- ISIN
- US25460G7815
- CUSIP
- 25460G781
- Issuer
- Direxion
- Inception Date
- Dec 8, 2010
- Region
- Global (Broad)
- Category
- Gold, Leveraged Equities
- Leveraged
- 2x
- Index Tracked
- MarketVector Global Gold Miners Index (200%)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $991M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
NUGT Performance Chart
Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) is down 24.9% since the beginning of the year. NUGT is currently trading at $138 per share. Investors who bought $1,000 worth of NUGT shares 5 years ago would now be looking at an investment worth $2,435.
Loading charts...
Returns By Period
Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) has returned -24.93% so far this year and 82.75% over the past 12 months. Over the last ten years, NUGT has returned -10.74% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Direxion Daily Gold Miners Index Bull 2X ETF
- 1D
- -2.62%
- 1M
- -11.13%
- YTD
- -24.93%
- 6M
- -32.67%
- 1Y
- 82.75%
- 3Y*
- 60.93%
- 5Y*
- 19.48%
- 10Y*
- -10.74%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
NUGT Monthly Returns History
Based on dividend-adjusted daily data since Dec 8, 2010, NUGT's average daily return is +0.04%, while the average monthly return is +0.41%. At this rate, an investment would double in approximately 14.1 years.
Historically, 49% of months were positive and 51% were negative. The best month was Feb 2016 with a return of +126.1%, while the worst month was Mar 2020 at -70.6%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 5 months.
On a daily basis, NUGT closed higher 50% of trading days. The best single day was Mar 16, 2020 with a return of +54.0%, while the worst single day was Mar 18, 2020 at -49.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 16.35% | 46.57% | -39.84% | -9.24% | -0.12% | -19.28% | -24.93% | ||||||
| 2025 | 30.15% | 2.69% | 32.54% | 9.90% | 4.76% | 3.99% | -2.74% | 47.94% | 44.39% | -13.97% | 30.81% | 5.90% | 425.05% |
| 2024 | -19.93% | -12.24% | 41.46% | 8.18% | 12.08% | -9.49% | 23.34% | 2.05% | 5.10% | 1.45% | -14.23% | -18.06% | 2.89% |
| 2023 | 22.95% | -27.37% | 36.41% | 6.65% | -16.39% | -6.56% | 7.23% | -14.08% | -16.63% | 7.20% | 23.08% | -0.25% | 2.60% |
| 2022 | -12.30% | 28.16% | 23.19% | -17.70% | -19.20% | -27.05% | -9.37% | -18.82% | 0.20% | -1.26% | 40.08% | -0.84% | -32.10% |
| 2021 | -9.50% | -19.84% | 8.36% | 10.89% | 30.20% | -26.24% | 5.08% | -14.00% | -18.74% | 15.10% | 0.02% | 4.13% | -26.31% |
Benchmark Metrics
Direxion Daily Gold Miners Index Bull 2X ETF has an annualized alpha of -3.81%, beta of 1.01, and R2 of 0.03 versus S&P 500 Index. Calculated based on daily prices since December 08, 2010.
- This ETF participated in 190.86% of S&P 500 Index downside but only -16.32% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.03 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -3.81%
- Beta
- 1.01
- R²
- 0.03
- Upside Capture
- -16.32%
- Downside Capture
- 190.86%
Expense Ratio
NUGT has a high expense ratio of 1.13%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
NUGT ranks 28 for risk / return — below 28% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NUGT | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.14 | ||
| Sortino ratioReturn per unit of downside risk | -1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.37 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.31 | 2.78 | -1.47 |
| Martin ratioReturn relative to average drawdown | 3.16 | 12.44 | -9.28 |
Dividends
Dividend History
Direxion Daily Gold Miners Index Bull 2X ETF provided a 0.40% dividend yield over the last twelve months, with an annual payout of $0.55 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.55 | $0.40 | $0.63 | $0.58 | $0.24 | $0.00 | $0.00 | $1.09 | $0.50 |
Dividend yield | 0.40% | 0.22% | 1.79% | 1.67% | 0.70% | 0.00% | 0.00% | 0.63% | 0.57% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Daily Gold Miners Index Bull 2X ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.00 | $0.30 | ||||||
| 2025 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.40 |
| 2024 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.25 | $0.63 |
| 2023 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.33 | $0.58 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 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 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Direxion Daily Gold Miners Index Bull 2X ETF. 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 Index Bull 2X ETF was 99.97%, occurring on Sep 26, 2022. The portfolio has not yet recovered.
The current Direxion Daily Gold Miners Index Bull 2X ETF drawdown is 99.82%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -99.97%Sep 2022 | 11y 20d | — | 14y 9moSep 2011 - now |
2011 bear market2011 | -35.24%Jun 2011 | 2mo 6d | 2mo 22d | 4mo 28dApr 2011 - Sep 2011 |
2011 bear market2011 | -26.64%Jan 2011 | 1mo 11d | 2mo 10d | 3mo 21dDec 2010 - Apr 2011 |
2010 pullback2010 | -2.24%Dec 2010 | 0s | 5d | 5dDec 2010 - Dec 2010 |
2011 pullback2011 | -0.82%Apr 2011 | 0s | 1d | 1dApr 2011 - Apr 2011 |
Drawdown Indicators
| NUGT | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.97% | -56.78% | -43.19% |
Max Drawdown (1Y)Largest decline over 1 year | -63.43% | -9.10% | -54.33% |
Max Drawdown (3Y)Largest decline over 3 years | -63.43% | -18.90% | -44.53% |
Max Drawdown (5Y)Largest decline over 5 years | -73.72% | -25.43% | -48.29% |
Max Drawdown (10Y)Largest decline over 10 years | -96.91% | -33.92% | -62.99% |
Current DrawdownCurrent decline from peak | -99.82% | -1.80% | -98.02% |
Average DrawdownAverage peak-to-trough decline | -91.53% | -10.71% | -80.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.25% | 2.03% | +24.22% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with NUGT
Add Direxion Daily Gold Miners Index Bull 2X ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with NUGT