Direxion Daily Junior Gold Miners Index Bull 2X Shares

JNUG

Market cap $684M

Gold mining funds led Direxion's leveraged ETF lineup in 2025, outperforming the firm's semiconductor and AI-focused products, according to ETF Database. The Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG) gained 547.3% this year through December 23, while the Direxion Daily Gold Miners Index Bull 2x Shares (NUGT) returned 484.

Gold mining funds led Direxion's leveraged ETF lineup in 2025, outperforming the firm's semiconductor and AI-focused products, according to ETF Database. The Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG) gained 547.3% this year through December 23, while the Direxion Daily Gold Miners Index Bull 2x Shares (NUGT) returned 484.

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 has had a strong run in 2025, benefiting miners in the process. But does the rally still have legs or will it slow down to a proverbial crawl?

Gold's bull market remains intact, with futures reaching $4,398 in October 2025 and prospects for further gains into 2026. Junior gold miners and leveraged ETFs like Direxion Daily Junior Gold Miners Index Bull 2X Shares ETF have dramatically outperformed gold, with JNUG rising 468.5% in 2025. JNUG offers amplified returns but carries significant risks from leverage, time decay, and reverse splits—appropriate only for short-term trades with strict risk controls.

The first rate cut of the year added further fuel to the gold rally flame that continues to burn. Additional cuts can only push gold, as well as gold miners, to record levels.

The top annual ETF performers share a common trait, the firm behind them and investors who are ready to trade no matter which direction the market goes.

A new Goldman Sachs report reveals how family offices, a collection of the world's wealthy, are investing in hot areas including gold, cryptocurrency and artificial intelligence.

Gold's appeal strengthens in a rate cut environment as Treasuries lose yield advantage, making gold and correlated gold miners more attractive for allocators. Fed independence concerns and potential rotation out of Treasuries could further boost gold demand, supporting the case for JNUG in the short term. Leveraged ETFs like JNUG are speculative tools best used for short-term trades due to value erosion risks; they're unsuitable for long-term holding.

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.