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NUGT vs ROM

Direxion Daily Gold Miners Index Bull 2X ETF

NUGTDNYSE Arca

ProShares Ultra Technology

ROMANYSE Arca

Overlap

Expense ratio

ROM −0.20pt a year

NUGT1.13%ROM0.93%

Avg volume · 30D

NUGT 14.1×the volume

NUGT672KROM47.7K

10Y return · a year

ROM +44.9pt

NUGT−8.3%ROM+36.6%

NUGT vs ROM Performance

Oct 29, 2021 – Oct 30, 2026

+138.7%NUGT+126.1%ROM

Oct 29, 2021 to Oct 30, 2026. NUGT +138.7%. ROM +126.1%. Use the arrow keys to read each point.0%300%400%500%Oct 2021Apr 2024Oct 2026
Expense ratio
NUGT 1.13%
ROM 0.93%, better
Fund size
NUGT $851M
ROM $1.15B
1Y total return
NUGT −15.6%
ROM +26.5%, better
Yield (12M)
NUGT 1.00%, better
ROM 0.03%
Holdings
NUGT 10
ROM 85
Avg volume (30D)
NUGT 672K sh, better
ROM 47.7K sh
NAV per share
NUGT $124.24
ROM $132.18
52W range

ETF.net Grade

NUGT: Cost 15, Risk 37, Mission not scored, Tradability 58, Holdings not scored, Durability 75. ROM: Cost 70, Risk 56, Mission not scored, Tradability 88, Holdings not scored, Durability 81.
Pillar letters and Scores for NUGT, ROM, with each pillar’s weight
PillarNUGTROM
Cost30% weightF15A70Higher
Mission25% weightNot scoredNot scored
Risk15% weightD37B56Higher
Tradability15% weightB58A88Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA75A81Higher

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. NUGT and ROM 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 ›

ROM ranks 3rd and NUGT 78th 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 4BDDMProShares Ultra Dow30Score 69
  5. Rank 75DUPALProShares Ultra Palladium K-1 Free ETFScore 35
  6. Rank 78DNUGTDirexion Daily Gold Miners Index Bull 2X ETFScore 34
  7. Rank 79DCPXRUSCF Daily Target 2X Copper Index ETFScore 33

Our read on each fund

ETF.net Research

NUGTDDirexion Daily Gold Miners Index Bull 2X ETF

ROMAProShares Ultra Technology

In short

NUGT Gold miners with the volume turned up. NUGT aims for 200% of the daily move of the MarketVector Global Gold Miners Index, a veteran way to press a view on mining shares without margin or an options account.

ROM The original 2x tech trade. Since 2007, ROM has aimed at twice the daily move of the S&P 500's technology sector: a double dose in a category now stacked with triples.

Stated mandate

NUGT The fund seeks daily investment results, before fees and expenses, of 200% of the performance of the MarketVector Global Gold Miners Index.

ROM ROM seeks daily investment results, before fees and expenses, corresponding to twice the daily performance of the S&P Technology Select Sector SM Index.

Why people hold it

  • NUGT One ticker, 2x daily exposure to a global gold-miners index. No margin account, no options chain, no borrow to arrange.direxion.com
  • Trading since 2010, making it one of the longest-running leveraged miner funds around. It has traded through several full gold cycles.
  • Actively traded and among the better-traded names in the leveraged cohort, which matters for a tool built to be entered and exited quickly.
  • The index reaches globally, not just US-listed miners, so the basket follows where the gold digging actually happens.
  • ROM Two times, not three. A 2x daily target means smaller swings and less compounding drag than a 3x fund chasing the same sector.sec.gov
  • Live since January 2007, so it has run through the 2008 crash and the full tech cycle since. Long mileage is rare in geared funds.
  • 0.93% a year, flat, with no waiver propping it up. Peer QLD runs 0.89%, but only net of a waiver through September 30, 2027.
  • One of the strongest implementations in the leveraged-bull pack, from an issuer that has run geared funds since the category's early days.proshares.com

Worth knowing

  • NUGT Leverage resets daily. Hold longer than a day and results can drift well away from 2x the index's move over that stretch, especially in choppy markets.
  • At 1.13% a year, the fee runs above the typical leveraged fund's, and it applies whichever way gold moves.
  • Doubling a mining index puts this among the more volatile funds even inside a leveraged peer group. Position size does the heavy lifting here.
  • ROM The 2x target resets at each close, so results over weeks or months depend on the path the sector takes, not just where it ends up.sec.govproshares.com
  • Trades thinner than the category's headline names, so spreads and limit orders matter, especially in size.
  • About 80 tech names from the S&P 500. That is one concentrated sector bet, doubled, in both directions.

