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Direxion Daily Gold Miners Bear 2X Shares (DUST)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US25490K1337

CUSIP

25490K133

Issuer

Direxion

Inception Date

Apr 1, 2020

Region

Developed Markets (Broad)

Leveraged

3x

Index Tracked

NYSE Arca Gold Miners Index (-300%)

Asset Class

Equity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Expense Ratio

DUST has a high expense ratio of 1.07%, indicating above-average management fees.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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S&P 500

Returns By Period

Direxion Daily Gold Miners Bear 2X Shares (DUST) returned -60.35% year-to-date (YTD) and -61.69% over the past 12 months. Over the past 10 years, DUST returned -58.25% annually, underperforming the S&P 500 benchmark at 10.68%.


DUST

YTD

-60.35%

1M

-6.60%

6M

-51.32%

1Y

-61.69%

3Y*

-42.61%

5Y*

-36.33%

10Y*

-58.25%

^GSPC (Benchmark)

YTD

-1.34%

1M

5.80%

6M

-2.79%

1Y

9.39%

3Y*

13.76%

5Y*

14.45%

10Y*

10.68%

*Annualized

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025-24.75%-4.62%-26.16%-17.55%-9.27%-60.35%
202422.67%10.56%-32.32%-11.13%-12.05%5.72%-20.08%-4.43%-7.21%-3.56%12.83%19.00%-30.40%
2023-20.83%34.60%-30.03%-7.61%16.78%5.07%-9.50%14.78%18.58%-8.88%-21.50%-3.35%-28.03%
20228.03%-25.07%-21.79%16.60%16.95%28.20%6.25%19.04%-6.75%-4.21%-36.49%-2.66%-22.70%
20214.92%18.92%-10.07%-12.49%-25.54%31.68%-6.68%11.91%20.94%-14.83%-1.80%-6.42%-4.82%
20200.71%25.44%-57.35%-53.69%-15.24%-15.81%-30.00%-2.87%12.42%5.21%11.85%-11.04%-85.75%
2019-20.82%4.97%-4.47%21.57%-11.10%-41.70%-16.09%-33.75%30.84%-17.25%9.54%-24.65%-75.15%
2018-8.44%32.12%-10.18%-5.20%-1.15%0.37%13.34%44.77%-1.05%-10.49%-5.46%-31.24%-3.45%
2017-37.32%9.93%-6.81%3.83%-8.65%5.50%-11.62%-22.86%22.04%5.57%-0.07%-13.12%-51.00%
2016-17.75%-69.09%-23.10%-59.13%28.79%-53.94%-33.46%62.03%-20.23%13.45%42.77%-11.31%-94.14%
2015-50.89%9.08%45.35%-30.99%5.51%31.12%87.29%-25.58%-2.50%-36.21%18.63%-12.36%-33.01%
2014-31.85%-30.45%23.75%-8.82%20.29%-41.28%1.68%-10.11%86.59%66.49%-36.17%-18.24%-44.02%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of DUST is 1, meaning it’s performing worse than 99% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of DUST is 11
Overall Rank
The Sharpe Ratio Rank of DUST is 11
Sharpe Ratio Rank
The Sortino Ratio Rank of DUST is 11
Sortino Ratio Rank
The Omega Ratio Rank of DUST is 11
Omega Ratio Rank
The Calmar Ratio Rank of DUST is 11
Calmar Ratio Rank
The Martin Ratio Rank of DUST 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

The charts below present risk-adjusted performance metrics for Direxion Daily Gold Miners Bear 2X Shares (DUST) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Direxion Daily Gold Miners Bear 2X Shares Sharpe ratios as of May 25, 2025 (values are recalculated daily):

  • 1-Year: -0.92
  • 5-Year: -0.53
  • 10-Year: -0.61
  • All Time: -0.47

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Direxion Daily Gold Miners Bear 2X Shares compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Direxion Daily Gold Miners Bear 2X Shares provided a 9.11% dividend yield over the last twelve months, with an annual payout of $2.45 per share.


0.00%1.00%2.00%3.00%4.00%5.00%$0.00$5.00$10.00$15.00$20.00$25.00$30.00$35.002018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM2024202320222021202020192018
Dividend$2.45$3.44$4.56$0.00$0.00$7.25$34.75$21.00

Dividend yield

9.11%5.01%4.48%0.00%0.00%3.64%2.47%0.37%

Monthly Dividends

The table displays the monthly dividend distributions for Direxion Daily Gold Miners Bear 2X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.53$0.00$0.00$0.53
2024$0.00$0.00$1.52$0.00$0.00$0.96$0.00$0.00$0.59$0.00$0.00$0.37$3.44
2023$0.00$0.00$1.57$0.00$0.00$0.98$0.00$0.00$1.37$0.00$0.00$0.64$4.56
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2020$0.00$0.00$7.25$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$7.25
2019$0.00$0.00$18.75$0.00$0.00$5.00$0.00$0.00$7.75$0.00$0.00$3.25$34.75
2018$7.50$0.00$0.00$0.00$0.00$0.00$7.75$0.00$0.00$5.75$21.00

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Direxion Daily Gold Miners Bear 2X Shares. 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 Direxion Daily Gold Miners Bear 2X Shares was 100.00%, occurring on Apr 16, 2025. The portfolio has not yet recovered.

The current Direxion Daily Gold Miners Bear 2X Shares drawdown is 100.00%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-100%Jun 27, 20132970Apr 16, 2025
-70.64%May 16, 201290Sep 21, 2012137Apr 12, 2013227
-46.69%Jan 26, 2011157Sep 8, 2011145Apr 5, 2012302
-39.18%May 20, 201313Jun 6, 201310Jun 20, 201323
-32.31%Apr 18, 201315May 8, 20137May 17, 201322
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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