JNUG vs. NUGT
Compare and contrast key facts about Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG) and Direxion Daily Gold Miners Bull 2X Shares (NUGT).
JNUG and NUGT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. NUGT is a passively managed fund by Direxion that tracks the performance of the NYSE Arca Gold Miners Index (300%). It was launched on Apr 1, 2020. Both JNUG and NUGT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JNUG or NUGT.
Correlation
The correlation between JNUG and NUGT is 0.14, 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. NUGT - Performance Comparison
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Key characteristics
JNUG:
0.61
NUGT:
0.63
JNUG:
1.36
NUGT:
1.27
JNUG:
1.17
NUGT:
1.16
JNUG:
0.52
NUGT:
0.45
JNUG:
2.71
NUGT:
2.37
JNUG:
19.14%
NUGT:
18.91%
JNUG:
77.45%
NUGT:
68.30%
JNUG:
-99.95%
NUGT:
-99.97%
JNUG:
-99.84%
NUGT:
-99.92%
Returns By Period
The year-to-date returns for both investments are quite close, with JNUG having a 69.90% return and NUGT slightly higher at 71.46%. Over the past 10 years, JNUG has underperformed NUGT with an annualized return of -30.16%, while NUGT has yielded a comparatively higher -18.24% annualized return.
JNUG
69.90%
-20.92%
57.29%
46.88%
-8.00%
-30.16%
NUGT
71.46%
-22.16%
57.12%
42.77%
-4.61%
-18.24%
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JNUG vs. NUGT - Expense Ratio Comparison
JNUG has a 1.17% expense ratio, which is lower than NUGT's 1.23% expense ratio.
Risk-Adjusted Performance
JNUG vs. NUGT — Risk-Adjusted Performance Rank
JNUG
NUGT
JNUG vs. NUGT - 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 Direxion Daily Gold Miners Bull 2X Shares (NUGT). 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.
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Dividends
JNUG vs. NUGT - Dividend Comparison
JNUG's dividend yield for the trailing twelve months is around 1.97%, more than NUGT's 0.96% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNUG Direxion Daily Junior Gold Miners Index Bull 2x Shares | 1.97% | 2.01% | 1.62% | 0.00% | 0.52% | 0.10% | 0.49% | 0.05% | 0.52% | 0.00% | 0.00% | 4.64% |
NUGT Direxion Daily Gold Miners Bull 2X Shares | 0.96% | 1.79% | 1.67% | 0.70% | 0.00% | 0.00% | 0.63% | 0.57% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
JNUG vs. NUGT - Drawdown Comparison
The maximum JNUG drawdown since its inception was -99.95%, roughly equal to the maximum NUGT drawdown of -99.97%. Use the drawdown chart below to compare losses from any high point for JNUG and NUGT. For additional features, visit the drawdowns tool.
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Volatility
JNUG vs. NUGT - Volatility Comparison
Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG) has a higher volatility of 29.43% compared to Direxion Daily Gold Miners Bull 2X Shares (NUGT) at 26.02%. This indicates that JNUG's price experiences larger fluctuations and is considered to be riskier than NUGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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