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 suggests significant overlap in exposure. 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 -37.58% return, which is significantly lower than NUGY's -5.22% return.
NUGT
- 1D
- 4.04%
- 1M
- -14.45%
- 6M
- -50.47%
- YTD
- -37.58%
- 1Y
- 52.80%
- 3Y*
- 44.99%
- 5Y*
- 14.43%
- 10Y*
- -15.01%
NUGY
- 1D
- 0.97%
- 1M
- -2.19%
- 6M
- -10.97%
- YTD
- -5.22%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NUGT vs. NUGY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NUGT Direxion Daily Gold Miners Index Bull 2X ETF | -37.58% | 29.12% |
NUGY GraniteShares YieldBOOST Gold Miners ETF | -5.22% | 3.20% |
Correlation
The correlation between NUGT and NUGY is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| 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 | 0.82 | — | — |
| Martin ratioReturn relative to average drawdown | 1.75 | — | — |
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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 -19.11%. 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% | -19.11% | -80.86% |
Max Drawdown (1Y)Largest decline over 1 year | -64.82% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -64.82% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -73.72% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -96.91% | — | — |
Current DrawdownCurrent decline from peak | -99.85% | -17.74% | -82.11% |
Average DrawdownAverage peak-to-trough decline | -91.56% | -8.98% | -82.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.29% | — | — |
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 | 27.51% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 80.24% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 95.08% | 25.20% | +69.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.31% | 25.20% | +48.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 87.69% | 25.20% | +62.49% |
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 0.63%, less than NUGY's 87.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
NUGT Direxion Daily Gold Miners Index Bull 2X ETF | 0.63% | 0.22% | 1.79% | 1.67% | 0.70% | 0.00% | 0.00% | 0.63% | 0.57% |
NUGY GraniteShares YieldBOOST Gold Miners ETF | 87.11% | 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 87.11%, compared with 0.63% 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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