Direxion Daily Gold Miners Index Bull and Bear 2X Shares
The Direxion Daily Gold Miners Index Bull and Bear 2X Shares seek daily investment results, before fees and expenses, of either 200%, or 200% of the inverse (or opposite), of the performance of the NYSE Arca Gold Miners Index. There is no guarantee the funds will achieve their stated investment objectives.
These funds track a commodity related equity index, consisting of a basket of gold miner related stocks. They do not invest in physical commodities and should not be expected to directly track the price performance of gold.
NUGT
DUST
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These leveraged ETFs seek a return that is 200% or -200% of the return of their benchmark index for a single day. The funds should not be expected to provide two times or negative two times the return of the benchmark’s cumulative return for periods greater than a day.
Pricing & Performance
NAV and Market Price information as of 12/07/2023.
Net Asset Value (NAV)
Market Price Closing
Net Asset Value (NAV)
Market Price Closing
| 1M | 3M | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Expense Ratio* (Gross / Net%) | Inception Date | |
|---|---|---|---|---|---|---|---|---|---|---|
| NUGT NAV | 23.21 | 10.21 | 3.05 | 2.16 | -17.83 | -11.49 | -30.16 | -44.60 | 1.19 / 1.19* | 12/08/2010 |
| NUGT Market Close | 23.08 | 10.05 | 2.91 | 2.00 | -17.79 | -11.56 | -30.13 | -44.54 | 1.19 / 1.19* | 12/08/2010 |
| DUST NAV | -21.28 | -14.90 | -25.52 | -27.40 | -21.17 | -57.75 | -57.03 | -44.57 | 1.07 / 1.07* | 12/08/2010 |
| DUST Market Close | -21.50 | -15.31 | -25.60 | -27.58 | -21.33 | -57.78 | -57.04 | -44.61 | 1.07 / 1.07* | 12/08/2010 |
As of November 30, 2023
The Primary Listing Exchange is the NYSE Arca, Inc.
*The Net Expense Ratio includes management fees, other operating expenses and Acquired Fund Fees and Expenses. If Acquired Fund Fees and Expenses were excluded, the Net Expense Ratio would be 0.87% for NUGT and 0.94% for DUST. The Funds’ adviser, Rafferty Asset Management, LLC (“Rafferty”), has entered into an Operating Expense Limitation Agreement with each Fund. Under the Operating Expense Limitation Agreement, Rafferty has contractually agreed to waive all or a portion of its management fee and/or reimburse a Fund for Other Expenses through September 1, 2024, to the extent that a Fund’s Total Annual Fund Operating Expenses exceed 0.95% of the Fund’s average daily net assets (excluding, as applicable, among other expenses, taxes, swap financing and related costs, acquired fund fees and expenses, dividends or interest on short positions, other interest expenses, brokerage commissions and extraordinary expenses). If these expenses were included, the expense ratio would be higher.
Index Information
The NYSE Arca Gold Miners Index (GDMNTR) is a modified market capitalization weighted index comprised of publicly traded companies that operate globally in both developed and emerging markets, and are involved primarily in mining for gold and, to a lesser extent, in mining for silver. The Index will limit the weight of companies whose revenues are more significantly exposed to silver mining to less than 20% of the Index at each rebalance date. The Index may include small- and mid-capitalization companies and foreign issuers. One cannot invest directly in an index.
Index Top Ten Holdings
| % of Total | |
|---|---|
| Newmont Corp | 9.68% |
| Franco Nevada | 8.45% |
| Barrick Gold | 8.42% |
| Agnico Eagle Mines Ltd | 7.41% |
| Wheaton Precious Metals Corp | 6.06% |
| Newcrest Mining | 5.07% |
| Zijin Mining | 4.36% |
| Gold Fields | 4.19% |
| Northern Star Resources | 3.87% |
| Royal Gold | 3.47% |
Index Country Weightings
| % of Total | |
|---|---|
| Canada | 49.64% |
| United States | 16.09% |
| Australia | 15.01% |
| South Africa | 9.00% |
| China | 6.17% |
| United Kingdom | 2.42% |
| Peru | 1.08% |
| Jersey | 0.59% |
Strategy & Benefits
You know that TRADING is different than investing. But the opportunity to take advantage of short-term trends is only won, if you get the direction right.
Whether you’re a bull or a bear, Direxion is with you. Our leveraged ETFs are powerful tools built to help you:
- Magnify your short-term perspective with daily 2X leverage
- Go where there’s opportunity, with bull and bear funds for both sides of the trade; and
- Stay agile – with liquidity to trade through rapidly changing markets
Leveraged and inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying index over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments.
Distributions
NUGT Direxion Daily Gold Miners Index Bull 2X Shares
| Record Date | Ex Date | Pay Date | Income Dividend | Short-Term Capital Gain | Long-Term Capital Gain |
|---|---|---|---|---|---|
| 09/20/2023 | 09/19/2023 | 09/26/2023 | 0.11026 | — | — |
| 06/22/2023 | 06/21/2023 | 06/28/2023 | 0.08680 | — | — |
| 03/22/2023 | 03/21/2023 | 03/28/2023 | 0.05319 | — | — |
| 12/21/2022 | 12/20/2022 | 12/28/2022 | 0.23961 | — | — |
Record Date09/20/2023 Ex Date09/19/2023 Pay Date09/26/2023 Income Dividend0.11026 Short-Term Capital Gain— Long-Term Capital Gain— Record Date06/22/2023 Ex Date06/21/2023 Pay Date06/28/2023 Income Dividend0.08680 Short-Term Capital Gain— Long-Term Capital Gain— Record Date03/22/2023 Ex Date03/21/2023 Pay Date03/28/2023 Income Dividend0.05319 Short-Term Capital Gain— Long-Term Capital Gain— Record Date12/21/2022 Ex Date12/20/2022 Pay Date12/28/2022 Income Dividend0.23961 Short-Term Capital Gain— Long-Term Capital Gain— | |||||
DUST Direxion Daily Gold Miners Index Bear 2X Shares
| Record Date | Ex Date | Pay Date | Income Dividend | Short-Term Capital Gain | Long-Term Capital Gain |
|---|---|---|---|---|---|
| 09/20/2023 | 09/19/2023 | 09/26/2023 | 0.13672 | — | — |
| 06/22/2023 | 06/21/2023 | 06/28/2023 | 0.09820 | — | — |
| 03/22/2023 | 03/21/2023 | 03/28/2023 | 0.15711 | — | — |
Record Date09/20/2023 Ex Date09/19/2023 Pay Date09/26/2023 Income Dividend0.13672 Short-Term Capital Gain— Long-Term Capital Gain— Record Date06/22/2023 Ex Date06/21/2023 Pay Date06/28/2023 Income Dividend0.09820 Short-Term Capital Gain— Long-Term Capital Gain— Record Date03/22/2023 Ex Date03/21/2023 Pay Date03/28/2023 Income Dividend0.15711 Short-Term Capital Gain— Long-Term Capital Gain— | |||||
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How to Buy
ETFs are generally available for purchase on exchanges, much like stocks—and can be bought and sold throughout the trading day whenever exchanges are open. Direxion ETFs cannot be purchased directly from Direxion, but are available for trading on most trading platforms.
We strongly recommend that you take the time to educate yourself on how leveraged and inverse ETFs function and behave in various market conditions before you endeavor to trade them in your account. It’s always a good idea to consult a financial advisor or brokerage account representative if you have questions about any ETFs.
Please note, your advisor or broker may charge commissions or other transaction fees.If you have any questions specific to Direxion products, please contact us direct at [email protected] or 866-476-7523.
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