CMGG vs. JDST
CMGG (Leverage Shares 2X Long CMG Daily ETF) and JDST (Direxion Daily Junior Gold Miners Index Bear 2X Shares) are both Leveraged Equities funds. CMGG is actively managed, while JDST is passively managed. At a correlation of -0.18, they often move in opposite directions. CMGG charges 0.75%/yr vs 1.10%/yr for JDST.
Performance
CMGG vs. JDST - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CMGG achieves a -39.24% return, which is significantly lower than JDST's -29.51% return.
CMGG
- 1D
- -11.56%
- 1M
- -15.34%
- YTD
- -39.24%
- 6M
- -42.16%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JDST
- 1D
- 1.95%
- 1M
- 0.05%
- YTD
- -29.51%
- 6M
- -22.99%
- 1Y
- -80.96%
- 3Y*
- -69.43%
- 5Y*
- -53.80%
- 10Y*
- -63.21%
CMGG vs. JDST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CMGG Leverage Shares 2X Long CMG Daily ETF | -39.24% | 36.20% |
JDST Direxion Daily Junior Gold Miners Index Bear 2X Shares | -29.51% | -33.47% |
Correlation
The correlation between CMGG and JDST is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025 | -0.18 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CMGG vs. JDST — Risk / Return Rank
CMGG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
JDST
CMGG vs. JDST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long CMG Daily ETF (CMGG) and Direxion Daily Junior Gold Miners Index Bear 2X Shares (JDST). 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.
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.
| CMGG | JDST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.83 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.91 | — |
| Martin ratioReturn relative to average drawdown | — | -1.19 | — |
Loading charts...
Drawdowns
CMGG vs. JDST - Drawdown Comparison
The maximum CMGG drawdown since its inception was -56.75%, smaller than the maximum JDST drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for CMGG and JDST.
Loading charts...
Drawdown Indicators
| CMGG | JDST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.75% | -100.00% | +43.25% |
Max Drawdown (1Y)Largest decline over 1 year | — | -88.98% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -98.58% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -99.28% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -100.00% | — |
Current DrawdownCurrent decline from peak | -49.61% | -100.00% | +50.39% |
Average DrawdownAverage peak-to-trough decline | -23.20% | -95.31% | +72.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 67.78% | — |
Volatility
CMGG vs. JDST - Volatility Comparison
Loading charts...
Volatility by Period
| CMGG | JDST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 37.94% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 85.13% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 69.07% | 103.48% | -34.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 69.07% | 81.94% | -12.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.07% | 104.99% | -35.92% |
CMGG vs. JDST - Expense Ratio Comparison
CMGG has a 0.75% expense ratio, which is lower than JDST's 1.10% expense ratio.
Dividends
CMGG vs. JDST - Dividend Comparison
CMGG has not paid dividends to shareholders, while JDST's dividend yield for the trailing twelve months is around 11.41%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
CMGG Leverage Shares 2X Long CMG Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JDST Direxion Daily Junior Gold Miners Index Bear 2X Shares | 11.41% | 15.08% | 6.50% | 4.81% | 0.00% | 0.00% | 11.75% | 3.16% | 0.57% |
Frequently Asked Questions
CMGG and JDST have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CMGG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CMGG is cheaper with a 0.75% expense ratio, compared with 1.10% for JDST.
JDST has the higher dividend yield at 11.41%, compared with 0.00% for CMGG.
They also come from different issuers: Leverage Shares and Direxion. Their fees differ too: 0.75% for CMGG and 1.10% for JDST.
Find the right allocation for CMGG and JDST
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer