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

Direxion Daily Junior Gold Miners Index Bear 2X Shares

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Key stats

Assets under management (AUM)
‪64.99 M‬USD
Fund flows (1Y)
‪−4.24 M‬USD
Dividend yield (indicated)
0.77%
Discount/Premium to NAV
−0.5%

About Direxion Daily Junior Gold Miners Index Bear 2X Shares

Issuer
Rafferty Asset Management LLC
Brand
Direxion
Expense ratio
0.98%
Home page
Inception date
Oct 3, 2013
Index tracked
MVIS Global Junior Gold Miners
Management style
Passive
JDST provides geared inverse exposure (-2x) to the MVIS Global Junior Gold Miners Index, a cap-weighted index of global gold mining companies that derive at least 50% of their revenue from gold or silver mining activities. The index caps exposure to silver mining firms at 20% during each quarterly review. The term junior refers to the size of these firms, which are considered small-caps by the index provider. Overall, this tends to be a volatile segment. Like most inverse and leveraged products (including sister fund JNUG, which provides 2x exposure to the same index), JDST's exposure is reset daily. The fund is therefore designed to be used as a tactical trading tool. You must regularly reset your exposure to get the multiple if you hold the fund for more than a day. Prior to March 31, 2020, the fund provided -3x 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%

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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