NUGT vs. JDST
Compare and contrast key facts about Direxion Daily Gold Miners Bull 2X Shares (NUGT) and Direxion Daily Junior Gold Miners Index Bear 2X Shares (JDST).
NUGT and JDST are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. JDST 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. Both NUGT and JDST 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: NUGT or JDST.
Correlation
The correlation between NUGT and JDST is -1.00. 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
NUGT vs. JDST - Performance Comparison
Loading data...
Key characteristics
NUGT:
66.72%
JDST:
128.88%
NUGT:
-99.97%
JDST:
-11.66%
NUGT:
-99.91%
JDST:
-11.27%
Returns By Period
NUGT
104.42%
1.10%
53.87%
73.93%
1.82%
-17.81%
JDST
N/A
N/A
N/A
N/A
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NUGT vs. JDST - Expense Ratio Comparison
NUGT has a 1.23% expense ratio, which is higher than JDST's 1.10% expense ratio.
Risk-Adjusted Performance
NUGT vs. JDST — Risk-Adjusted Performance Rank
NUGT
JDST
NUGT vs. JDST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Gold Miners Bull 2X Shares (NUGT) and Direxion Daily Junior Gold Miners Index Bear 2X Shares (JDST). 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.
Loading data...
Dividends
NUGT vs. JDST - Dividend Comparison
NUGT's dividend yield for the trailing twelve months is around 0.81%, less than JDST's 11.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NUGT Direxion Daily Gold Miners Bull 2X Shares | 0.81% | 1.79% | 1.67% | 0.70% | 0.00% | 0.00% | 0.63% | 0.57% | 0.00% | 0.00% | 0.00% | 0.00% |
JDST Direxion Daily Junior Gold Miners Index Bear 2X Shares | 11.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NUGT vs. JDST - Drawdown Comparison
The maximum NUGT drawdown since its inception was -99.97%, which is greater than JDST's maximum drawdown of -11.66%. Use the drawdown chart below to compare losses from any high point for NUGT and JDST. For additional features, visit the drawdowns tool.
Loading data...
Volatility
NUGT vs. JDST - Volatility Comparison
Loading data...