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Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG)

48.99 +1.77 (+3.75%)
At close: October 1 at 4:00 PM EDT
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DELL
  • Previous Close 47.22
  • Open 48.55
  • Bid 46.62 x 800
  • Ask --
  • Day's Range 47.65 - 49.81
  • 52 Week Range 21.92 - 53.20
  • Volume 1,024,042
  • Avg. Volume 1,050,600
  • Net Assets 319.17M
  • NAV 47.27
  • PE Ratio (TTM) 30.44
  • Yield 1.99%
  • YTD Daily Total Return 42.23%
  • Beta (5Y Monthly) 2.10
  • Expense Ratio (net) 1.13%

The index tracks the performance of domestic and foreign, including developing and emerging, small- and mid-capitalization companies that are involved in the gold and silver mining industry. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified.

Direxion Funds

Fund Family

Trading--Leveraged Equity

Fund Category

319.17M

Net Assets

2013-10-03

Inception Date

Performance Overview: JNUG

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Trailing returns as of 9/30/2024. Category is Trading--Leveraged Equity.

YTD Return

JNUG
42.23%
Category
--
 

1-Year Return

JNUG
89.48%
Category
--
 

3-Year Return

JNUG
2.45%
Category
--
 

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Holdings: JNUG

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Top 1 Holdings (36.39% of Total Assets)

SymbolCompany% Assets
GDXJ
VanEck Junior Gold Miners ETF 36.39%

Sector Weightings

SectorJNUG
Basic Materials   100.00%
Real Estate   0.00%
Technology   0.00%
Utilities   0.00%
Industrials   0.00%
Energy   0.00%
Healthcare   0.00%

Related ETF News

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Research Reports: JNUG

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  • Commodity Price Update September 2024: Mineral Resources, Iluka, and Coal Miners the Cheapest

    Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2023, the firm produced nearly 4.1 million attributable ounces of gold and about 420 million pounds of copper. At year-end 2023, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.

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  • Commodity Price Update September 2024: Mineral Resources, Iluka, and Coal Miners the Cheapest

    Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 6.9 million ounces of gold in 2024. However, after buying Newcrest, Newmont is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2023.

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  • Newmont: We Extend Coverage to Its Australian-Listed CDIs; Shares Undervalued

    Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 7.3 million ounces of gold in 2023 pro forma for Newcrest on an annualized basis. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts from its various gold mines. It had about two decades of gold reserves along with significant byproduct reserves after acquiring Newcrest.

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  • Corporate Action: Vote in Favor of Newmont’s Purchase of Newcrest via Scheme of Arrangement

    Newmont is the world's largest gold miner, producing about 6 million attributable ounces of gold in 2022, good for about 5% of global mined output. The company also produced 1.3 million attributable gold equivalent ounces from the sale of byproducts, including copper, silver, zinc, and lead in 2022. It had about two decades of gold reserves along with significant byproduct reserves at end 2022. After buying Goldcorp in 2019 and combining its Nevada mines in a joint venture with competitor Barrick later that year, Newmont’s portfolio includes 12 wholly owned mines and interests in two joint ventures in the Americas, Africa, and Australia.

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