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JNUG vs. UGL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between JNUG and UGL is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

JNUG vs. UGL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG) and ProShares Ultra Gold (UGL). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

JNUG:

0.54

UGL:

1.64

Sortino Ratio

JNUG:

1.38

UGL:

2.26

Omega Ratio

JNUG:

1.17

UGL:

1.28

Calmar Ratio

JNUG:

0.54

UGL:

1.64

Martin Ratio

JNUG:

2.81

UGL:

9.37

Ulcer Index

JNUG:

19.17%

UGL:

6.72%

Daily Std Dev

JNUG:

77.23%

UGL:

36.39%

Max Drawdown

JNUG:

-99.95%

UGL:

-75.93%

Current Drawdown

JNUG:

-99.83%

UGL:

-11.77%

Returns By Period

In the year-to-date period, JNUG achieves a 78.32% return, which is significantly higher than UGL's 43.25% return. Over the past 10 years, JNUG has underperformed UGL with an annualized return of -29.88%, while UGL has yielded a comparatively higher 13.02% annualized return.


JNUG

YTD

78.32%

1M

-14.41%

6M

49.99%

1Y

41.24%

3Y*

9.42%

5Y*

-8.71%

10Y*

-29.88%

UGL

YTD

43.25%

1M

-6.45%

6M

43.62%

1Y

58.96%

3Y*

31.17%

5Y*

16.38%

10Y*

13.02%

*Annualized

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ProShares Ultra Gold

JNUG vs. UGL - Expense Ratio Comparison

JNUG has a 1.17% expense ratio, which is higher than UGL's 0.95% expense ratio.


Risk-Adjusted Performance

JNUG vs. UGL — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JNUG
The Risk-Adjusted Performance Rank of JNUG is 6565
Overall Rank
The Sharpe Ratio Rank of JNUG is 5252
Sharpe Ratio Rank
The Sortino Ratio Rank of JNUG is 7878
Sortino Ratio Rank
The Omega Ratio Rank of JNUG is 7272
Omega Ratio Rank
The Calmar Ratio Rank of JNUG is 5656
Calmar Ratio Rank
The Martin Ratio Rank of JNUG is 6868
Martin Ratio Rank

UGL
The Risk-Adjusted Performance Rank of UGL is 9191
Overall Rank
The Sharpe Ratio Rank of UGL is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of UGL is 9292
Sortino Ratio Rank
The Omega Ratio Rank of UGL is 8989
Omega Ratio Rank
The Calmar Ratio Rank of UGL is 9090
Calmar Ratio Rank
The Martin Ratio Rank of UGL is 9393
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

JNUG vs. UGL - 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 ProShares Ultra Gold (UGL). 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.


The current JNUG Sharpe Ratio is 0.54, which is lower than the UGL Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of JNUG and UGL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

JNUG vs. UGL - Dividend Comparison

JNUG's dividend yield for the trailing twelve months is around 1.87%, while UGL has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
JNUG
Direxion Daily Junior Gold Miners Index Bull 2x Shares
1.87%2.01%1.62%0.00%0.52%0.10%0.49%0.05%0.52%0.00%0.00%4.64%
UGL
ProShares Ultra Gold
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

JNUG vs. UGL - Drawdown Comparison

The maximum JNUG drawdown since its inception was -99.95%, which is greater than UGL's maximum drawdown of -75.93%. Use the drawdown chart below to compare losses from any high point for JNUG and UGL. For additional features, visit the drawdowns tool.


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Volatility

JNUG vs. UGL - Volatility Comparison

Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG) has a higher volatility of 29.94% compared to ProShares Ultra Gold (UGL) at 17.16%. This indicates that JNUG's price experiences larger fluctuations and is considered to be riskier than UGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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