Description: The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the NYSE Arca Gold Miners Index. The fund creates long positions by investing at least 80% of assets in the equity securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a modified market capitalization weighted index comprised of publicly traded companies that operate globally in both developed and emerging markets, and are involved primarily in the mining for gold and silver. The fund is non-diversified.
Home Page: www.direxioninvestments.com/products/direxion-daily-gold-miners-bull-3x-etf
NUGT Technical AnalysisExchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Trading--Leveraged Equity
Asset Allocation | |||
---|---|---|---|
Asset Class | Long % | Short % | Net Assets |
Stock non-US | 45.87 | 0.00 | 45.87 |
Cash | 50.81 | 7.11 | 43.71 |
Stock US | 10.42 | 0.00 | 10.42 |
Sector Weights | ||
---|---|---|
Sector | Equity % | Relative to Category |
Basic Materials | 100.00 | 2.73 |
World Regions | ||
---|---|---|
Region | Equity % | Relative to Category |
North America | 68.23 | 94.18 |
Australasia | 13.01 | 0.19 |
Africa/Middle East | 9.71 | 0.11 |
Asia Emerging | 4.59 | 2.04 |
United Kingdom | 2.25 | 0.35 |
Europe Emerging | 1.41 | 0.03 |
Latin America | 0.82 | 0.34 |
Japan | 0.00 | 0.01 |
Asia Developed | 0.00 | 1.00 |
Europe Developed | 0.00 | 1.76 |