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 0.32, 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:
2.53
JNUG:
1.25
GC=F:
3.16
JNUG:
1.84
GC=F:
1.45
JNUG:
1.23
GC=F:
4.66
JNUG:
0.87
GC=F:
12.10
JNUG:
4.64
GC=F:
3.08%
JNUG:
18.66%
GC=F:
14.87%
JNUG:
69.08%
GC=F:
-44.36%
JNUG:
-99.95%
GC=F:
0.00%
JNUG:
-99.84%
Returns By Period
In the year-to-date period, GC=F achieves a 19.62% return, which is significantly lower than JNUG's 68.87% return. Over the past 10 years, GC=F has outperformed JNUG with an annualized return of 8.90%, while JNUG has yielded a comparatively lower -28.71% annualized return.
GC=F
19.62%
10.87%
17.91%
40.63%
12.37%
8.90%
JNUG
68.87%
35.07%
25.89%
82.65%
7.30%
-28.71%
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 2.89%, while Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG) has a volatility of 17.91%. 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.