GC=F vs. JNUG
Compare and contrast key facts about Gold (GC=F) and Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG).
JNUG is a passively managed fund by Direxion that tracks the performance of the MVIS Global Junior 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: GC=F or JNUG.
Correlation
The correlation between GC=F and JNUG is 0.31, 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
GC=F vs. JNUG - Performance Comparison
Key characteristics
GC=F:
2.44
JNUG:
0.95
GC=F:
3.03
JNUG:
1.59
GC=F:
1.44
JNUG:
1.19
GC=F:
4.55
JNUG:
0.66
GC=F:
11.44
JNUG:
3.74
GC=F:
3.18%
JNUG:
17.75%
GC=F:
14.51%
JNUG:
70.17%
GC=F:
-44.36%
JNUG:
-99.95%
GC=F:
-0.84%
JNUG:
-99.89%
Returns By Period
In the year-to-date period, GC=F achieves a 5.17% return, which is significantly lower than JNUG's 19.10% return. Over the past 10 years, GC=F has outperformed JNUG with an annualized return of 6.96%, while JNUG has yielded a comparatively lower -35.29% annualized return.
GC=F
5.17%
5.19%
15.00%
36.90%
10.65%
6.96%
JNUG
19.10%
16.77%
0.55%
67.92%
-42.98%
-35.29%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
GC=F vs. JNUG — Risk-Adjusted Performance Rank
GC=F
JNUG
GC=F vs. JNUG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gold (GC=F) and Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG). 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
GC=F vs. JNUG - Drawdown Comparison
The maximum GC=F drawdown since its inception was -44.36%, smaller than the maximum JNUG drawdown of -99.95%. Use the drawdown chart below to compare losses from any high point for GC=F and JNUG. For additional features, visit the drawdowns tool.
Volatility
GC=F vs. JNUG - Volatility Comparison
The current volatility for Gold (GC=F) is 3.44%, while Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG) has a volatility of 14.90%. This indicates that GC=F experiences smaller price fluctuations and is considered to be less risky than JNUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.