Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG)
| Assets | $300.74M |
| Expense Ratio | 1.13% |
| PE Ratio | 27.24 |
| Shares Out | 6.94M |
| Dividend (ttm) | $0.82 |
| Dividend Yield | 1.87% |
| Ex-Dividend Date | Sep 24, 2024 |
| Payout Ratio | 50.96% |
| 1-Year Return | +52.82% |
| Volume | 811,911 |
| Open | 44.01 |
| Previous Close | 44.91 |
| Day's Range | 43.50 - 44.50 |
| 52-Week Low | 21.92 |
| 52-Week High | 60.66 |
| Beta | 3.07 |
| Holdings | 7 |
| Inception Date | Oct 3, 2013 |
About JNUG
Fund Home PageThe Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG) is an exchange-traded fund that is based on the MVIS Global Junior Gold Miners index. The fund provides daily 2x exposure to an index of junior gold and silver mining companies from developed as well as emerging markets. JNUG was launched on Oct 3, 2013 and is issued by Direxion.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 24, 2024 | $0.146 | Oct 1, 2024 |
| Jun 25, 2024 | $0.203 | Jul 2, 2024 |
| Mar 19, 2024 | $0.350 | Mar 26, 2024 |
| Dec 21, 2023 | $0.121 | Dec 29, 2023 |
| Sep 19, 2023 | $0.132 | Sep 26, 2023 |
| Jun 21, 2023 | $0.128 | Jun 28, 2023 |
News
Rising M&A Activity Highlights Strength in Gold Miners
Gold prices continue to push past $2,600 an ounce, giving it more than a 27% gain for the year. In turn, more gold miners are looking to shore up their operations.
JNUG: Turbocharging Junior Gold Miners Makes Timing Critical
Gold rally since 1999 has seen significant growth, with December COMEX futures reaching $2,537.70 in July 2024. GDXJ is a junior gold mining ETF with over $5 billion in assets under management, provid...
Direxion Junior Gold Miners Bull And Bear ETFs Allow Two-Way Plays For The Precious Metal
Direxion Daily Junior Gold Miners Index Bull 2X Shares JNUG and Direxion Daily Junior Gold Miners Index Bear 2X Shares JDST both find themselves in the spotlight but for contrasting reasons. The forme...
JNUG: Weak Performance Could Be An Opportunity
Bitcoin and gold reach new record highs, leading the bullish charge in early 2024. Gold prices continue to rally, marking the 25th year of its bull market.
JNUG: Only For The Most Active Investors
Leveraged ETFs are not suitable for long-term investments due to their long-term decay from daily rebalancing. JNUG is designed to double the daily performance of the VanEck Junior Miners ETF. I belie...
JNUG: This Junior Gold Mining ETF Could Deliver Senior Returns
New highs in gold - June futures trade to $2,085.40 after the May FOMC meeting and corrected. The long-term trend is higher - the 1999 low was a bottom, and every dip has been a buying opportunity.
JNUG Could Explode If Gold Follows Through On The Upside
Gold has been trending higher since the September 2022 low. The long-term bull market in gold is twenty-four years old.
It Could Be A Little Early For JNUG
Peak rates could be a good sign for gold prices, but we think rates have room to go still despite tapering. The Fed has been clear that it will quash wage-price spiraling, and there are slight signs o...
JNUG And GDXJ: U.S. Dollar Crushes Gold Stocks But The Odds Favor Bulls
When we last covered JNUG and GDXJ, we highlighted why we did not go long either. The USD bull crushed both and actually went further than even we anticipated.
The Decline Of The Dollar - Timing Trades With JNUG
The dollar index is near a multi-year high, but it is a mirage.
JNUG And GDXJ: When USD Is Rocking, Don't Come Knocking
GDXJ aims to amplify precious metal returns by focusing on the smaller mining companies.
JNUG: Absolute Leverage Destroys Absolutely
JNUG is a Direxion fund which uses leverage. The fund has chronically disappointed bulls but still has close to half a billion in assets.
JNUG: A Strong Buy On Dollar Weakness
JNUG is a leveraged bet on junior gold miners, which means that volatility is the name of the game. Gold is likely going to rally over the next year, as dollar weakness leads to future price gains.
The 3x Gold Trade Is Back
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...
JNUG Could Rally By 90% Over The Next Year
JNUG's underlying index is highly correlated to changes in the price of gold. Gold markets are likely going to rally over the next year due to equity market volatility.