(NUGT) Direxion Daily Gold Miners - Ratings and Ratios
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US25460E8443 • Trading--Leveraged Equity
NUGT: Gold, Silver, Mining, Stocks
The Direxion Daily Gold Miners Index Bull 2X Shares (NUGT) is a leveraged exchange-traded fund (ETF) designed to provide twice the daily return of the NYSE Arca Gold Miners Index. The fund achieves this through investments in swap agreements, futures contracts, and other financial instruments. The index tracks the performance of global gold and silver mining companies, including those listed on foreign exchanges through ADRs or GDRs. The funds portfolio is concentrated, as it is non-diversified and focuses on a specific sector.
NUGTs underlying index includes companies engaged primarily in gold mining, with secondary exposure to silver mining. The funds leverage is reset daily, meaning returns can compound or decay significantly over short periods. Investors should be aware that leveraged ETFs like NUGT are designed for short-term trading and may not perform as expected over longer timeframes due to compounding effects. The funds expense ratio and volatility make it unsuitable for buy-and-hold strategies.
Based on the technical and fundamental data provided, here is a 3-month forecast for NUGT: The fund is expected to experience heightened volatility, with price movements influenced by gold prices and broader market sentiment. The 20-day moving average (50.20) and 50-day moving average (43.46) suggest a potential downtrend, while the 200-day moving average (44.48) indicates medium-term instability. The average true range (ATR) of 2.20 signals moderate volatility, which could amplify due to the funds 2X leverage. With assets under management (AUM) at $549.52 million, NUGT remains a popular choice among traders seeking leveraged exposure to gold miners, but investors should remain cautious due to the risks associated with leveraged ETFs.
Additional Sources for NUGT ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
NUGT ETF Overview
Market Cap in USD | 543m |
Category | Trading--Leveraged Equity |
TER | 1.18% |
IPO / Inception | 2010-12-08 |
NUGT ETF Ratings
Growth 5y | -3.68% |
Fundamental | - |
Dividend | 34.0% |
Rel. Strength Industry | 77 |
Analysts | - |
Fair Price Momentum | 56.31 USD |
Fair Price DCF | - |
NUGT Dividends
Dividend Yield 12m | 1.27% |
Yield on Cost 5y | 1.26% |
Annual Growth 5y | 37.95% |
Payout Consistency | 33.3% |
NUGT Growth Ratios
Growth Correlation 3m | 84.6% |
Growth Correlation 12m | 51.9% |
Growth Correlation 5y | -59.8% |
CAGR 5y | 2.39% |
CAGR/Max DD 5y | 0.03 |
Sharpe Ratio 12m | 1.57 |
Alpha | 69.29 |
Beta | 1.54 |
Volatility | 62.15% |
Current Volume | 1407.2k |
Average Volume 20d | 1413.5k |
As of March 15, 2025, the stock is trading at USD 56.20 with a total of 1,407,162 shares traded.
Over the past week, the price has changed by +9.25%, over one month by +11.31%, over three months by +41.28% and over the past year by +83.52%.
Neither. Based on ValueRay Analyses, Direxion Daily Gold Miners is currently (March 2025) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of -3.68 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NUGT as of March 2025 is 56.31. This means that NUGT is currently overvalued and has a potential downside of 0.2%.
Direxion Daily Gold Miners has no consensus analysts rating.
According to ValueRays Forecast Model, NUGT Direxion Daily Gold Miners will be worth about 66.1 in March 2026. The stock is currently trading at 56.20. This means that the stock has a potential upside of +17.67%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 66.1 | 17.7% |