DUST - Direxion Daily Gold Miners Bear 2X Shares
| Assets | $93.16M |
| NAV | $17.71 |
| Expense Ratio | 1.07% |
| PE Ratio | n/a |
| Beta (5Y) | 0.01 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | Mar 24, 2020 |
| 1-Year Return | - |
| Trading Day | April 21 |
| Last Price | $17.11 |
| Previous Close | $17.67 |
| Change ($) | -0.56 |
| Change (%) | -3.17% |
| Day's Open | 17.62 |
| Day's Range | 17.09 - 17.76 |
| Day's Volume | 2,388,257 |
| 52-Week Range | 15.14 - 42.25 |
Fund Description
The investment seeks daily investment results before fees and expenses of 200% of the inverse of the daily performance of the NYSE Arca Gold Miners Index. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80% of the fund's net assets. The index is a modified market capitalization weighted index comprised of publicly traded companies that operate globally in both developed and emerging markets, and are involved primarily in mining for gold and, to a lesser extent, in mining for silver. It is non-diversified.
| Asset Class Equity | Sector Precious Metals |
| Region Global | Inception Date Dec 8, 2010 |
| Exchange NYSEARCA | Ticker Symbol DUST |
| Index Tracked NYSE Arca Gold Miners Index | |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 24, 2020 | $0.0287 | Mar 31, 2020 |
| Dec 23, 2019 | $0.0132 | Dec 31, 2019 |
| Sep 24, 2019 | $0.031 | Oct 1, 2019 |
| Sep 23, 2019 | $0.0315 | Oct 1, 2019 |
| Jun 25, 2019 | $0.0204 | Jul 2, 2019 |
| Mar 19, 2019 | $0.0755 | Mar 26, 2019 |
Billionaire investor Jeffrey Gundlach just dubbed Bitcoin the next ‘stimulus asset', which could put downward pressure on gold. Direxion Daily Gold Miners Index Bear 2X Shares (DUST) is all ears.
Gold dropped to the lowest level in more than two months with many analysts expecting the price to decline further in the near term.
As more investors turn up the dial on risk, it's putting more downward pressure on gold prices. This is welcome news for bearish traders using the Direxion Daily Gold Miners Index Bear 2X Shares (DUST).
The U.S. dollar, Treasury yields, and gold prices are all working together to create their own symphony. ETF traders have the ability to bring this music to their ears with four leveraged Direxion Inves...
Prior to March, traders who wanted to go long or short gold miners with 3x leverage had a number of options. But in the midst of the market volatility that month, Direxion reduced the exposure of its f...
After selling off since early November, gold and its related ETFs are showing signs of life on Tuesday, rallying along with stocks and index ETFs on the first day of December, as bonds tumble. Gold futu...
Gold has had an amazing run in 2020, but as the year winds down, will those price increases crumble to dust? Or will they feed into gains for the bears via the Direxion Daily Gold Miners Index Bear 2X S...
The 4 most traded 2x and 3x leveraged gold ETFs are NUGT, DUST, UGL, and GLL.
If gold had to give a “thank you” speech for its recent run, it better mentions the coronavirus pandemic. Gold has been benefitting from a sustained flight to safe haven assets like precious metals, but...
BZQ and DUST have seen elevated trading volume on Friday.
Gold mining ETFs line DUST, JNUG and NUGT dish out huge, trade-worthy swings, but the downside of being wrong may not be worth the risk. The post The Best (And Worst) Part of Trading Gold ETFs appeared...
The last two days of trading will go down in the history books, and folks like me are going to be spending months digging through the tape, doing forensics, and trying to understand where cracks in the ...
From Direxion Negative-yielding debt has declined from its all-time peak, but it still represents close to 24% of all global bonds.
With market volatility having dampened considerably since the beginning of the year, as stocks trade near all-time highs, the SPDR Gold Shares (NYSEArca: GLD), the largest gold ETF, and other gold-backe...
Direxion is a content partner of Benzinga The first half of 2019 is in the books, but that doesn’t mean investors have any more clarity on any of the macro headlines that have been gripping the market s...
The NYSE Arca Gold Miners Index, one of the most widely followed gauges of gold mining equities, is flat over the past week, but if leveraged exchange-traded funds prove to be accurate guides, it appear...