Direxion Daily Gold Miners Index Bull 2X Shares is an exchange-traded fund (ETF) that aims to provide investors with double the daily performance of the NYSE Arca Gold Miners Index. Managed by Rafferty Asset Management, this fund primarily invests in the stocks of companies within the gold mining sector, including both growth and value stocks across various market capitalizations. It employs derivatives like futures and swaps to achieve its investment goals, focusing on global equity markets related to gold, materials, and mining.
Gold and silver sparked a chain reaction across leveraged ETFs today, but the mechanics behind those eye-catching percentage gains tell a more complicated story about what these instruments actually deliver over time.
If you put $10,000 into Direxion Daily Gold Miners Index Bull 2X Shares (NYSEARCA:NUGT) at Friday’s open on June 5, 2026, you walked out of the close with about $8,300. The fund…
ThinkstockMetallurgical coal miner Walter Energy Inc. (NYSE: WLT) today cut its quarterly dividend from $0.125 to $0.01. The cut was demanded by creditors in order to let the company amend a $2.73…
The Direxion Daily Financial Bull 3X Shares (NYSEMKT: FAS) and the inverse Direxion Daily Financial Bear 3X Shares (NYSEMKT: FAZ) are leading our Daily ETF Folly feature ahead of the coming bank…
