Direxion Daily Junior Gold Miners Index Bull 2X ETF·Financial Services

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG - Get Free Report)'s stock price gapped down prior to trading on Thursday. The stock had previously closed at $215.98, but opened at $186.00. Direxion Daily Junior Gold Miners Index Bull 2X Shares shares last traded at $197.35, with a volume of 73,445 shares

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Still, despite the per-ounce price plunging hundreds of dollars from an all-time high of around $5,600, gold is still up 68% over the past year—and the first days of February have also brought a moderate recovery from the recent dip as well.

Direxion Daily Junior Gold Miners Idx Bull 2X Shs ETF exemplifies the double-edged nature of leverage, delivering outsized gains and losses tied to gold's volatility. JNUG surged 75.8% during gold's parabolic rally, but declined 38.6% in just three sessions as gold corrected, highlighting extreme risk-reward dynamics. Time decay erodes JNUG's value during periods of price stability, making it suitable only for short-term tactical trades with strict price and time stops.
The Direxion Daily Junior Gold Miners Index Bull and Bear 2X ETFs seek daily investment results, before fees and expenses, of 200%, or 200% of the inverse (or opposite), of the performance of the MVIS Global Junior Gold Miners Index. There is no guarantee these funds will achieve their stated investment objectives.
Financial Services
Asset Management - Leveraged
2013-10-03
1.00
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