Direxion Daily Gold Miners Bull 2X Shares (NUGT) Alternatives
Direxion Daily Gold Miners Bull 2X Shares (NUGT) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with NUGT. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to NUGT
NUGT charges 1.23% annually. Among ETFs in the Leveraged Equities category, these options have the lowest expense ratios among NUGT alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | Sep 14, 2021 | NUGT vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | May 28, 2014 | NUGT vs SPUU | |
| Leverage Shares 2X Long TSM Daily ETF | 0.75% | Jan 14, 2025 | NUGT vs TSMG | |
| Volatility Shares One+One Nasdaq-100® and Bitcoin ... | 0.75% | Feb 18, 2025 | NUGT vs OOQB | |
| Leverage Shares 2X Long ARM Daily ETF | 0.75% | Jan 14, 2025 | NUGT vs ARMG |
Best Risk-Adjusted Alternatives to NUGT
Among ETFs in the Leveraged Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | Oct 9, 2024 | NUGT vs MUU | |
| Direxion Daily South Korea Bull 3X Shares | 98 | Apr 10, 2013 | NUGT vs KORU | |
| GraniteShares 2x Long MU Daily ETF | 98 | Nov 11, 2024 | NUGT vs MULL | |
| Direxion Daily GOOGL Bull 2X Shares | 96 | Sep 6, 2022 | NUGT vs GGLL | |
| Leverage Shares 2X Long TSM Daily ETF | 95 | Jan 14, 2025 | NUGT vs TSMG |
Top Performing NUGT Alternatives (YTD)
NUGT alternatives from the Leveraged Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 139.49% | Apr 9, 2019 | NUGT vs NRGU | |
| Leverage Shares 2X Long TER Daily ETF | 124.98% | Nov 17, 2025 | NUGT vs TERG | |
| MicroSectors Energy 3X Leveraged ETN | 113.23% | Feb 16, 2023 | NUGT vs WTIU | |
| Direxion Daily S&P Oil & Gas Exploration & Product... | 87.03% | Apr 1, 2020 | NUGT vs GUSH | |
| Leverage Shares 2X Long ARM Daily ETF | 78.95% | Jan 14, 2025 | NUGT vs ARMG |
Lowest Volatility Alternatives to NUGT
NUGT alternatives from the Leveraged Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 14.34% | Apr 1, 2021 | NUGT vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 16.38% | Apr 1, 2021 | NUGT vs QTAP | |
| Roundhill BRKB WeeklyPay ETF | 17.90% | Jun 17, 2025 | NUGT vs BRKW | |
| Innovator US Equity Accelerated ETF | 17.99% | Apr 1, 2021 | NUGT vs XDSQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 18.18% | Jul 1, 2021 | NUGT vs XTJL |
Lowest Drawdown Alternatives to NUGT
NUGT alternatives from the Leveraged Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -11.83% | Apr 1, 2021 | NUGT vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -12.04% | Apr 1, 2021 | NUGT vs QTAP | |
| Innovator US Equity Accelerated ETF | -12.18% | Apr 1, 2021 | NUGT vs XDSQ | |
| Innovator Growth Accelerated ETF - Quarterly | -12.64% | Apr 1, 2021 | NUGT vs XDQQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -13.81% | Jul 1, 2021 | NUGT vs XTJL |
Other ETFs from Direxion
Most popular Direxion ETFs on PortfoliosLab, across asset classes.
Often Compared With NUGT
What investors most often compare with NUGT, based on PortfoliosLab usage data.
Compare NUGT with Any Fund or Stock
Compare NUGT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.