NUGT vs. NUGY
NUGT (Direxion Daily Gold Miners Index Bull 2X ETF) and NUGY (GraniteShares YieldBOOST Gold Miners ETF) are both exchange-traded funds - NUGT is a Gold fund tracking the MarketVector Global Gold Miners Index (200%), while NUGY is a Derivative Income fund actively managed by GraniteShares. NUGT is passively managed, while NUGY is actively managed. Their correlation of 0.92 means they have usually moved in the same direction. NUGT charges 1.13%/yr vs 1.07%/yr for NUGY.
Performance
NUGT vs. NUGY - Performance Comparison
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Returns By Period
In the year-to-date period, NUGT achieves a -33.26% return, which is significantly lower than NUGY's -4.81% return.
NUGT
- 1D
- 4.91%
- 1M
- -2.95%
- 6M
- -47.01%
- YTD
- -33.26%
- 1Y
- 50.44%
- 3Y*
- 56.79%
- 5Y*
- 17.00%
- 10Y*
- -14.42%
- ALL TIME*
- -33.40%
NUGY
- 1D
- 0.28%
- 1M
- 0.57%
- 6M
- -11.34%
- YTD
- -4.81%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $68.86M | $69.27M | $87.33M | |
| $127.76K | $108.34K | $227.69K |
NUGT vs. NUGY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NUGT Direxion Daily Gold Miners Index Bull 2X ETF | -33.26% | 29.12% |
NUGY GraniteShares YieldBOOST Gold Miners ETF | -4.81% | 3.20% |
Correlation
The correlation between NUGT and NUGY is 0.92, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025 | 0.92 |
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Return for Risk
NUGT vs. NUGY — Risk / Return Rank
NUGT
NUGY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NUGT vs. NUGY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) and GraniteShares YieldBOOST Gold Miners ETF (NUGY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NUGT | NUGY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.17 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.75 | — | — |
| Martin ratioReturn relative to average drawdown | 1.49 | — | — |
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Drawdowns
NUGT vs. NUGY - Drawdown Comparison
The maximum NUGT drawdown since its inception was -99.97%, which is greater than NUGY's maximum drawdown of -19.63%. Use the drawdown chart below to compare losses from any high point for NUGT and NUGY.
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Drawdown Indicators
| NUGT | NUGY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.97% | -19.63% | -80.34% |
Max Drawdown (1Y)Largest decline over 1 year | -67.40% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -67.40% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -73.72% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -96.89% | — | — |
Current DrawdownCurrent decline from peak | -99.84% | -17.38% | -82.46% |
Average DrawdownAverage peak-to-trough decline | -91.59% | -9.76% | -81.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.06% | — | — |
Volatility
NUGT vs. NUGY - Volatility Comparison
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Volatility by Period
| NUGT | NUGY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.55% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 75.17% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 96.19% | 24.44% | +71.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.70% | 24.44% | +49.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 87.37% | 24.44% | +62.93% |
NUGT vs. NUGY - Expense Ratio Comparison
NUGT has a 1.13% expense ratio, which is higher than NUGY's 1.07% expense ratio.
Dividends
NUGT vs. NUGY - Dividend Comparison
NUGT's dividend yield for the trailing twelve months is around 0.59%, less than NUGY's 93.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
NUGT Direxion Daily Gold Miners Index Bull 2X ETF | 0.59% | 0.22% | 1.79% | 1.67% | 0.70% | 0.00% | 0.00% | 0.63% | 0.57% |
NUGY GraniteShares YieldBOOST Gold Miners ETF | 93.66% | 12.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.92, NUGT and NUGY move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, NUGY is cheaper at 1.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NUGY is cheaper with a 1.07% expense ratio, compared with 1.13% for NUGT.
NUGY has the higher dividend yield at 93.66%, compared with 0.59% for NUGT.
NUGT is categorized as Gold, while NUGY is Derivative Income. They also come from different issuers: Direxion and GraniteShares. Their fees differ too: 1.13% for NUGT and 1.07% for NUGY.
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