NUGT vs. CRT
Compare and contrast key facts about Direxion Daily Gold Miners Bull 2X Shares (NUGT) and Cross Timbers Royalty Trust (CRT).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NUGT or CRT.
Key characteristics
| NUGT | CRT | |
|---|---|---|
| YTD Return | 13.01% | -39.20% |
| 1Y Return | 37.26% | -44.36% |
| 3Y Return (Ann) | -11.99% | -1.84% |
| 5Y Return (Ann) | -21.40% | 14.31% |
| 10Y Return (Ann) | -23.05% | -1.14% |
| Sharpe Ratio | 0.78 | -1.14 |
| Sortino Ratio | 1.39 | -1.78 |
| Omega Ratio | 1.17 | 0.78 |
| Calmar Ratio | 0.49 | -0.68 |
| Martin Ratio | 3.23 | -1.30 |
| Ulcer Index | 15.30% | 34.57% |
| Daily Std Dev | 63.34% | 39.60% |
| Max Drawdown | -99.97% | -83.46% |
| Current Drawdown | -99.95% | -61.57% |
Correlation
The correlation between NUGT and CRT is 0.11, 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
NUGT vs. CRT - Performance Comparison
In the year-to-date period, NUGT achieves a 13.01% return, which is significantly higher than CRT's -39.20% return. Over the past 10 years, NUGT has underperformed CRT with an annualized return of -23.05%, while CRT has yielded a comparatively higher -1.14% 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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Risk-Adjusted Performance
NUGT vs. CRT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Gold Miners Bull 2X Shares (NUGT) and Cross Timbers Royalty Trust (CRT). 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
NUGT vs. CRT - Dividend Comparison
NUGT's dividend yield for the trailing twelve months is around 1.83%, less than CRT's 10.79% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NUGT Direxion Daily Gold Miners Bull 2X Shares | 1.83% | 1.66% | 0.70% | 0.00% | 0.00% | 0.63% | 0.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CRT Cross Timbers Royalty Trust | 10.79% | 10.97% | 7.69% | 9.70% | 9.44% | 10.05% | 13.08% | 6.86% | 5.90% | 10.41% | 15.33% | 7.88% |
Drawdowns
NUGT vs. CRT - Drawdown Comparison
The maximum NUGT drawdown since its inception was -99.97%, which is greater than CRT's maximum drawdown of -83.46%. Use the drawdown chart below to compare losses from any high point for NUGT and CRT. For additional features, visit the drawdowns tool.
Volatility
NUGT vs. CRT - Volatility Comparison
Direxion Daily Gold Miners Bull 2X Shares (NUGT) has a higher volatility of 20.82% compared to Cross Timbers Royalty Trust (CRT) at 8.47%. This indicates that NUGT's price experiences larger fluctuations and is considered to be riskier than CRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.