NUGT ETF — Direxion Daily Gold Miners Index Bull 2X Shares

Direxion Daily Gold Miners Index Bull 2X Shares (NUGT)

NUGT is an ETF that tracks the Gold Miners Index. As of August 28, 2026, its distribution rate is 0.41%, its trailing-12-month yield is 0.37%, its expense ratio is 1.13%. Dividend Vision Distribution Safety Score™ is 34/100 (Elevated risk). Fund total return is -99.7% over the past 15.7 years, 824.1 points behind SPY at 724.4%.

At the current 0.41% distribution rate, a $10,000 investment would generate approximately $41 per year, or $3.42 per month on an equivalent basis. Actual quarterly payments vary.

Direxion Daily Gold Miners Index Bull 2X Shares is an ETF that seeks to deliver twice the daily performance of a global gold and silver mining companies index through leveraged exposure to publicly traded miners in developed and emerging markets. The fund distributes quarterly at a modest current rate and carries an expense ratio of 1.13%. It appeals to investors seeking leveraged exposure to gold mining equities, though the daily reset mechanism of leveraged funds means results over longer periods may differ substantially from twice the index return, and the strategy involves elevated risk.

NUGT performance versus SPY

Data as of August 28, 2026.

Fund total return is -99.7% over the past 15.7 years, 824.1 points behind SPY at 724.4%. Its deepest 1-year drawdown was 67.4%.

NUGT key facts

Data as of August 28, 2026.

Distribution Safety Score™

34 · Elevated risk

Safety-Adjusted Yield

0.14%

Issuer

Direxion

Asset type

ETF

Asset class

Equity

Inception date

12/08/2010

Expense ratio

1.13%

Distribution rate

0.41%

Distribution frequency

Quarterly

Trailing yield

0.37%

Last close

$194.47

AUM

$1,498,577,551

Average volume

1400939.0

Last dividend

$0.2000

Ex-dividend date

06/23/2026

Payment date

06/30/2026

Beta

0.64

P/E ratio

22.7864

How Dividend Vision calculates yield and returns

Distribution rate (0.41%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (0.37%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 28, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 28, 2026.

Primary sources: Direxion; Index: Gold Miners Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

NUGT risks and drawbacks

NUGT's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 67.4%.

Who may consider NUGT — and who may not

It is a weaker fit for investors who need monthly cash flow (NUGT pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from Direxion.