DUSTDirexion Daily Gold Miners Index Bear 2X Shares

Take a bet15y track recordRanked #86 of 995 in this goal

Seeks daily investment results of 200% of the inverse of the daily performance of the Index.

By Direxion Funds · Launched 2010

Annual Cost

0.94%

#4,933 of 6,040 · expensive

Fund Size

$121M

#2,909 of 6,040 · mid-size

Return (1Y)

-74.0%

Track Record

15 years

#843 of 6,040 · established

Performance

Total-return NAV · USD

Growth of $10,000

$3,761-62.4%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Strategy

Inverse

Sector

Materials

Focus

Gold

Index tracked

MarketVector Global Gold Miners Index

Holdings

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

DREYFUS GOVERNMENT CASH MANAGE

63.8%

GOLDMAN FINANCIAL

38.4%

N/A

6.6%

N/A

4.9%

N/A

4.3%

N/A

1.1%

N/A

0.1%

Asset allocation

Cash

58.1%

Stocks

41.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

101.5%High

Year-on-year price swings

Max drawdown

-100.0%Severe

Worst peak-to-trough loss

Sharpe (3Y)

-1.14Below average

Sortino (3Y)

-1.58Moderate downside risk

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks daily investment results of 200% of the inverse of the daily performance of the Index.
Strategy: Invests primarily in financial instruments, including swap agreements and futures contracts, to provide 2X daily inverse exposure to the Index of companies involved in gold and silver mining. The Fund is non-diversified and may concentrate its investments in a limited number of issuers.
Inception date: December 8, 2010
Fund family: Direxion Funds