Direxion Daily 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 Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT - Get Free Report)'s share price gapped down prior to trading on Thursday. The stock had previously closed at $205.00, but opened at $180.03. Direxion Daily Gold Miners Index Bull 2x Shares shares last traded at $191.45, with a volume of 232,154 shares changing hands.

GDX, the VanEck Gold Miners ETF, has shown outsized volatility versus gold, recently underperforming during the latest correction. Gold's long-term bull trend remains intact, with buying on weakness historically optimal; mining shares often outperform on rallies. GDX's recent divergence—making new highs while gold did not—signals potential for mining shares to outperform if gold's rally resumes.

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.

Gold has always been one of the go-to assets when stomach-churning volatility forces queasy investors into safe havens. However, recent volatility has been challenging that safe haven narrative, and one of the drivers has been speculative trading activity in China ETFs.

A late January slide reminds investors that even gold doesn't move up in a straight line. Still, the largest plain vanilla ETF dedicated to gold mining stocks is delivering a strong 2026 showing.
The Direxion Daily Gold Miners Index Bull and Bear 2X ETFs seek daily investment results, before fees and expenses, of either 200%, or 200% of the inverse (or opposite), of the performance of the MarketVector Global Gold Miners Index. There is no guarantee the funds will achieve their stated investment objectives.
Financial Services
Asset Management - Leveraged
2010-12-08
0.80
Market Peers





