Direxion Daily Junior Gold Miners Index Bull 2X SharesJNUG
JNUG
0
Funds holding %
of 6,815 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
104% more call options, than puts
Call options by funds: $42.1M | Put options by funds: $20.6M
88% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 8
75% more capital invested
Capital invested by funds: $14.3M [Q2] → $25M (+$10.7M) [Q3]
23% more funds holding
Funds holding: 30 [Q2] → 37 (+7) [Q3]
4.15% more ownership
Funds ownership: 4.94% [Q2] → 9.09% (+4.15%) [Q3]
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
Research analyst outlook
We haven’t received any recent analyst ratings for JNUG.
Financial journalist opinion
Positive
ETF Trends
1 week ago
Various Factors Support Another Gold Rally in 2025
Gold ended 2024 outperforming the S&P 500 and the rally may not yet be over in the new year. Various factors support gold's momentum to continue its rally, opening the path for traders to consider gold mining exchange traded funds (ETFs).
Neutral
ETF Trends
3 weeks ago
Top Performing Leveraged/Inverse ETFs: 12/15/2024
Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Positive
ETF Trends
1 month ago
This Bearish Miners ETF Jumps 13% on Gold's Weakness
Gold's rise to a 30% year-to-date gain may not have been easily predicted ahead of 2024. But at some point, it will dip.
Positive
ETF Trends
3 months ago
Rising M&A Activity Highlights Strength in Gold Miners
Gold prices continue to push past $2,600 an ounce, giving it more than a 27% gain for the year. In turn, more gold miners are looking to shore up their operations.
Negative
ETF Trends
4 months ago
Direxion's Ed Egilinsky Talks Small-Caps, Growth & More
Following market uncertainty in August, investors may feel compelled to reassess their portfolio allocations. With potential rate cuts from the Federal Reserve on the horizon, now may be a good time to diversify your portfolio and seek growth strategies.
Positive
Zacks Investment Research
4 months ago
5 Bullish ETF Ways to Play Gold Strength
The yellow metal hit a new all-time high of $2,521.00 per ounce driven by a weak dollar and safe-haven demand, with many analysts expecting more upside in the months ahead.
Positive
Seeking Alpha
5 months ago
JNUG: Turbocharging Junior Gold Miners Makes Timing Critical
Gold rally since 1999 has seen significant growth, with December COMEX futures reaching $2,537.70 in July 2024. GDXJ is a junior gold mining ETF with over $5 billion in assets under management, providing leverage to gold price rallies. Direxion Daily Junior Gold Miners Index Bull 2X Shares ETF is a leveraged fund that can turbocharge returns during gold and GDXJ rallies, but requires careful attention to risk management.
Positive
ETF Trends
5 months ago
Fading Recession Fears Could Prop Up Gold Miners
Recession fears have been leading to increased volatility, especially in the major stock market indexes as of late. However, as economic data starts to quell those fears, it can also help gold prices.
Neutral
ETF Trends
6 months ago
NUGT & DUST: Prospecting Precious Metal Miners
Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.
Neutral
ETF Trends
7 months ago
Top Performing Leveraged/Inverse ETFs: 05/19/2024
These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Charts implemented using Lightweight Charts™