Direxion Daily Junior Gold Miners Index Bull 2X Shares

JNUG

Market cap $622M

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.

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.

In this risk-on market, levered themes have gathered inflows along with some outsized YTD returns. Many of today's levered ETFs are single-stock ETFs focused on high-flying companies such as Palantir.

Gold remains in a strong long-term bullish trend, with junior gold miners and related ETFs delivering leveraged upside performance in 2025. GDXJ, JNUG, and GDXU have all significantly outperformed gold futures recently, with GDXU providing the highest short-term returns. GDXJ is unleveraged but carries inherent risk; JNUG and GDXU offer explicit leverage and require disciplined risk management due to time decay and volatility.