Direxion Daily Junior Gold Miners Index Bull 2X ETF
$171.38−17.95 (−9.48%)
- Expense ratio
- 1.03%
- Fund size
- $488M
- 1Y return
- +27.4%
- Yield · Last 12 months
- 1.54%
- Holdings
- 8
- Volume · 30D
- 0.3M sh
- NAV per share
- $177.86
- 52W range
The ETF.net JNUG Grade
Score 50 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 48Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 33Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 66Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 73Category rank
Our read on JNUG
CGold's high-octane corner. JNUG aims for 200% of the daily move in an index of junior gold miners, the small exploration and development names that swing hardest when bullion twitches. Running since 2013, built for day-length holding periods.
The fund seeks daily investment results equal to 200% of the performance of the MVIS Global Junior Gold Miners Index, before fees and expenses.
Why people hold it
- Narrow on purpose: it targets junior gold miners through the MVIS Global Junior Gold Miners Index, not the big established producers, then applies 2x daily leverage.
- Live since 2013, so it has traded through several full gold cycles. Long history, one of the more established names in Direxion's leveraged lineup.
- The 1.03% expense ratio is right in line with what leveraged ETFs typically charge, so the niche exposure carries no cost premium over broad-market 2x and 3x funds.
Worth knowing
- The leverage resets every day. Hold past one session and compounding drives the result, which in choppy markets can land well away from 2x the index move.
- Junior miners are among the jumpiest equities out there before any leverage. Doubling the daily move amplifies drops as much as gains.
- At 1.03% a year, the fee is a real drag on anything held for long stretches, which sits awkwardly with a fund designed around single-day results.
JNUG Holdings
- Stocks
- 8
- 100%
- GDXJ SWAP ASSET LEG (GDXJBPL)
Sectors
- Materials100.0%
Geography
- United States100.00%
JNUG Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | JNUG |
|---|---|
| Year to date | −7.3% |
| 1 month | −9.1% |
| 3 months | +33.2% |
| 1 year | +27.4% |
| 3 years | +91.0% |
| 5 years | +28.6% |
| 10 years | −26.1% |
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 | JNUG |
|---|---|---|
| 2026 YTD | −7.3% | |
| 2025 | +478.4% | |
| 2024 | +10.0% | |
| 2023 | −4.8% | |
| 2022 | −43.6% | |
| 2021 | −46.6% | |
| 2020 | −85.5% |
JNUG in the news
ETF.net Research hasn’t filed on JNUG yet — coverage lands here as it’s written.
JNUG Dividends
- 1.54%
- $2.91
- $0.56 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 23, 2026 | Jun 30, 2026 | $0.56 |
| Mar 24, 2026 | Mar 31, 2026 | $1.20 |
| Dec 31, 2025 | Jan 8, 2026 | $0.93 |
| Dec 23, 2025 | Dec 31, 2025 | $0.07 |
| Sep 23, 2025 | Sep 30, 2025 | $0.15 |
| Jun 24, 2025 | Jul 1, 2025 | $0.16 |
| Mar 25, 2025 | Apr 1, 2025 | $0.82 |
| Dec 23, 2024 | Dec 31, 2024 | $0.03 |
| Sep 24, 2024 | Oct 1, 2024 | $0.15 |
| Jun 25, 2024 | Jul 2, 2024 | $0.20 |
| Mar 19, 2024 | Mar 26, 2024 | $0.35 |
| Dec 21, 2023 | Dec 29, 2023 | $0.12 |
JNUG 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.
- 91.3%
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.
- 1.05
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.
- −76.7%
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.
- 0.86
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
JNUG Cost
- The middle half of Leveraged Long (2x & Other) funds
- Median 0.99%
49 of the 93 Leveraged Long (2x & Other) funds charge less.