JNUG: A Primer On The Structure And Suitability Of This Leveraged ETF
Source: SeekingAlpha
2025-10-02 17:43:47 ET
The Direxion Daily Junior Gold Miners Index Bull 2X Shares ETF ( JNUG ) is a leveraged exchange-traded fund that aims to deliver 200% of the daily performance of the MVIS Global Junior Gold Miners Index. From the fund’s website :
The Direxion Daily Junior Gold Miners Index Bull and Bear 2X Shares seek daily investment results, before fees and expenses, of 200%, or 200% of the inverse (or opposite), of the performance of the MVIS Global Junior Gold Miners Index.
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JNUG: A Primer On The Structure And Suitability Of This Leveraged ETF
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