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

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

Updated October 16, 2026.

NUGT is an ETF that tracks the Gold Miners Index. its distribution rate is 1.09%, its trailing-12-month yield is 0.76%, its expense ratio is 1.13%. Dividend Vision Distribution Safety Score™ is 17/100 (High risk). Total return is -99.8% over the past 15.9 years, 819.7 points behind SPY at 719.9%.

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

Price and return data through 2026-10-16.

Total return is -99.8% over the past 15.9 years, 819.7 points behind SPY at 719.9%. Over the past year its total return — price change plus distributions reinvested — is -21.5%. Its deepest 1-year drawdown was 67.4%.

NUGT key facts

Distribution Safety Score™

17 · High risk

Safety-Adjusted Yield

0.19%

Issuer

Direxion

Asset type

ETF

Asset class

Equity

Inception date

12/08/2010

Expense ratio

1.13%

Distribution rate

1.09%

Distribution frequency

Quarterly

Trailing yield

0.76%

Last close

$145.66 (as of 2026-10-16)

AUM

$1,022,771,022

Average volume

598519.0

Dividend

$0.396

Ex-dividend date

09/22/2026

Payment date

09/29/2026

Beta

0.51

How Dividend Vision calculates yield and returns

Distribution rate (1.09%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.76%) 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: 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.

More on NUGT

• All tickers starting with N

Tagged: Leverage, Gold.

Frequently asked questions

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