NUGT
+86.69 · +63.03%
$224.22 · NYSE ARCA

Direxion Daily Gold Miners Index Bull 2X Shares (NUGT) ETF Analysis | Trading--Leveraged Equity

Direxion Funds · United States
AUM:$1.6B
#– of – in Trading--Leveraged Equity ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 495.5% over the past year, reflecting strong price momentum.

Cost Efficiency

Ongoing charge of 1.18% — above average for this category.

What is NUGT?

The index is comprised of publicly traded common stocks, ADRs or global depositary receipts of companies that operate globally in both developed and emerging markets, and the index provider defines as involved primarily in mining for gold and, to a lesser extent, in mining for silver. The fund invests at least 80% of its net assets in financial instruments, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective.

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Strong Recent Performance
NUGT delivered 495.5% over the past year. Historical returns only — past performance is not indicative of future results.
Higher Cost Profile
Expense ratio of 1.18% is above average. Verify whether the strategy justifies the cost.
Moderate Concentration
Top 10 holdings make up 49.3% of the ETF — a moderate level of name concentration.
ETF Information
AUM$1.6B
Expense Ratio1.18%
Dividend Yield0.19%
Holdings1
Inception DateDec 2010
DomicileUnited States
DistributionNA
Index–
ProviderDirexion Funds
Beta0.82
CategoryTrading--Leveraged Equity
CurrencyUSD
Portfolio Impact

How would NUGT affect your portfolio?

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Example preview
6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-37.9%
1Y
+93.7%
3Y
+517.8%
5Y
+286.9%
OpenBook InsightIf you had invested £10,000 in NUGT 5 years ago, it would have grown to £38,686 — a gain of £28,686.

Annual Returns

Calendar year performance

NUGT delivered positive returns in 3 of the last 5 calendar years.
YearNUGT
2026 YTD+6.0%
2025+385.3%
2024+5.5%
2023-3.7%
2022-28.7%
CAGR 4yr+36.9%
3/5 positive yearsAvg return: +72.9%Worst year: -28.7% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: POSITIVE
Trend Strength
100%
Positive
Volatility
102.6%
Very High
Momentum
+90.9%
30-day change
Support Level
116.57
Key floor
Key Insights
  • Price is currently trading above all key moving averages.
  • Momentum is upward with a 90.9% move over 30 days.
  • Elevated volatility indicates higher short-term price variability and risk.