JDSTDirexion Daily Junior Gold Miners Index Bear 2X Shares

Take a bet12y track recordRanked #146 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 2013

Annual Cost

0.92%

#4,911 of 6,035 · expensive

Fund Size

$39M

#4,022 of 6,035 · mid-size

Return (1Y)

-77.0%

Track Record

12 years

#1,111 of 6,035 · established

Performance

Total-return NAV · USD

Growth of $10,000

$4,747-52.5%

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

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Inverse

Sector

Materials

Focus

Gold

Index tracked

MVIS Global Junior Gold Miners Index

Holdings

By weight

Concentration

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

DREYFUS GOVERNMENT CASH MANAGE

65.7%

GOLDMAN FINANCIAL

24.8%

N/A

6.4%

N/A

6.3%

N/A

1.6%

N/A

0.7%

Asset allocation

Cash

69.8%

Stocks

30.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

111.6%High

Year-on-year price swings

Max drawdown

-100.0%Severe

Worst peak-to-trough loss

Sharpe (3Y)

-1.14Below average

Sortino (3Y)

-1.57Moderate 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 in small- and mid-cap companies involved in the gold mining industry, providing 2X daily inverse exposure to the Index. The Fund employs derivatives like swap agreements and futures contracts to achieve its investment objective, which is not fundamental and may change without shareholder approval.
Inception date: October 3, 2013
Fund family: Direxion Funds