmar ratio for DUST NUGT ARB, currently valued at -0.05, compared to the broader market0.005.0010.0015.00-0.053.99
The chart of Martin ratio for DUST NUGT ARB, currently valued at -0.35, compared to the broader market0.0010.0020.0030.0040.0050.0060.00-0.3517.73
DUST NUGT ARB
^GSPC

Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
DUST
Direxion Daily Gold Miners Bear 2X Shares
-0.66-0.770.91-0.40-0.86
NUGT
Direxion Daily Gold Miners Bull 2X Shares
0.350.881.110.211.23
USD=X
USD Cash
TQQQ
ProShares UltraPro QQQ
1.612.061.281.756.57
SQQQ
ProShares UltraPro Short QQQ
-1.09-1.870.79-0.56-1.53
TMF
Direxion Daily 20-Year Treasury Bull 3X
-0.52-0.510.94-0.23-0.94
TMV
Direxion Daily 20-Year Treasury Bear 3X
0.350.801.090.150.87
SPXS
Direxion Daily S&P 500 Bear 3X Shares
-1.41-2.420.73-0.50-1.58
SPXL
Direxion Daily S&P 500 Bull 3X Shares
2.562.961.422.9014.97
DRV
Direxion Daily Real Estate Bear 3x Shares
-0.64-0.770.92-0.30-0.99
DRN
Direxion Daily Real Estate Bull 3x Shares
0.500.951.120.301.48

The current DUST NUGT ARB Sharpe ratio is -0.10. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Compared to the broad market, where average Sharpe ratios range from 1.95 to 2.84, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests that it may not be performing as well in terms of risk-adjusted returns compared to many other portfolios. The lower performance could be due to either lower returns, higher volatility, or a combination of both. This might indicate that the portfolio requires some fine-tuning. You can use the Portfolio Optimization tool to find an allocation that maximizes the Sharpe ratio.

Use the chart below to compare the Sharpe ratio of DUST NUGT ARB with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.10
2.77
DUST NUGT ARB
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

DUST NUGT ARB provided a -4.07% dividend yield over the last twelve months.


TTM20232022202120202019201820172016201520142013
Portfolio-4.07%-3.38%-0.66%-0.44%-1.00%-1.39%-1.00%-0.53%0.00%0.00%0.00%-0.06%
DUST
Direxion Daily Gold Miners Bear 2X Shares
0.61%1.31%0.00%0.00%3.64%0.25%0.37%0.00%0.00%0.00%0.00%0.00%
NUGT
Direxion Daily Gold Miners Bull 2X Shares
1.73%1.66%0.70%0.00%0.00%0.63%0.57%0.00%0.00%0.00%0.00%0.00%
USD=X
USD Cash
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TQQQ
ProShares UltraPro QQQ
1.08%1.26%0.57%0.00%0.00%0.06%0.11%0.00%0.00%0.01%0.03%0.00%
SQQQ
ProShares UltraPro Short QQQ
12.79%8.01%0.28%0.00%2.15%2.92%1.47%0.14%0.00%0.00%0.00%0.00%
TMF
Direxion Daily 20-Year Treasury Bull 3X
3.31%2.82%1.62%0.13%0.48%0.94%1.49%0.41%0.00%0.00%0.00%0.57%
TMV
Direxion Daily 20-Year Treasury Bear 3X
4.63%3.87%0.00%0.00%0.52%2.24%0.88%0.00%0.00%0.00%0.00%0.00%
SPXS
Direxion Daily S&P 500 Bear 3X Shares
7.74%5.66%0.00%0.00%0.51%1.74%0.58%0.00%0.00%0.00%0.00%0.00%
SPXL
Direxion Daily S&P 500 Bull 3X Shares
0.65%0.98%0.33%0.11%0.22%0.84%1.02%3.88%0.00%0.00%0.00%0.00%
DRV
Direxion Daily Real Estate Bear 3x Shares
6.08%5.35%0.38%0.00%0.58%1.72%0.42%0.00%0.00%0.00%0.00%0.00%
DRN
Direxion Daily Real Estate Bull 3x Shares
2.03%2.84%2.70%4.21%1.91%2.59%3.12%0.92%0.00%0.00%0.00%0.00%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.04%
0
DUST NUGT ARB
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the DUST NUGT ARB. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the DUST NUGT ARB was 16.42%, occurring on Aug 15, 2013. Recovery took 388 trading sessions.

The current DUST NUGT ARB drawdown is 6.04%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-16.42%Aug 2, 2012271Aug 15, 2013388Feb 10, 2015659
-12.43%Jun 3, 20228Jun 14, 2022119Nov 28, 2022127
-12.33%Mar 18, 20204Mar 23, 20201Mar 24, 20205
-10.76%Apr 22, 202096Sep 2, 2020325Dec 1, 2021421
-9.91%Feb 1, 201611Feb 12, 2016251Jan 30, 2017262

Volatility

Volatility Chart

The current DUST NUGT ARB volatility is 0.89%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
0.89%
2.22%
DUST NUGT ARB
Benchmark (^GSPC)
Portfolio components

Diversification

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

USD=XTMVTMFNUGTDUSTDRNDRVTQQQSQQQSPXSSPXL
USD=X0.000.000.000.000.000.000.000.000.000.000.00
TMV0.001.00-1.00-0.150.15-0.000.000.19-0.19-0.260.26
TMF0.00-1.001.000.15-0.150.00-0.01-0.190.190.26-0.26
NUGT0.00-0.150.151.00-1.000.20-0.200.16-0.16-0.180.18
DUST0.000.15-0.15-1.001.00-0.200.20-0.160.160.18-0.18
DRN0.00-0.000.000.20-0.201.00-0.990.48-0.48-0.620.62
DRV0.000.00-0.01-0.200.20-0.991.00-0.490.490.62-0.62
TQQQ0.000.19-0.190.16-0.160.48-0.491.00-1.00-0.890.89
SQQQ0.00-0.190.19-0.160.16-0.480.49-1.001.000.89-0.89
SPXS0.00-0.260.26-0.180.18-0.620.62-0.890.891.00-1.00
SPXL0.000.26-0.260.18-0.180.62-0.620.89-0.89-1.001.00
The correlation results are calculated based on daily price changes starting from Dec 13, 2010
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The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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