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Leveraged & Inverse ETFs

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.

Investing in a Direxion Shares ETF may be more volatile than investing in broadly diversified funds. The use of leverage by the Fund increases the risk to the Fund. The Direxion Shares ETFs are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk and the consequences of seeking daily leveraged investment results and intend to actively monitor and manage their investment.

NUGT

NAV (Net Asset Value)$45.36As of Jul 22, 2024
1 Day NAV change$+0.14(+0.30%)As of Jul 22, 2024

DUST

NAV (Net Asset Value)$6.24As of Jul 22, 2024
1 Day NAV change$-0.02(-0.28%)As of Jul 22, 2024
NUGTDirexion Daily Gold Miners Index Bull 2X Shares
Daily Target
+200%
Intra-day Value
NUGT.IV
Daily NAV
$45.36
Daily Market Price
$45.50
Expense Ratio
(gross/net %)
1.18 / 1.18*
Daily Volume
1,045,769
Security Identifier
25460G781
Inception Date
Dec 08, 2010
DUSTDirexion Daily Gold Miners Index Bear 2X Shares
Daily Target
-200%
Intra-day Value
DUST.IV
Daily NAV
$6.24
Daily Market Price
$6.24
Expense Ratio
(gross/net %)
0.99 / 0.99*
Daily Volume
10,538,345
Security Identifier
25460G880
Inception Date
Dec 08, 2010

Operational Updates

  • 01/23/2024
    Direxion's New ETF Alert Service. Get Price and Volume Alerts automatically via text message!
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Documents & Downloads

  • NUGT DUST Fact Sheet (pdf)
  • Direxion ETFs List (pdf)
  • NUGT Prospectus
  • DUST Prospectus
  • Daily Fund Holdings (csv)

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 07/22/2024.

NUGT Direxion Daily Gold Miners Index Bull 2X Shares
Net Asset Value (NAV)
$45.36Nav
$+0.14Change
+0.30%Change
Market Price Closing
$45.50Market
$+0.10Change
+0.22%Change
Premium / Discount
$+0.14Change from Last Day Trading
Premium/Discount tool
DUST Direxion Daily Gold Miners Index Bear 2X Shares
Net Asset Value (NAV)
$6.24Nav
$-0.02Change
-0.28%Change
Market Price Closing
$6.24Market
$-0.01Change
-0.16%Change
Premium / Discount
Change from Last Day Trading
Premium/Discount tool
Loading chart...
1M3MYTD1Y3Y5Y10YSince
Inception
Expense Ratio*
(Gross / Net%)
Inception
Date
NUGT NAV
-9.20
9.88
9.22
10.20
-12.51
-22.21
-31.95
-42.84
1.18 / 1.18*
12/08/2010
NUGT Market Close
-9.49
9.75
9.10
10.33
-12.54
-22.23
-31.96
-42.78
1.18 / 1.18*
12/08/2010
DUST NAV
6.23
-16.86
-22.98
-33.92
-24.73
-50.62
-54.23
-44.35
0.99 / 0.99*
12/08/2010
DUST Market Close
5.69
-17.39
-23.19
-34.32
-24.85
-50.72
-54.26
-44.40
0.99 / 0.99*
12/08/2010

As of June 30, 2024

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 0.86% for NUGT and 0.88% 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, 2025, 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.

The performance shown prior to April 1, 2020, reflects the Funds’ previous daily leveraged investment objectives, before fees and expenses, of 300% or -300%, of the performance of the Index. The performance data quoted represents past performance.

Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. An investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Returns for performance under one year are cumulative, not annualized. For the most recent month-end performance please visit the fund’s website at www.direxion.com.

Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. For additional information, see the fund’s prospectus.

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 Corporation
13.83%
Agnico Eagle Mines Ltd
9.33%
Barrick Gold
8.39%
Wheaton Precious Metals Corporation
6.81%
Franco Nevada
6.52%
Gold Fields
4.61%
Zijin Mining H
4.19%
Anglogold
3.65%
Kinross Gold
3.53%
Northern Star Resources
3.45%

Index Country Weightings

% of Total
Canada
50.87%
United States
18.81%
Australia
10.13%
South Africa
6.87%
China
5.78%
United Kingdom
5.43%
Peru
1.49%
Jersey
0.61%
Index data as of 06/30/2024. Index country weightings and top holdings are subject to change.

View Daily Fund Holdings

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 DateEx DatePay DateIncome DividendShort-Term Capital GainLong-Term Capital GainReturn of CapitalExpand
06/25/202406/25/202407/02/20240.11965
03/20/202403/19/202403/26/20240.19846
12/22/202312/21/202312/29/20230.32917
09/20/202309/19/202309/26/20230.11026
Record Date06/25/2024
Ex Date06/25/2024
Pay Date07/02/2024
Income Dividend0.11965
Short-Term Capital Gain
Long-Term Capital Gain
Return of Capital
Record Date03/20/2024
Ex Date03/19/2024
Pay Date03/26/2024
Income Dividend0.19846
Short-Term Capital Gain
Long-Term Capital Gain
Return of Capital
Record Date12/22/2023
Ex Date12/21/2023
Pay Date12/29/2023
Income Dividend0.32917
Short-Term Capital Gain
Long-Term Capital Gain
Return of Capital
Record Date09/20/2023
Ex Date09/19/2023
Pay Date09/26/2023
Income Dividend0.11026
Short-Term Capital Gain
Long-Term Capital Gain
Return of Capital

DUST Direxion Daily Gold Miners Index Bear 2X Shares

Record DateEx DatePay DateIncome DividendShort-Term Capital GainLong-Term Capital GainExpand
06/25/202406/25/202407/02/20240.09561
03/20/202403/19/202403/26/20240.15184
12/22/202312/21/202312/29/20230.06383
09/20/202309/19/202309/26/20230.13672
Record Date06/25/2024
Ex Date06/25/2024
Pay Date07/02/2024
Income Dividend0.09561
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/20/2024
Ex Date03/19/2024
Pay Date03/26/2024
Income Dividend0.15184
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/22/2023
Ex Date12/21/2023
Pay Date12/29/2023
Income Dividend0.06383
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/20/2023
Ex Date09/19/2023
Pay Date09/26/2023
Income Dividend0.13672
Short-Term Capital Gain
Long-Term Capital Gain

Documents

Tax Documents

Download the following Tax Reporting Documents

How to Trade

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.

Operational Updates

Documents & Downloads

How to Trade

While you can't trade our funds from our website, investors still have multiple options for buying Direxion ETFs
Learn More About Trading Direxion ETFs

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