Direxion Daily Gold Miners Index Bear 2X ETF

DUST

Market cap $89M

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Direxion Daily Gold Miners Index Bear 2X Shares (NYSEARCA:DUST) is a trader's instrument, not an investment.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Gold miners have had a remarkable run. VanEck Gold Miners ETF ( NYSEARCA:GDX ) is up 18.2% year-to-date and 146.84% over the past year.

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Over the last few years, the market has seen a number of trends that have led to huge market moves.

Gold and silver have surged, with miners up 180% in the past year, driving extreme overbought conditions in GDX. DUST, a 2x leveraged inverse ETF on GDX, is positioned as a short-term trading hedge, not a long-term investment. Technical signals—RSI near 80, GDX 61% above its 200 DMA, and historic monthly overbought readings—suggest a pullback is likely.