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.
Key characteristics
| GC=F | JNUG | |
|---|---|---|
| YTD Return | 29.31% | 40.87% |
| 1Y Return | 35.59% | 67.88% |
| 3Y Return (Ann) | 12.16% | -12.05% |
| 5Y Return (Ann) | 11.32% | -38.47% |
| 10Y Return (Ann) | 7.57% | -35.92% |
| Sharpe Ratio | 2.32 | 0.88 |
| Sortino Ratio | 2.98 | 1.55 |
| Omega Ratio | 1.42 | 1.18 |
| Calmar Ratio | 5.80 | 0.62 |
| Martin Ratio | 13.39 | 3.73 |
| Ulcer Index | 2.40% | 16.60% |
| Daily Std Dev | 13.96% | 70.19% |
| Max Drawdown | -44.36% | -99.95% |
| Current Drawdown | -4.36% | -99.88% |
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
In the year-to-date period, GC=F achieves a 29.31% return, which is significantly lower than JNUG's 40.87% return. Over the past 10 years, GC=F has outperformed JNUG with an annualized return of 7.57%, while JNUG has yielded a comparatively lower -35.92% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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 4.35%, while Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG) has a volatility of 17.29%. 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.