What is JNUG?

JNUG provides daily 2x exposure to an index of junior gold and silver mining companies from developed as well as emerging markets.

PERFORMANCE [as of 03/23/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
JNUG 24.83% 3.32% 6.12% -52.88% -1.24% -44.26% --
JNUG (NAV) 24.98% 3.43% 6.57% -52.94% -0.93% -44.27% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

JNUG Factset Analytics Insight

JNUG provides geared exposure (2x) to the MVIS Global Junior Gold Miners Index—a market-cap-weighted index of global gold mining companies that derive at least 50% of their revenue from gold or silver mining activities. The index caps exposure to silver mining firms at 20% during each quarterly review. The term "junior" refers to the size of these firms, which are considered to be small-caps as defined by the index provider, which slightly dilutes its exposure to gold relative to our benchmark for gold. Like most leveraged products (including sister fund JDST, which provides -2x exposure to the same index), JNUG's exposure is reset daily. The fund is therefore designed to be used as a tactical trading tool. You must regularly reset your exposure to get the multiple if you hold the fund for more than a day. Tradability is paramount for a tactical tool—which a 2x play on gold surely is. Trading costs should be taken into consideration. Effective 4/24/2017, JNUG resumes daily creations. Prior to March 31, 2020 the fund provided 3x exposure to the same index.

JNUG Summary Data

Direxion
10/03/13
1.15%
$324.22M
N/A
Open-Ended Fund

Peers

N/A

Fund Flows

-$0.01B 5 Days
+$0.05B 30 Days
+$0.01B 90 Days

JNUG Fund Structure

Yes
No
-- / --
N/A
N/A
Low
2
Daily

JNUG Tax Exposures

20.00% / 39.60%
--
No

JNUG Portfolio Data

0.44%
N/A

JNUG Index Data

Market Cap
Market Cap
N/A

Factset Analytics Block Liquidity

As of 03/24/23

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

JNUG Tradability

1,492,721
$53.33M
1,258,068
$48.90M
0.08%
$0.03
0.02%
7.69% / -1.04%
None
78.48%
50,000
25.16
0.01%
--
29,694
$38.34
N/A

Options Strategies for Outcome Investing

Options allow you to customize investment outcomes. Using the strategy builders provided by Cboe Vest Technologies, you can construct some of the most common option strategies. Check out our user guide for more information on how to use the tool.

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.