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.
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
Key characteristics
JNUG:
0.19
GC=F:
2.06
JNUG:
0.76
GC=F:
2.59
JNUG:
1.09
GC=F:
1.37
JNUG:
0.13
GC=F:
3.78
JNUG:
0.68
GC=F:
10.45
JNUG:
19.22%
GC=F:
2.89%
JNUG:
70.61%
GC=F:
14.53%
JNUG:
-99.95%
GC=F:
-44.36%
JNUG:
-99.90%
GC=F:
-5.73%
Returns By Period
In the year-to-date period, JNUG achieves a 12.15% return, which is significantly lower than GC=F's 27.46% return. Over the past 10 years, JNUG has underperformed GC=F with an annualized return of -32.15%, while GC=F has yielded a comparatively higher 7.37% annualized return.
JNUG
12.15%
-15.01%
-1.69%
7.67%
-42.68%
-32.15%
GC=F
27.46%
-0.74%
13.48%
28.91%
10.83%
7.37%
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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 21.74% compared to Gold (GC=F) at 5.48%. 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.