Direxion Daily Junior Gold Miners Index Bear 2X ETF
BThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.
$26.54+0.98 (+3.83%)
- 0.92%
- $32M
- −68.3%
- 5.95%
- 0.6M sh
- $24.88
- low $18.95high $101.00
The ETF.net JDST Grade
B
Score 64 out of 100
- 14 of 54
Score 64 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A96 out of 100Rank 3 of 54Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F18 out of 100Rank 51 of 53Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C50 out of 100Rank 28 of 54Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C52 out of 100Rank 24 of 54
Our read on JDST
BThe gold trade's wildest corner, played from the short side. JDST targets 200% of the inverse of the junior gold miners index each day, then resets at the bell. A tactical instrument, priced below the leveraged-bear norm.
JDST seeks daily investment results, before fees and expenses, equal to 200% of the inverse performance of the MVIS Global Junior Gold Miners Index.
Why people hold it
- Charges 0.92% a year, below the going rate in the leveraged bear aisle, where fees usually sting.
- One job, stated plainly: 200% of the inverse of the MVIS Global Junior Gold Miners Index, daily, before fees. No manager discretion, no drift into other bets.direxion.com
- Actively traded, which is what counts for a vehicle built to be held in short stretches and watched every day.
- Running since 2013, through full boom and bust cycles in gold, and one of the stronger builds in its leveraged bear peer group.
Worth knowing
- The -2x target applies to a single day. Hold longer and compounding takes the wheel: results can diverge sharply from twice the index's inverse move, especially in choppy markets.direxion.com
- Junior miners are the twitchiest slice of gold equities. Double the exposure and flip the sign, and daily moves get large in both directions.
- The asset base is small, something to weigh when sizing a position. Distributions, when paid, come on a quarterly schedule.
JDST Holdings
- Other
- 4
- 215%
- Gdxj Swap Asset Leg (Gdxjubs)
JDST Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
JDST$3,174
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | JDST |
|---|---|
| Year to date | −49.9% |
| 1 month | +18.6% |
| 3 months | −36.2% |
| 1 year | −68.3% |
| 3 years | −74.5% |
| 5 years | −59.2% |
| 10 years | −63.7% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | JDST |
|---|---|---|
| 2026 YTD | −49.9% | |
| 2025 | −91.2% | |
| 2024 | −43.9% | |
| 2023 | −31.1% | |
| 2022 | −26.2% | |
| 2021 | +11.0% | |
| 2020 | −96.0% |
JDST in the news
JDST Dividends
- 5.95%
- $1.52
- $0.21 per share
- Quarterly
Distribution history
JDST Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- 76.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −1.36
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −99.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- −1.13
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
JDST Cost
0.92%
JDST0.92%
- The middle half of Leveraged Inverse (2x & Other) funds
- Median 1.44%
2 of the 53 Leveraged Inverse (2x & Other) funds charge less.
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