Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG)
Direxion Daily Junior Gold Miners Index Bull 2X ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $171.39, up 1.31% on the session, giving a market capitalisation of $547.3M. Its beta of 0.86 implies it has historically moved less than the broad market.
These specialized Direxion funds, comprising both a "Bull" and a "Bear" version, aim to deliver daily investment returns that either double the performance of the MVIS Global Junior Gold Miners Index, or double its inverse movement. This calculation is made before any deductions for fees and operational expenses. However, it's crucial to understand that the consistent achievement of these stated financial objectives is not assured.
Direxion Daily Junior Gold Miners Index Bull 2X ETF is most often compared with the following Financial Services names: