DUST vs. GC=F
Compare and contrast key facts about Direxion Daily Gold Miners Bear 2X Shares (DUST) and Gold (GC=F).
DUST is a passively managed fund by Direxion that tracks the performance of the NYSE Arca Gold Miners Index (-300%). It was launched on Apr 1, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DUST or GC=F.
Correlation
The correlation between DUST and GC=F is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
DUST vs. GC=F - Performance Comparison
Key characteristics
DUST:
-0.99
GC=F:
2.34
DUST:
-1.75
GC=F:
3.01
DUST:
0.81
GC=F:
1.42
DUST:
-0.65
GC=F:
4.95
DUST:
-1.94
GC=F:
12.57
DUST:
33.72%
GC=F:
3.15%
DUST:
66.14%
GC=F:
16.66%
DUST:
-100.00%
GC=F:
-44.36%
DUST:
-100.00%
GC=F:
-1.17%
Returns By Period
In the year-to-date period, DUST achieves a -57.55% return, which is significantly lower than GC=F's 28.04% return. Over the past 10 years, DUST has underperformed GC=F with an annualized return of -57.90%, while GC=F has yielded a comparatively higher 9.46% annualized return.
DUST
-57.55%
-23.20%
-38.07%
-64.38%
-37.31%
-57.90%
GC=F
28.04%
11.33%
23.09%
44.82%
12.55%
9.46%
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Risk-Adjusted Performance
DUST vs. GC=F — Risk-Adjusted Performance Rank
DUST
GC=F
DUST vs. GC=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Gold Miners Bear 2X Shares (DUST) and Gold (GC=F). 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.
Drawdowns
DUST vs. GC=F - Drawdown Comparison
The maximum DUST drawdown since its inception was -100.00%, which is greater than GC=F's maximum drawdown of -44.36%. Use the drawdown chart below to compare losses from any high point for DUST and GC=F. For additional features, visit the drawdowns tool.
Volatility
DUST vs. GC=F - Volatility Comparison
Direxion Daily Gold Miners Bear 2X Shares (DUST) has a higher volatility of 31.73% compared to Gold (GC=F) at 9.01%. This indicates that DUST's price experiences larger fluctuations and is considered to be riskier than GC=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.