JNUG - Direxion Daily Junior Gold Miners Index Bull 3X Shares

NYSEArca - Nasdaq Real Time Price. Currency in USD
11.98
-0.03 (-0.25%)
As of 11:34AM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close12.01
Open11.36
Bid11.91 x 800
Ask11.91 x 1300
Day's Range11.13 - 11.99
52 Week Range6.13 - 15.22
Volume6,746,024
Avg. Volume14,605,084
Net Assets828.72M
NAV12.00
PE Ratio (TTM)N/A
Yield0.66%
YTD Return39.40%
Beta (3Y Monthly)-0.96
Expense Ratio (net)1.17%
Inception Date2013-10-03
Trade prices are not sourced from all markets
  • Gold Breaches $1,400: What’s the Next Stop?
    Market Realist18 hours ago

    Gold Breaches $1,400: What’s the Next Stop?

    Gold is now trading close to a six-year high following the Fed’s dovish pivot at its June policy meeting. After being range bound for the last five years, gold has finally broken out and its outlook is bullish.

  • Gold Prices Surpass $1,400 and Gold ETFs Surge
    Market Realist5 days ago

    Gold Prices Surpass $1,400 and Gold ETFs Surge

    Gold futures registered their single largest one-day jump of 2.8% on June 20 following the Fed’s dovish stance at its June meeting. While the Fed kept rates unchanged, it hinted at future rate cuts if the conditions warrant them, which sent gold prices soaring.

  • ETF Trends5 days ago

    Prospect of Future Rate Cuts Sends Gold Past 5-Year High

    To an optimistic capital market, that meant the door was open for interest rates to fall in 2019 after staying static thus far through the middle of the year. March 17, 2014 saw gold at $1,383.81, but following the interest rate announcement, gold went past the $1,380 mark. Leveraged exchange-traded fund (ETF) traders rejoiced, which saw funds like the Direxion Daily Gold Miners Bull 3X ETF (NUGT) rise.

  • ETF Trends6 days ago

    Gold ETFs in Play as Precious Metal Eyes a Rate Cut

    The prospect of a Federal Reserve rate cut saw U.S. equities and gold rise ahead of the Federal Reserve's interest rate policy decision on Wednesday. U.S. markets came to life on Tuesday, which also resuscitated the Asian markets on Wednesday after optimism from improved prospects of a U.S.-China trade deal came when U.S. President Donald Trump said in a tweet he “had a very good telephone conversation” with Chinese President Xi Jinping.

  • Why Jeffrey Gundlach Likes Gold
    Market Realist8 days ago

    Why Jeffrey Gundlach Likes Gold

    During DoubleLine's investor webcast on June 13, Jeffrey Gundlach said, “I am certainly long gold.” His call on gold is based on his expectation that the US dollar (UUP) will finish lower this year.

  • ETF Trends8 days ago

    Bitcoin Reaches $9,000 for First Time In Over a Year

    Leading cryptocurrency Bitcoin crossed the $9,000 mark for the first time since May 2018 amid the hype over social media giant Facebook and its latest cryptocurrency offering. Instead of checking their banks to ensure their direct deposit went through, Facebook employees could open their cryptocurrency wallets on pay day as the social media giant will be rolling out its own digital currency soon. This news is setting the cryptocurrency space abuzz with optimism as Bitcoin reached a high of $20,000 near the end of 2017 and fell over 70 percent since, but is climbing back to prominence again following this news.

  • ETF Trends12 days ago

    Paul Tudor Jones Gives Gold His Vote of Confidence

    Gold received a vote of confidence from hedge fund manager and philanthropist Paul Tudor Jones who says that if the commodity can break the $1,400 price barrier, it could reach $1,700 quickly. With trade wars looming coupled with a more dovish central bank, gold is what Jones is eyeing within the next two years. “[Gold] has everything going for it,” said Jones.

  • A Perfect Storm for Gold: All Macro Drivers Align
    Market Realist14 days ago

    A Perfect Storm for Gold: All Macro Drivers Align

    A Perfect Storm for Gold: All Macro Drivers Align(Continued from Prior Part)Fed rate cutsFed policymakers are set to meet on June 18 and 19. Whereas the market has not priced in a rate cut in June, at least two rate cuts are expected by the end

  • ETF Trends22 days ago

    Don’t Buy the Bitcoin Rally Hype, Says Gold Bull

    Once Bitcoin spiked liked energy levels after a can of Red Bull near the end of 2017, it also came crashing down in 2018, but 2019 is seeing the leading cryptocurrency rise over 150 percent to its current price of just under $8,700. “A lot of people got suckered into this pump-and-dump scheme because they heard all the stories about young kids taking their Bar Mitzvah money into bitcoin and bought a Lambo," said Schiff at the 2019 SALT Conference. Bitcoin purveyors have often referred to the cryptocurrency as the new replacement of gold.

  • Benzinga23 days ago

    Gold's Resurgence Felt By These Leveraged ETFs

    With riskier assets taking a beating last month, safe havens benefited, including gold. The SPDR Gold Shares (NYSE: GLD ), the world's largest gold-backed exchange traded fund, jumped 2.43 percent in May ...

  • Gold Miner ETFs Glitter as Geopolitical Tensions Mount
    Investopedia23 days ago

    Gold Miner ETFs Glitter as Geopolitical Tensions Mount

    Gold regained its shine on Friday after Trump's surprise Mexico tariff tweet. Profit from global uncertainty using these three ETFs.

