JNUG vs. GC=F
Compare and contrast key facts about Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG) and Gold (GC=F).
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: JNUG or GC=F.
Key characteristics
| JNUG | GC=F | |
|---|---|---|
| YTD Return | 43.76% | 30.31% |
| 1Y Return | 81.56% | 36.82% |
| 3Y Return (Ann) | -12.96% | 12.19% |
| 5Y Return (Ann) | -38.17% | 11.47% |
| 10Y Return (Ann) | -35.34% | 7.71% |
| Sharpe Ratio | 1.16 | 2.33 |
| Sortino Ratio | 1.81 | 3.00 |
| Omega Ratio | 1.21 | 1.42 |
| Calmar Ratio | 0.82 | 5.85 |
| Martin Ratio | 4.89 | 13.47 |
| Ulcer Index | 16.66% | 2.40% |
| Daily Std Dev | 70.18% | 13.98% |
| Max Drawdown | -99.95% | -44.36% |
| Current Drawdown | -99.87% | -3.62% |
Correlation
The correlation between JNUG and GC=F 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
JNUG vs. GC=F - Performance Comparison
In the year-to-date period, JNUG achieves a 43.76% return, which is significantly higher than GC=F's 30.31% return. Over the past 10 years, JNUG has underperformed GC=F with an annualized return of -35.34%, while GC=F has yielded a comparatively higher 7.71% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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
JNUG vs. GC=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG) 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
JNUG vs. GC=F - Drawdown Comparison
The maximum JNUG drawdown since its inception was -99.95%, 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 JNUG and GC=F. For additional features, visit the drawdowns tool.
Volatility
JNUG vs. GC=F - Volatility Comparison
Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG) has a higher volatility of 18.64% compared to Gold (GC=F) at 4.30%. This indicates that JNUG'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.