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Direxion Daily Gold Miners Bull 2X Shares (NUGT)

ETF · Currency in USD · Last updated May 17, 2022

NUGT is a passive ETF by Direxion tracking the investment results of the NYSE Arca Gold Miners Index (300%). NUGT launched on Apr 1, 2020 and has a 1.23% expense ratio.

ETF Info

  • ISINUS25460G7815
  • CUSIP25460G781
  • IssuerDirexion
  • Inception DateApr 1, 2020
  • RegionDeveloped Markets (Broad)
  • CategoryLeveraged Equities, Leveraged
  • Leveraged3x
  • Expense Ratio1.23%
  • Index TrackedNYSE Arca Gold Miners Index (300%)
  • ETF Home Pagewww.direxion.com
  • Asset ClassEquity
  • Asset Class Size

    Multi-Cap
  • Asset Class Style

    Blend

Trading Data

  • Previous Close$45.66
  • Year Range$40.99 - $79.95
  • EMA (50)$60.44
  • EMA (200)$59.19
  • Average Volume$3.23M

NUGTShare Price Chart


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NUGTPerformance

The chart shows the growth of $10,000 invested in Direxion Daily Gold Miners Bull 2X Shares on Dec 9, 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $6 for a total return of roughly -99.94%. All prices are adjusted for splits and dividends.


NUGT (Direxion Daily Gold Miners Bull 2X Shares)
Benchmark (^GSPC)

NUGTReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-42.79%-8.76%
YTD-10.72%-15.91%
6M-22.61%-14.41%
1Y-37.52%-3.97%
5Y-23.69%10.80%
10Y-44.98%11.90%

NUGTMonthly Returns Heatmap


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NUGTSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Direxion Daily Gold Miners Bull 2X Shares Sharpe ratio is -0.72. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


NUGT (Direxion Daily Gold Miners Bull 2X Shares)
Benchmark (^GSPC)

NUGTDividend History

Direxion Daily Gold Miners Bull 2X Shares granted a 0.00% dividend yield in the last twelve months, as of May 17, 2022. The annual payout for that period amounted to $0.00 per share.


PeriodTTM202120202019201820172016201520142013201220112010
Dividend$0.00$0.00$0.00$1.09$0.50$0.00$0.00$0.00$0.00$0.00$0.00$2,038.00$0.00

Dividend yield

0.00%0.00%0.00%0.63%0.57%0.00%0.00%0.00%0.00%0.00%0.00%5.28%0.00%

NUGTDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


NUGT (Direxion Daily Gold Miners Bull 2X Shares)
Benchmark (^GSPC)

NUGTWorst Drawdowns

The table below shows the maximum drawdowns of the Direxion Daily Gold Miners Bull 2X Shares. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Direxion Daily Gold Miners Bull 2X Shares is 99.97%, recorded on Mar 20, 2020. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-99.97%Sep 9, 20112146Mar 20, 2020
-35.24%Apr 11, 201147Jun 16, 201156Sep 6, 2011103
-26.64%Dec 15, 201028Jan 25, 201149Apr 5, 201177
-0.83%Apr 7, 20111Apr 7, 20111Apr 8, 20112

NUGTVolatility Chart

Current Direxion Daily Gold Miners Bull 2X Shares volatility is 94.17%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


NUGT (Direxion Daily Gold Miners Bull 2X Shares)
Benchmark (^GSPC)

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