DUST

Direxion Daily Gold Miners Index Bear 2X Shares

$10.10

+0.00%

Market closed. Last update: 10:52 PM ET

📎 Investment Objective

DUST seeks to provide daily investment results that correspond to twice the inverse (or opposite) of the daily performance of the NYSE Arca Gold Miners Index.

Overview

ETF tracking Direxion Daily Gold Miners Index Bear 2X Shares

Category Leveraged

Issuer Other

Inception Date 2010-12-08

Market Cap N/A

Average Volume N/A

Dividend Yield 12.25%

52-Week Range $8.74 - $69.54

VWAP $10.13

Performance

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Price Chart

Investment Summary

📎 Investment Objective

DUST seeks to provide daily investment results that correspond to twice the inverse (or opposite) of the daily performance of the NYSE Arca Gold Miners Index.

🎯 Investment Strategy

DUST uses a range of financial instruments, such as futures contracts and swap agreements, to achieve its investment objective. The fund aims to generate returns that are -2x the daily performance of the underlying gold mining index.

✨ Key Features

Leveraged inverse exposure to gold mining stocks
Designed for short-term trading, not long-term buy-and-hold
Highly volatile and speculative, not suitable for all investors
Tracks the NYSE Arca Gold Miners Index

⚠️ Primary Risks

Significant daily volatility and potential for large losses
Leverage magnifies both gains and losses
Tracking error can cause performance to deviate from the target
Counterparty risk from use of derivatives

👤 Best For

DUST is a highly speculative investment product intended for sophisticated traders with a very short-term investment horizon and a high risk tolerance. It is not suitable for long-term investors or those seeking stable exposure to the gold mining sector.