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:
2.31
JNUG:
1.57
GC=F:
2.86
JNUG:
2.12
GC=F:
1.41
JNUG:
1.25
GC=F:
4.33
JNUG:
1.09
GC=F:
10.89
JNUG:
5.98
GC=F:
3.18%
JNUG:
18.18%
GC=F:
14.76%
JNUG:
69.42%
GC=F:
-44.36%
JNUG:
-99.95%
GC=F:
-0.08%
JNUG:
-99.87%
Returns By Period
In the year-to-date period, GC=F achieves a 11.73% return, which is significantly lower than JNUG's 35.05% return. Over the past 10 years, GC=F has outperformed JNUG with an annualized return of 8.26%, while JNUG has yielded a comparatively lower -32.66% annualized return.
GC=F
11.73%
6.14%
17.11%
45.45%
10.84%
8.26%
JNUG
35.05%
13.00%
7.02%
117.48%
-44.32%
-32.66%
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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 3.97%, while Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG) has a volatility of 18.77%. 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.