---
ticker: "NUGT"
name: "Direxion Daily Gold Miners Index Bull 2X ETF"
url: "https://etf.net/etf/NUGT"
grade: "C"
score: 48
graded_at: "2026-10-12"
category: "Leveraged Long (2x & Other)"
category_rank: "24 of 99"
methodology: "https://etf.net/methodology"
---

# NUGT: Direxion Daily Gold Miners Index Bull 2X ETF

Grade **C**, Score 48 of 100. Rank 24 of 99 in Leveraged Long (2x & Other).

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 39 | 60 of 99 |
| Mission | Not scored | — |
| Risk | 33 | 74 of 96 |
| Tradability | 76 | 13 of 99 |
| Holdings | Not scored | — |
| Durability | 75 | 11 of 99 |

## Top holdings

The fund holds 10 positions. These are the largest 10, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | GDX | Vaneck Gold Miners Etf | 21.21% |
| 2 | — | Gdx Swap Asset Leg (Gdxctl) | 12.32% |
| 3 | — | Gdx Swap Asset Leg (Gdxmll) | 12.20% |
| 4 | — | Dreyfus Govt Cash Man Ins | 11.83% |
| 5 | — | Gdx Swap Asset Leg (Gdxjpl) | 11.41% |
| 6 | — | Gdx Swap Asset Leg (Gdxgsl) | 10.99% |
| 7 | — | Gdx Swap Asset Leg (Gdxubl) | 7.93% |
| 8 | — | Gdx Swap Asset Leg (Gdxbpl) | 5.71% |
| 9 | — | Goldman Finl Sq Trsry Inst 506 | 4.25% |
| 10 | — | Dreyfus Trsry Securities Cash Mgmt | 2.13% |

Source: etf.net, https://etf.net/etf/NUGT. Please cite the page URL.