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JNUG vs UYG

Direxion Daily Junior Gold Miners Index Bull 2X ETF

JNUGDNYSE Arca

ProShares Ultra Financials

UYGANYSE Arca

Overlap

0.0%by weight

Expense ratio

UYG −0.10pt a year

JNUG1.03%UYG0.93%

Avg volume · 30D

JNUG 16.4×the volume

JNUG283KUYG17.3K

10Y return · a year

UYG +43.6pt

JNUG−26.6%UYG+17.0%

JNUG vs UYG Performance

Oct 29, 2021 – Oct 30, 2026

+61.3%JNUG+56.5%UYG

Oct 29, 2021 to Oct 30, 2026. JNUG +61.3%. UYG +56.5%. Use the arrow keys to read each point.200%300%400%Oct 2021Apr 2024Oct 2026
Expense ratio
JNUG 1.03%
UYG 0.93%, better
Fund size
JNUG $347M
UYG $777M
1Y total return
JNUG −26.7%
UYG +11.5%, better
Yield (12M)
JNUG 3.49%
UYG 11.13%, better
Holdings
JNUG 7
UYG 83
Avg volume (30D)
JNUG 283K sh, better
UYG 17.3K sh
NAV per share
JNUG $114.05
UYG $93.27
52W range

ETF.net Grade

JNUG: Cost 21, Risk 34, Mission not scored, Tradability 56, Holdings not scored, Durability 73. UYG: Cost 70, Risk 76, Mission not scored, Tradability 78, Holdings not scored, Durability 80.
Pillar letters and Scores for JNUG, UYG, with each pillar’s weight
PillarJNUGUYG
Cost30% weightF21A70Higher
Mission25% weightNot scoredNot scored
Risk15% weightD34A76Higher
Tradability15% weightB56A78Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA73A80Higher

Rank among Leveraged Long (2x & Other) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. JNUG and UYG are both graded against the same 95 Leveraged Long (2x & Other) funds, so their Grades compare head to head.

Leveraged Long (2x & Other)⁠

Category · 95 funds
See all 95 ›

UYG ranks 2nd and JNUG 74th of 95 funds in the Leveraged Long (2x & Other) Category.

  1. Rank 1AQLDProShares Ultra QQQScore 77
  2. Rank 2AUYGProShares Ultra FinancialsScore 74
  3. Rank 3AROMProShares Ultra TechnologyScore 71
  4. Rank 71DUPLTProShares Ultra Platinum K-1 Free ETFScore 38
  5. Rank 74DJNUGDirexion Daily Junior Gold Miners Index Bull 2X ETFScore 36
  6. Rank 75DCHAUDirexion Daily CSI 300 China A Share Bull 2X SharesScore 35

Our read on each fund

ETF.net Research

JNUGDDirexion Daily Junior Gold Miners Index Bull 2X ETF

UYGAProShares Ultra Financials

In short

JNUG Gold'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.

UYG Listed in January 2007, a year before the banking crash, UYG targets 2x the daily move of the financial stocks in the S&P 500. A veteran of the leveraged shelf, priced at 0.93% with no fee waiver propping that number up.

Stated mandate

JNUG The fund seeks daily investment results equal to 200% of the performance of the MVIS Global Junior Gold Miners Index, before fees and expenses.

UYG UYG seeks pre-expense daily results equal to 2x the daily performance of the S&P Financial Select Sector Index. It is designed to provide magnified financials-sector exposure on a daily basis.

Why people hold it

  • JNUG 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.
  • UYG One of the originals: on the tape since January 30, 2007, still running the same mandate of 2x the daily performance of the S&P Financial Select Sector Index.proshares.com
  • At 0.93% with no waiver doing the work, it sits near the median fee of its leveraged peer group and level with sibling ROM (0.93%). QLD is 0.89%, but net of a waiver through September 30, 2027.
  • The whole sector in one ticker: banks, insurers and capital-markets firms from the S&P 500, roughly 80 names, geared daily.proshares.com
  • Stands in the top tier of the leveraged bull funds we grade, a group of close to a hundred tickers.

Worth knowing

  • JNUG 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.
  • UYG The 2x target is a one-day target and resets each day. Over longer holds the result comes from compounding daily moves, and in choppy markets that can land well off twice the index's return for the period.proshares.com
  • One sector, doubled. Financials move with rates, credit conditions and deal flow, and UYG amplifies that daily swing in both directions.
  • It changes hands less than the headline leveraged funds, so the spread is worth a look before you place an order.

Full JNUG profile⁠

Full UYG profile⁠

JNUG vs UYG Holdings

How JNUG and UYG differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of JNUG and 0.0% of UYG.

Level by level

  • Sector4 Sectors0.0%
  • Holdings0 in both0.0%
  • Countryby domicile14.1%
  • Asset classEquity100%

Sector

Sector weights in JNUG and UYG, widest gap first
SectorMore in JNUGMore in UYG
MaterialsJNUG +100.0 points
FinancialsUYG +98.2 points
TechnologyUYG +1.6 points
IndustrialsUYG +0.2 points

Country, concentration and asset class

Country by domicile

Country weights in JNUG and UYG, widest gap first
CountryMore in JNUGMore in UYG
United StatesUYG +84.3 points
CanadaJNUG +53.0 points
AustraliaJNUG +13.3 points
United KingdomJNUG +7.8 points
South AfricaJNUG +3.3 points
MexicoJNUG +2.8 points
ChinaJNUG +2.4 points
PeruJNUG +1.7 points
Other countries (4)UYG +0.1 points

Outside the US: JNUG 86% developed, 14% emerging.

