Direxion Daily Gold Miners Index Bull 2X Shares (NUGT)Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
194.47 USD
-16.32
(-7.742%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 193.37 -1.10 (-1.100%) ⇩ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:54 a.m. EDT
The 2x leveraged structure of NUGT has created a dangerous divergence between its recent price recovery and its underlying reality. While the price has rallied nearly 70% in the last two weeks, the annual trajectory shows an 83% collapse over the last nine years, confirming that the recent bounce is a technical mean reversion rather than a fundamental turnaround. The options market screams caution: traders are buying deep protection at strikes like $70 and $121, while the statistical forecast model offers zero directional confidence. For a leveraged product, this lack of statistical edge combined with the structural drag of compounding decay makes holding risky despite the short-term momentum. The dividend is negligible and irrelevant to the investment thesis. This is a high-risk momentum play suitable only for traders betting on a continuation of the gold rally, not investors seeking stability. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.206732 |
| AutoETS | 0.206735 |
| AutoTheta | 0.217846 |
| MSTL | 0.230575 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 34% |
| H-stat | 0.64 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.026 |
| Excess Kurtosis | -0.07 |
| Attribute | Value |
|---|---|
| Trailing P/E | 22.68 |
As of Aug. 22, 2026, 4:54 a.m. EDT: Speculators are aggressively positioning for a sharp downside correction, evidenced by massive out-of-the-money put volume and open interest walls at strikes like $70 and $121. Conversely, there is significant call activity at deep out-of-the-money strikes ($245, $310) and ATM levels, suggesting a 'long gamma' strategy where traders profit from volatility expansion regardless of direction, but the heavy put skew indicates fear of a gap down.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.16% | 0.46% | 1.27% | 0.98% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-23 | 0.200 | 0.160488 |
| 2026-03-24 | 0.301 | 0.191196 |
| 2025-12-23 | 0.216 | 0.105474 |
| 2025-06-24 | 0.039 | 0.052582 |
| 2025-03-25 | 0.148 | 0.248239 |
| 2024-12-23 | 0.246 | 0.679558 |
| 2024-09-24 | 0.066 | 0.122745 |
| 2024-06-25 | 0.120 | 0.319915 |
| 2024-03-19 | 0.198 | 0.677618 |
| 2023-12-21 | 0.329 | 0.923898 |
| 2023-09-19 | 0.110 | 0.343000 |
| 2023-06-21 | 0.087 | 0.249641 |
| 2023-03-21 | 0.053 | 0.146409 |
| 2022-12-20 | 0.240 | 0.690449 |
| 2019-12-23 | 0.710 | 0.476031 |
| 2019-06-25 | 0.250 | 0.181028 |
| 2019-03-19 | 0.130 | 0.135205 |
| 2018-12-27 | 0.175 | 0.203134 |
| 2018-03-20 | 0.325 | 0.291741 |
| 2011-12-13 | 2038.000 | 4.457568 |
| Attribute | Value |
|---|---|
| All Time High | 87,300.0 |
| All Time Low | 20.3 |
| Ask | 196.0 |
| Ask Size | 300 |
| Average Daily Volume10 Day | 840,950 |
| Average Daily Volume3 Month | 717,174 |
| Average Volume | 717,174 |
| Average Volume10Days | 840,950 |
| Beta3 Year | 0.64 |
| Bid | 192.67 |
| Bid Size | 100 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 215.15 |
| Day Low | 190.51 |
| Dividend Yield | 0.65 |
| Eps Trailing Twelve Months | 8.573104 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 138.7932 |
| Fifty Day Average Change | 55.676804 |
| Fifty Day Average Change Percent | 0.40114936 |
| Fifty Two Week Change Percent | 72.923706 |
| Fifty Two Week High | 320.79 |
| Fifty Two Week High Change | -126.32001 |
| Fifty Two Week High Change Percent | -0.39377788 |
| Fifty Two Week Low | 98.81 |
| Fifty Two Week Low Change | 95.66 |
| Fifty Two Week Low Change Percent | 0.9681207 |
| Fifty Two Week Range | 98.81 - 320.79 |
| First Trade Date Milliseconds | 1,291,818,600,000 |
| Five Year Average Return | 0.3323294 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -16.32 |
| Fullday Change Percent | -7.7423 |
| Fullday Price | 193.37 |
| 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 global depositary receipts of companies that operate globally in both developed and emerging markets, and the index provider defines as involved primarily in mining for gold and, to a lesser extent, in mining for silver. The fund invests at least 80% of its net assets in financial instruments, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified. |
| Long Name | Direxion Daily Gold Miners Index Bull 2X Shares |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_116840403 |
| Nav Price | 210.906 |
| Net Assets | 847,332,160.0 |
| Net Expense Ratio | 1.13 |
| Open | 212.98 |
| Phone | 866-476-7523 |
| Post Market Change | -1.1000061 |
| Post Market Change Percent | -0.5656431 |
| Post Market Price | 193.37 |
| Post Market Time | 1,787,961,551 |
| Previous Close | 210.79 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -16.32 |
| Regular Market Change Percent | -7.7423 |
| Regular Market Day High | 215.15 |
| Regular Market Day Low | 190.51 |
| Regular Market Day Range | 190.51 - 215.15 |
| Regular Market Open | 212.98 |
| Regular Market Previous Close | 210.79 |
| Regular Market Price | 194.47 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 1,400,939 |
| Short Name | Direxion Daily Gold Miners Inde |
| Source Interval | 15 |
| Symbol | NUGT |
| Three Year Average Return | 0.9334098 |
| Total Assets | 847,332,160 |
| Tradeable | 0 |
| Trailing P E | 22.683733 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -35.04024 |
| Trailing Three Month Returns | -35.04024 |
| Triggerable | 1 |
| Two Hundred Day Average | 183.08315 |
| Two Hundred Day Average Change | 11.386856 |
| Two Hundred Day Average Change Percent | 0.062195 |
| Type Disp | ETF |
| Volume | 1,400,939 |
| Yield | 0.0064999997 |
| Ytd Return | -39.61807 |