DUST

Direxion Daily Gold Miners Index Bear 3x Shares
*Unless otherwise stated, data provided by FactSet.

DUST Fund Description

The Direxion Daily Gold Miners Index Bear ETF provides 3x inverse exposure to a market-cap-weighted index of global gold and silver mining firms.

DUST Factset Analytics Insight

DUST is an extremely aggressive inverse play on perhaps the most widely followed gold mining index—the NYSE Arca Gold Miners Index—and the widely held ETF that tracks it: GDX. The index tracks about 30 firms engaged in the precious metals mining industry globally, with a strong bias to large gold and silver mining firms. DUST promises to provide inverse exposure to these firms with a leverage factor of 3 on a daily basis. The last point is important, because investors trying to make a long-term bet against gold mining shares can only use DUST to do so if they are willing to frequently adjust their position in the fund. The good news is the market for DUST is extremely active, as evidenced by the fact that it trades in large volumes each day, although spreads can be significant. Its expense ratio is high, to be sure, but most traders won't hold the fund for long enough for those costs to be a major factor.

DUST CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 08/16/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DUST 68.83% 77.14% 82.34% 63.32% -68.08% -48.72% --
DUST (NAV) 59.74% 64.75% 70.09% 42.04% -68.83% -48.80% --
NYSE Arca Gold Miners Index -16.43% -17.99% -21.31% -19.55% 9.06% -8.35% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DUST Summary Data

Direxion
12/08/10
Open-Ended Fund
1.08%
--
0.06%

DUST Portfolio Data

0.08%
09/25/18

DUST Index Data

Market Cap
Market Cap
N/A

DUST Fund Structure

Yes
No
No Policy
N/A
N/A
Low
-3
Daily

DUST Tax Exposures

20.00% / 39.60%
--
No
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

DUST Factset Analytics Block Liquidity

As of 08/17/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of DUST. DUST is rated a 5 out of 5.

DUST Tradability

2,908,226
$78.66M
2,206,842
$60.23M
0.06%
$0.02
-0.08%
4.08% / -0.69%
None
0.00%
50,000
44.14
0.00%
0.91%
110,806
$40.29
5