Full NUGT profile⁠

Full ROM profile⁠

NUGT vs ROM 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.

NUGT vs ROM Cost

Overpaying NUGT vs ROM

$3,225

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

  • NUGT 1.13%

    $20,764

  • ROM 0.93%

    $17,539

$10,000
30 years

Cost over time

  • NUGT 1.13%
  • ROM 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$20K$25K051015202530NUGT $20,764ROM $17,539

Year by year

YearNUGTROMOverpaying
10$1,981$1,644$337
20$7,403$6,199$1,204
30$20,764$17,539$3,225

Expense ratio

  • 1.13%NUGT
  • 0.93%ROM, cheaper
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

ROM 29th cheapest of 95 funds

NUGT 84th cheapest of 95 funds

NUGT vs ROM Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
NUGT 1.00%, better
ROM 0.03%
Payout (12M)
NUGT $1.11
ROM $0.04
Last payment
NUGT $0.40
ROM $0.02
Ex-dividend
NUGT Sep 22, 2026
ROM Mar 25, 2026
Paid on
NUGT Sep 29, 2026
ROM Mar 31, 2026
Frequency
NUGT Quarterly
ROM Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

NUGTQuarterly · 20 paymentsAll NUGT payments⁠
One bar per payment. 20 payments from 2017 to 2026 YTD. Mar 20, 2018 $0.32; Dec 27, 2018 $0.17; Mar 19, 2019 $0.13; Jun 25, 2019 $0.25; Dec 23, 2019 $0.71; Dec 20, 2022 $0.24; Mar 21, 2023 $0.05; Jun 21, 2023 $0.09; Sep 19, 2023 $0.11; Dec 21, 2023 $0.33; Mar 19, 2024 $0.20; Jun 25, 2024 $0.12; Sep 24, 2024 $0.07; Dec 23, 2024 $0.25; Mar 25, 2025 $0.15; Jun 24, 2025 $0.04; Dec 23, 2025 $0.22; Mar 24, 2026 $0.30; Jun 23, 2026 $0.20; Sep 22, 2026 $0.40. Use the arrow keys to read each point.$0$0.502017202020232026YTD
ROMQuarterly · 19 paymentsAll ROM payments⁠
One bar per payment. 19 payments from 2017 to 2026 YTD. Mar 22, 2017 $0.0015; Dec 26, 2017 $0.0075; Mar 21, 2018 $0.0064; Jun 20, 2018 $0.006; Dec 26, 2018 $0.02; Mar 20, 2019 $0.01; Jun 25, 2019 $0.0043; Dec 24, 2019 $0.01; Mar 25, 2020 $0.02; Dec 20, 2023 $0.0042; Mar 20, 2024 $0.01; Jun 26, 2024 $0.04; Sep 25, 2024 $0.06; Dec 23, 2024 $0.03; Mar 26, 2025 $0.02; Jun 25, 2025 $0.14; Sep 24, 2025 $0.05; Dec 24, 2025 $0.02; Mar 25, 2026 $0.02. Use the arrow keys to read each point.$0$0.502017202020232026YTD

NUGT vs ROM Risk

Fall from peak · 5 years

  • NUGT
  • ROM
Oct 29, 2021 to Oct 30, 2026. Worst fall: NUGT −73.7% · Sep 2022. Use the arrow keys to read each point.−60%−40%−20%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
NUGT 85.7%ROM 49.3%, better
Return per unit of riskSharpe ratio, 3 years
NUGT 0.88ROM 0.97, better
Worst fallMax drawdown, 5 years
NUGT −73.7%ROM −67.6%, better
Market sensitivityBeta, 5 years
NUGT 0.61ROM 3.09

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