  • ETF Trends23 days ago

    Investors Preferring U.S. Dollar Over Gold Amid Trade Wars

    As U.S. President Donald Trump turns his attention to Mexico from China in the latest tariff-for-tariff battles, investors are clamoring for more cash in the form of U.S. dollars rather than traditional safe-havens like gold. Gold-backed ETF plays can be had with the  SPDR Gold Shares (GLD) and SPDR Gold MiniShares (GLDM) , while short-term traders can also play the gold market through miners with the VanEck Vectors Gold Miners (GDX) , Direxion Daily Jr Gold Miners Bull 3X ETF (JNUG) and the Direxion Daily Gold Miners Bull 3X ETF (NUGT). The Federal Reserve has been on cruise control thus far in 2019 with respect to interest rate policy, opting to keep the federal funds rate untouched.

  • ETF Trends26 days ago

    Gold Prices Fall as Investors Dip Their Toes Back in U.S. Equities

    Risk-on was back in U.S. equities after the Dow Jones Industrial Average fell over 200 points on Wednesday due to trade spat fears. In the meantime, gold prices dipped modestly as the the Labor Department ...

  • ETF Trends27 days ago

    Gold Bears Kicking Up “DUST” With This Inverse ETF

    DUST seeks daily investment results before fees and expenses of 300 percent of the inverse of the daily performance of the NYSE Arca Gold Miners Index. Furthermore, investors can consider funds like the  VanEck Vectors ®  Real Asset Allocation ETF (RAAX) .

  • PR Newswirelast month

    Direxion Announces Reverse Splits of Eight ETFs

    NEW YORK , May 24, 2019 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Mid Cap Bear 3X Shares, Direxion Daily Small Cap ...

  • ETF Trendslast month

    5 Leveraged ETFs With Biggest 1-Month Fund Flows

    For the past month, leveraged exchange-traded fund (ETF) traders have been feasting off opportunities in gold, biotech, large caps, and semiconductors as the U.S.-China trade deal went awry. The flight ...

  • ETF Trendslast month

    ETFs to Consider as Gold Prices Teeter on the Brink of Fragility

    After the last week’s volatility-laden performances in the major indexes, it might seem that investors would want to hide away into safe haven assets like gold. However, prices for gold are on the brink ...

  • Why Analysts Are Bearish on These Gold Equities
    Market Realist2 months ago

    Why Analysts Are Bearish on These Gold Equities

    Checking In on Gold Miners Ahead of Their Q1 2019 Results(Continued from Prior Part)The fewest “buy” ratingsAmong senior and intermediate miners (JNUG) (GDX), New Gold (NGD), Barrick Gold (GOLD), Eldorado Gold (EGO), and Kinross Gold (KGC) have

  • ETF Trends2 months ago

    20 Precious Metals ETFs to Diversify Portfolios

    Precious metals like gold can provide investors with the uncorrelated diversification of their investment capital via the convenience, transparency and liquidity of an exchange-traded fund (ETF). Amid ...

  • Checking In on Gold Miners Ahead of Their Q1 2019 Results
    Market Realist2 months ago

    Checking In on Gold Miners Ahead of Their Q1 2019 Results

    Checking In on Gold Miners Ahead of Their Q1 2019 ResultsGold prices Gold prices have fallen 3.6% this year after falling ~1.9% in 2018, significantly underperforming broader markets. As of April 24, the S&P 500 (SPY), Dow Jones Industrial

  • ETF Trends2 months ago

    Gold Retreats, but Analysts Remain Steadfast in Precious Metal

    Amid first-quarter earnings thus far, gold has taken a back seat with the precious metal falling one percent on Tuesday to settle at a price of $1,274.31 as of 12:45 p.m. ET. Last week, gold fell ahead of first-quarter earnings season as the dollar gained while the precious metal slumped to its lowest level of the month last Thursday. Gold fell 1.23 percent at the close of Thursday’s trading session to settle at a price of $1.295.15.

  • ETF Trends3 months ago

    Gold ETFs Tick Higher as China Adds More Precious Metals to Reserves

    Despite news of a trade deal swirling with the U.S., China is shoring up its reserves of gold amid a slowing economy. This could help exchange-traded funds (ETFs) like the  SPDR Gold Shares (GLD) and SPDR Gold MiniShares (GLDM) . Per a Bloomberg report, the "People’s Bank of China raised reserves to 60.62 million ounces in March from 60.26 million a month earlier, according to data on its website on Sunday." Furthermore, the world's second largest economy has been adding more gold to its reserves for a fourth straight month.

  • EGO Skyrocketed in Q1—Could This Outperformance Continue?
    Market Realist3 months ago

    EGO Skyrocketed in Q1—Could This Outperformance Continue?

    How Gold and Gold Miners Performed in Q1(Continued from Prior Part)Eldorado Gold’s significant outperformance Eldorado Gold (EGO) significantly outperformed its peers (JNUG) (GDXJ) as well as gold (GLD) in the first quarter with a gain of 60.8%.

  • ETF Trends3 months ago

    Gold ETFs Fall, but Late-Year Rally Could Be Ahead

    Gold faced downward pressure on Monday, but precious metals consultancy Metals Focus said in its latest Gold Focus 2019 report that a rally towards the end of 2019 could be ahead. The Dow Jones Industrial ...

  • Expert: Gold Euphoria Is “Justified”
    ETF Database3 months ago

    Expert: Gold Euphoria Is “Justified”

    In 2018, rising interest rates that coincided with an extended bull run in U.S. equities for most of the year fueled a strong dollar, tamping down gains for gold. However, when investors got washed in a cycle of volatility that started in the fall and lasted through year’s end, investors were quick to reconsider the precious metal as a safe haven, which helped ETFs like the SPDR Gold Shares (GLD A-) – an industry leader with a $34 billion market cap.