JNUG vs. URTY
Compare and contrast key facts about Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG) and ProShares UltraPro Russell2000 (URTY).
JNUG and URTY 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. URTY is a passively managed fund by ProShares that tracks the performance of the Russell 2000 Index (300%). It was launched on Feb 9, 2010. Both JNUG and URTY 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 URTY.
Key characteristics
| JNUG | URTY | |
|---|---|---|
| YTD Return | 24.40% | 36.24% |
| 1Y Return | 65.99% | 120.75% |
| 3Y Return (Ann) | -19.61% | -20.84% |
| 5Y Return (Ann) | -41.12% | -2.94% |
| 10Y Return (Ann) | -36.60% | 3.94% |
| Sharpe Ratio | 0.88 | 1.87 |
| Sortino Ratio | 1.55 | 2.46 |
| Omega Ratio | 1.18 | 1.30 |
| Calmar Ratio | 0.63 | 1.54 |
| Martin Ratio | 3.71 | 9.41 |
| Ulcer Index | 16.87% | 12.81% |
| Daily Std Dev | 70.99% | 64.55% |
| Max Drawdown | -99.95% | -88.09% |
| Current Drawdown | -99.89% | -52.19% |
Correlation
The correlation between JNUG and URTY is 0.16, 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. URTY - Performance Comparison
In the year-to-date period, JNUG achieves a 24.40% return, which is significantly lower than URTY's 36.24% return. Over the past 10 years, JNUG has underperformed URTY with an annualized return of -36.60%, while URTY has yielded a comparatively higher 3.94% 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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JNUG vs. URTY - Expense Ratio Comparison
JNUG has a 1.17% expense ratio, which is higher than URTY's 0.95% expense ratio.
Risk-Adjusted Performance
JNUG vs. URTY - 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 UltraPro Russell2000 (URTY). 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.
Dividends
JNUG vs. URTY - Dividend Comparison
JNUG's dividend yield for the trailing twelve months is around 1.98%, more than URTY's 0.65% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
JNUG Direxion Daily Junior Gold Miners Index Bull 2x Shares | 1.98% | 1.62% | 0.00% | 0.52% | 0.10% | 0.49% | 0.05% | 0.52% | 0.00% | 0.00% | 4.64% |
URTY ProShares UltraPro Russell2000 | 0.65% | 0.55% | 0.28% | 0.00% | 0.00% | 0.18% | 0.27% | 0.00% | 0.03% | 0.00% | 0.00% |
Drawdowns
JNUG vs. URTY - Drawdown Comparison
The maximum JNUG drawdown since its inception was -99.95%, which is greater than URTY's maximum drawdown of -88.09%. Use the drawdown chart below to compare losses from any high point for JNUG and URTY. For additional features, visit the drawdowns tool.
Volatility
JNUG vs. URTY - Volatility Comparison
Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG) and ProShares UltraPro Russell2000 (URTY) have volatilities of 21.74% and 21.55%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.