Direxion Daily Gold Miners Index Bear 2X Shares (DUST)Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
32.36 USD
+2.33
(7.759%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 32.70 +0.34 (1.051%) ⇧ (Aug. 28, 2026, 7:56 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 2:33 a.m. EDT
This instrument is a classic 'value trap' disguised as a high-yield opportunity. The headline 4.36% dividend yield is a mirage; the recent dividend history shows payouts skyrocketing from $0.32 to $15.20 per share while the stock price has plummeted from $71,250 to roughly $30. This is not sustainable income; it is capital destruction via NAV erosion. The underlying asset, a leveraged inverse ETF on gold miners, has suffered a catastrophic 99.75% drawdown over nine years, with the last three years showing consecutive negative returns. The market has correctly priced this as a failing vehicle. While the recent price action shows some stabilization near the $30 level, the structural damage is irreversible. The options market confirms this pessimism, with traders buying deep protection against further declines rather than betting on a bounce. Avoid this security entirely; the 'yield' is simply the speed at which your principal is being erased. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.208205 |
| AutoARIMA | 0.208436 |
| AutoETS | 0.209219 |
| MSTL | 0.228287 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 25% |
| H-stat | 4.77 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.009 |
| Excess Kurtosis | -0.02 |
As of Aug. 22, 2026, 2:33 a.m. EDT: Speculators are aggressively positioning for a continued collapse, evidenced by massive open interest walls in deep out-of-the-money puts (strikes $1-$13) across multiple expirations, while call activity is negligible except for speculative bets on a rebound to $50+. The implied volatility skew is extreme, with deep OTM puts trading at significantly lower premiums relative to their strike distance compared to calls, indicating a market pricing in a high probability of further downside rather than a recovery.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.53% | 3.59% | 4.02% | 2.82% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-23 | 0.319 | 0.529109 |
| 2026-03-24 | 0.768 | 1.214229 |
| 2025-12-23 | 0.650 | 0.958702 |
| 2025-09-23 | 1.030 | 0.888697 |
| 2025-06-24 | 2.340 | 0.939382 |
| 2025-03-25 | 5.280 | 1.408000 |
| 2024-12-23 | 3.720 | 0.556386 |
| 2024-09-24 | 5.900 | 1.191919 |
| 2024-06-25 | 9.600 | 1.248375 |
| 2024-03-19 | 15.200 | 1.370604 |
| 2023-12-21 | 6.400 | 0.640000 |
| 2023-09-19 | 13.700 | 1.111111 |
| 2023-06-21 | 9.800 | 0.806584 |
| 2023-03-21 | 15.700 | 1.250996 |
| 2020-03-24 | 72.500 | 1.141732 |
| 2019-12-23 | 32.500 | 0.194030 |
| 2019-09-24 | 77.500 | 0.496000 |
| 2019-06-25 | 50.000 | 0.177778 |
| 2019-03-19 | 187.500 | 0.395987 |
| 2018-12-27 | 57.500 | 0.098333 |
| 2018-09-25 | 77.500 | 0.083177 |
| 2018-03-20 | 75.000 | 0.104094 |
| 2011-12-13 | 123562.500 | 5.095361 |
| Attribute | Value |
|---|---|
| All Time High | 10,406,250.0 |
| All Time Low | 5.74 |
| Ask | 32.59 |
| Ask Size | 1,300 |
| Average Daily Volume10 Day | 1,948,850 |
| Average Daily Volume3 Month | 964,693 |
| Average Volume | 964,693 |
| Average Volume10Days | 1,948,850 |
| Beta3 Year | -0.93 |
| Bid | 32.27 |
| Bid Size | 1,300 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 32.96 |
| Day Low | 29.4744 |
| Dividend Yield | 4.36 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 54.0662 |
| Fifty Day Average Change | -21.7062 |
| Fifty Day Average Change Percent | -0.40147448 |
| Fifty Two Week Change Percent | -80.712906 |
| Fifty Two Week High | 163.6 |
| Fifty Two Week High Change | -131.24 |
| Fifty Two Week High Change Percent | -0.8022005 |
| Fifty Two Week Low | 29.01 |
| Fifty Two Week Low Change | 3.3500004 |
| Fifty Two Week Low Change Percent | 0.115477435 |
| Fifty Two Week Range | 29.01 - 163.6 |
| First Trade Date Milliseconds | 1,291,818,600,000 |
| Five Year Average Return | -0.56062144 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 2.33 |
| Fullday Change Percent | 7.75891 |
| Fullday Price | 32.7 |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,291,766,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The index is comprised of publicly traded common stocks, ADRs or GDRs of companies that operate globally in both developed and emerging markets, and are involved primarily in mining for gold. The fund invests at least 80% of its net assets in swap agreements, futures contracts, or short positions, that, in combination, provide 2X daily inverse or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. It is non-diversified. |
| Long Name | Direxion Daily Gold Miners Index Bear 2X Shares |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_116840433 |
| Nav Price | 30.795 |
| Net Assets | 70,720,688.0 |
| Net Expense Ratio | 0.94 |
| Open | 29.8 |
| Phone | 866-476-7523 |
| Post Market Change | 0.34000015 |
| Post Market Change Percent | 1.0506803 |
| Post Market Price | 32.7 |
| Post Market Time | 1,787,961,414 |
| Previous Close | 30.03 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 2.33 |
| Regular Market Change Percent | 7.75891 |
| Regular Market Day High | 32.96 |
| Regular Market Day Low | 29.4744 |
| Regular Market Day Range | 29.4744 - 32.96 |
| Regular Market Open | 29.8 |
| Regular Market Previous Close | 30.03 |
| Regular Market Price | 32.36 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 4,280,680 |
| Shares Outstanding | 13,418,700 |
| Short Name | Direxion Daily Gold Miners Inde |
| Source Interval | 15 |
| Symbol | DUST |
| Three Year Average Return | -0.7040409 |
| Total Assets | 70,720,688 |
| Tradeable | 0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 20.37048 |
| Trailing Three Month Returns | 20.37048 |
| Triggerable | 1 |
| Two Hundred Day Average | 58.20845 |
| Two Hundred Day Average Change | -25.84845 |
| Two Hundred Day Average Change Percent | -0.44406697 |
| Type Disp | ETF |
| Volume | 4,280,680 |
| Yield | 0.0436 |
| Ytd Return | -13.37969 |