URTY vs. JNUG
Compare and contrast key facts about ProShares UltraPro Russell2000 (URTY) and Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG).
URTY and JNUG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. 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. Both URTY and JNUG 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: URTY or JNUG.
Key characteristics
| URTY | JNUG | |
|---|---|---|
| YTD Return | 37.65% | 43.76% |
| 1Y Return | 130.59% | 81.56% |
| 3Y Return (Ann) | -21.12% | -12.96% |
| 5Y Return (Ann) | -3.11% | -38.17% |
| 10Y Return (Ann) | 3.86% | -35.34% |
| Sharpe Ratio | 1.85 | 1.16 |
| Sortino Ratio | 2.45 | 1.81 |
| Omega Ratio | 1.29 | 1.21 |
| Calmar Ratio | 1.51 | 0.82 |
| Martin Ratio | 9.33 | 4.89 |
| Ulcer Index | 12.80% | 16.66% |
| Daily Std Dev | 64.45% | 70.18% |
| Max Drawdown | -88.09% | -99.95% |
| Current Drawdown | -51.70% | -99.87% |
Correlation
The correlation between URTY and JNUG 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
URTY vs. JNUG - Performance Comparison
In the year-to-date period, URTY achieves a 37.65% return, which is significantly lower than JNUG's 43.76% return. Over the past 10 years, URTY has outperformed JNUG with an annualized return of 3.86%, while JNUG has yielded a comparatively lower -35.34% 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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URTY vs. JNUG - Expense Ratio Comparison
URTY has a 0.95% expense ratio, which is lower than JNUG's 1.17% expense ratio.
Risk-Adjusted Performance
URTY vs. JNUG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro Russell2000 (URTY) and Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG). 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
URTY vs. JNUG - Dividend Comparison
URTY's dividend yield for the trailing twelve months is around 0.65%, less than JNUG's 1.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
JNUG Direxion Daily Junior Gold Miners Index Bull 2x Shares | 1.72% | 1.62% | 0.00% | 0.52% | 0.10% | 0.49% | 0.05% | 0.52% | 0.00% | 0.00% | 4.64% |
Drawdowns
URTY vs. JNUG - Drawdown Comparison
The maximum URTY drawdown since its inception was -88.09%, smaller than the maximum JNUG drawdown of -99.95%. Use the drawdown chart below to compare losses from any high point for URTY and JNUG. For additional features, visit the drawdowns tool.
Volatility
URTY vs. JNUG - Volatility Comparison
ProShares UltraPro Russell2000 (URTY) has a higher volatility of 20.88% compared to Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG) at 18.68%. This indicates that URTY's price experiences larger fluctuations and is considered to be riskier than JNUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.