JNUG ETF — Direxion Daily Junior Gold Miners Index Bull 2X Shares

Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG)

Updated October 16, 2026.

JNUG is an ETF that tracks the Junior Gold Miners Index. its distribution rate is 2.21%, its trailing-12-month yield is 2.57%, its expense ratio is 1.03%. Dividend Vision Distribution Safety Score™ is 30/100 (Elevated risk). Total return is -99.6% over the past 13 years, 566.1 points behind SPY at 466.5%.

Direxion Daily Junior Gold Miners Index Bull 2X Shares is an ETF that seeks to deliver twice the daily performance of the Junior Gold Miners Index, which tracks small- and mid-cap gold and silver mining companies globally. The fund uses leverage through swap agreements and related financial instruments to achieve its amplified exposure, carries an expense ratio of 1.03%, and distributes on a quarterly basis, though its latest distribution was special and may not recur regularly. This leveraged product appeals primarily to tactical traders and investors seeking amplified exposure to junior precious metals mining rather than buy-and-hold income seekers, as daily rebalancing of leverage creates tracking differences over longer periods.

JNUG performance versus SPY

Price and return data through 2026-10-16.

Total return is -99.6% over the past 13 years, 566.1 points behind SPY at 466.5%. Over the past year its total return — price change plus distributions reinvested — is -31.8%. Its deepest 1-year drawdown was 70.6%.

JNUG key facts

Distribution Safety Score™

30 · Elevated risk

Safety-Adjusted Yield

0.66%

Issuer

Direxion

Asset type

ETF

Asset class

Commodity

Inception date

10/03/2013

Expense ratio

1.03%

Distribution rate

2.21%

Distribution frequency

Quarterly

Trailing yield

2.57%

Last close

$136.78 (as of 2026-10-16)

AUM

$412,991,539

Average volume

199995.0

Dividend

$0.755

Ex-dividend date

09/22/2026

Payment date

09/29/2026

Beta

0.75

How Dividend Vision calculates yield and returns

Distribution rate (2.21%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.57%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Direxion; Index: Junior 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.

JNUG risks and drawbacks

JNUG'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 70.6%.

Who may consider JNUG — and who may not

JNUG may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (JNUG 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.

More on JNUG

• All tickers starting with J

Tagged: Leverage, Gold.

Frequently asked questions

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