Concentration

Weight in the 10 largest Holdings

  • JNUG100.0%
  • UYG66.9%

Securities held

  • JNUG2
  • UYG82

Asset class

JNUG
Equity
UYG
Equity

Holdings

  • Only in JNUG2
  • In both0
  • Only in UYG82

Only in JNUG

2 securities, 22.4% of JNUG by weight

  • Vaneck Junior Gold Miners12.81%
  • Goldman Finl Sq Trsry Inst 5069.61%

Only in UYG

82 securities, 71.5% of UYG by weight

  • Berkshire Hathaway Inc-Cl B7.63%
  • JPMorgan Chase & Co6.77%
  • Visa Inc-Class A Shares5.33%

Weight gaps

JNUG and UYG share no securities.

All 8 JNUG holdings⁠All 84 UYG holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

JNUG vs UYG Cost

Overpaying JNUG vs UYG

$1,634

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • JNUG 1.03%

    $19,173

  • UYG 0.93%

    $17,539

$10,000
30 years

Cost over time

  • JNUG 1.03%
  • UYG 0.93%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530JNUG $19,173UYG $17,539

Year by year

YearJNUGUYGOverpaying
10$1,814$1,644$170
20$6,807$6,199$608
30$19,173$17,539$1,634

Expense ratio

  • 1.03%JNUG
  • 0.93%UYG, cheaper
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

UYG 29th cheapest of 95 funds

JNUG 78th cheapest of 95 funds

JNUG vs UYG Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
JNUG 3.49%
UYG 11.13%, better
Payout (12M)
JNUG $3.51
UYG $10.38
Last payment
JNUG $0.76
UYG $0.09
Ex-dividend
JNUG Sep 22, 2026
UYG Sep 23, 2026
Paid on
JNUG Sep 29, 2026
UYG Sep 29, 2026
Frequency
JNUG Quarterly
UYG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

JNUGQuarterly · 21 paymentsAll JNUG payments⁠
One bar per payment. 21 payments from 2017 to 2026 YTD. Mar 21, 2017 $4.51; Dec 27, 2018 $0.27; Mar 19, 2019 $2.22; Mar 24, 2020 $0.12; Mar 23, 2021 $0.34; Mar 21, 2023 $0.17; Jun 21, 2023 $0.13; Sep 19, 2023 $0.13; Dec 21, 2023 $0.12; Mar 19, 2024 $0.35; Jun 25, 2024 $0.20; Sep 24, 2024 $0.15; Dec 23, 2024 $0.03; Mar 25, 2025 $0.82; Jun 24, 2025 $0.16; Sep 23, 2025 $0.15; Dec 23, 2025 $0.07; Dec 31, 2025 $0.93; Mar 24, 2026 $1.20; Jun 23, 2026 $0.56; Sep 22, 2026 $0.76. Use the arrow keys to read each point.$0$102017202020232026YTD
UYGQuarterly · 39 paymentsAll UYG payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 22, 2017 $0.02; Jun 21, 2017 $0.02; Sep 27, 2017 $0.07; Dec 26, 2017 $0.12; Mar 21, 2018 $0.05; Jun 20, 2018 $0.08; Sep 26, 2018 $0.11; Dec 26, 2018 $0.18; Mar 20, 2019 $0.08; Jun 25, 2019 $0.09; Sep 25, 2019 $0.14; Dec 24, 2019 $0.17; Mar 25, 2020 $0.12; Jun 24, 2020 $0.05; Sep 23, 2020 $0.03; Dec 23, 2020 $0.08; Mar 23, 2021 $0.03; Jun 22, 2021 $0.02; Sep 22, 2021 $0.03; Dec 23, 2021 $3.19; Mar 23, 2022 $0.04; Jun 22, 2022 $0.04; Sep 21, 2022 $0.06; Dec 22, 2022 $0.20; Mar 22, 2023 $0.09; Jun 21, 2023 $0.11; Sep 20, 2023 $0.09; Dec 20, 2023 $0.15; Mar 20, 2024 $0.04; Jun 26, 2024 $0.11; Sep 25, 2024 $0.09; Dec 23, 2024 $0.20; Mar 26, 2025 $0.27; Jun 25, 2025 $0.13; Sep 24, 2025 $0.38; Dec 24, 2025 $9.97; Mar 25, 2026 $0.20; Jun 24, 2026 $0.11; Sep 23, 2026 $0.09. Use the arrow keys to read each point.$0$102017202020232026YTD

JNUG vs UYG Risk

Fall from peak · 5 years

  • JNUG
  • UYG
Oct 29, 2021 to Oct 30, 2026. Worst fall: JNUG −76.7% · Sep 2022. Use the arrow keys to read each point.−80%−60%−40%−20%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
JNUG 94.5%UYG 30.5%, better
Return per unit of riskSharpe ratio, 3 years
JNUG 0.88UYG 1.04, better
Worst fallMax drawdown, 5 years
JNUG −76.7%UYG −47.8%, better
Market sensitivityBeta, 5 years
JNUG 0.86UYG 1.58

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