Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 1301 Avenue of the Americas, 28th Floor New York City NY United States of America 10019
- IPO Date
- Oct 3, 2013
- CIK
- 0001424958
- Website
- direxion.com
- Similar Companies
- Business
- Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG) is a leveraged exchange-traded fund that seeks daily investment results, before fees and expenses, equal to 200% of the performance of the MVIS Global Junior Gold Miners Index, which tracks foreign and domestic micro-, small-, and mid-capitalization companies generating at least 50% of revenues from gold and/or silver mining or holding related assets. The fund employs financial derivatives such as swap agreements, futures contracts, and exchange-traded funds to achieve its leveraged exposure; it holds money market funds, deposit accounts, and short-term debt instruments for collateral and liquidity. Launched on October 3, 2013, and issued by Direxion Shares ETF Trust, a product of Rafferty Asset Management, LLC under the Direxion brand, JNUG trades on the NYSE Arca exchange with a net expense ratio of 1.02% (excluding certain acquired fund fees). The MVIS Global Junior Gold Miners Index comprises global junior gold and silver miners primarily from Canada (54%), Australia (18%), the United States (8%), South Africa, and Mexico, with top holdings including Alamos Gold, Pan American Silver, Harmony Gold Mining, Evolution Mining, and B2Gold; the fund does not invest directly in physical commodities. Direxion, founded in 1997 and headquartered at 1301 Avenue of the Americas in New York, specializes in leveraged and inverse ETFs across sectors for sophisticated traders seeking amplified short-term exposure. JNUG targets institutional and retail investors focused on commodities-related equities in developed and emerging markets worldwide. Recent operational updates for the Direxion Daily Junior Gold Miners product suite include a reverse split of the inverse counterpart JDST announced on May 31, 2024, to consolidate shares amid market volatility. Direxion has expanded its broader lineup with multiple single-stock leveraged and inverse ETF launches in 2025, including those tracking Cisco and Qualcomm (June), Boeing and Exxon Mobil (April), AMD (February), and Berkshire Hathaway with Palantir (December 2024); additionally, in October 2025, it debuted the Direxion Titans Leveraged & Inverse ETFs for top U.S. sector leaders. The firm appointed Mo Sparks as Chief Product Officer in April 2025 to drive product innovation and launched an ETF Alert Service in January 2024 for real-time price and volume notifications.