Direxion Daily Gold Miners Index Bear 2X SharesDirexion Daily Gold Miners Index Bear 2X SharesDirexion Daily Gold Miners Index Bear 2X Shares

Direxion Daily Gold Miners Index Bear 2X Shares

No trades
See on Supercharts

Key stats

Assets under management (AUM)
‪152.37 M‬USD
Fund flows (1Y)
‪45.73 M‬USD
Dividend yield (indicated)
5.21%
Discount/Premium to NAV
−2.8%

About Direxion Daily Gold Miners Index Bear 2X Shares

Issuer
Rafferty Asset Management LLC
Brand
Direxion
Expense ratio
0.99%
Inception date
Dec 8, 2010
Index tracked
NYSE Arca Gold Miners
Management style
Passive
DUST is an aggressive inverse play on the widely followed gold mining index, the NYSE Arca Gold Miners Index. The fund promises to provide inverse exposure to these firms with a leverage factor of 2 on a daily basis. Like most leveraged and inverse products, it's designed to provide a one-day bet on the index. As such, the fund is designed to be held for no more than one trading day. For longer periods, the effects of compounding may cause it to sometimes drift from the -200% exposure it promises to provide to the underlying index. Since the fund is designed for daily use, the trading costs are of greater importance. Prior to March 31, 2020, the fund provided 3x inverse daily exposure to the same index.

Classification

Asset Class
Equity
Category
Sector
Focus
Materials
Niche
Gold miners
Strategy
Vanilla
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash100.00%

See all ideas 

Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy