Direxion Daily Junior Gold Miners Index Bear… (JDST) Performance
JDST total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −37.1% since Dec 31, 2025
- 1 year
- −60.5% total return
- 5 years
- −55.2% a year
- 10 years
- −61.2% a year
- Since first price
- −54.7% a year since 2013
JDST trailing returns vs SPY, QQQ, AGG
| Period | JDST total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +42.7% | +42.7% | −1.0% | −5.0% | +0.9% |
| 3 months | −20.0% | −20.7% | +3.2% | +1.9% | −0.4% |
| 6 months | +0.9% | −0.7% | +7.8% | +8.4% | −1.5% |
| YTD | −37.1% | −39.0% | +12.3% | +15.1% | −1.0% |
| 1 year | −60.5% | −62.0% | +14.4% | +15.9% | −1.1% |
| 3 years | −97.4%−70.6%/yr | −97.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −98.2%−55.2%/yr | −98.5% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | −99.99%−61.2%/yr | −99.99% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionOct 3, 2013 | −100.00%−54.7%/yr | −100.00% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: JDST vs SPY
From Oct 3, 2013: JDST grew to $0, SPY to $56,405.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
JDST returns by calendar year
1 of 12 full years positive. Best 2021 (+11.0%), worst 2020 (−96.0%). 2026 is year to date.
JDST annual returns table
| Year | JDST | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −37.1% | −63.3% | +12.3% | +15.1% | −1.0% |
| 2025 | −91.1% | −91.6% | +17.7% | +20.8% | +7.2% |
| 2024 | −41.0% | −72.9% | +24.9% | +25.6% | +1.3% |
| 2023 | −28.3% | −46.9% | +26.2% | +54.9% | +5.7% |
| 2022 | −26.2% | −59.8% | −18.2% | −32.6% | −13.0% |
| 2021 | +11.0% | −41.9% | +28.7% | +27.4% | −1.8% |
| 2020 | −96.0% | −98.9% | +18.3% | +48.6% | +7.5% |
| 2019 | −80.3% | −82.2% | +31.2% | +39.0% | +8.5% |
| 2018 | −1.6% | −43.4% | −4.6% | −0.1% | +0.1% |
| 2017 | −63.4% | −64.0% | +21.7% | +32.7% | +3.6% |
| 2016 | −42.0% | −67.6% | +12.0% | +7.1% | +2.4% |
| 2015 | 0.0% | 0.0% | +1.2% | +9.4% | +0.5% |
| 2014 | 0.0% | 0.0% | +13.5% | +19.2% | +6.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
JDST largest drawdowns
Now 100.00% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 7, 2016 | −100.00% | Aug 25, 2026 | not yet | 10.2 years | 10.4 years so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
JDST risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2013 |
|---|---|---|---|---|
| Annualized return | −74.1% | −59.9% | −62.0% | −55.9% |
| Volatility (annualized) | 76.5% | 74.4% | 78.8% | 73.3% |
| Sharpe ratio | -1.33 | -0.84 | -0.73 | -0.66 |
| Sortino ratio | -1.48 | -1.02 | -0.88 | -0.80 |
| Best month | +51.8% | +51.8% | +51.8% | +56.0% |
| Worst month | −49.1% | −49.1% | −79.5% | −79.5% |
| Best 12 months | −41.0% | +23.0% | +65.8% | +65.8% |
| Worst 12 months | −94.7% | −94.7% | −98.1% | −98.1% |
| Positive months | 33% | 38% | 43% | 34% |
| Beta vs S&P 500 | -0.90 | -1.73 | -0.93 | — |
| Correlation with S&P 500 | -0.15 | -0.37 | -0.18 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
JDST rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 145 | −98.1% | −41.2% | +65.8% | 10% |
| 3-year (a year) | 121 | −82.1% | −46.9% | −8.8% | 0% |
| 5-year (a year) | 97 | −73.4% | −62.2% | −20.0% | 0% |
| 10-year (a year) | 37 | −65.7% | −56.5% | −48.4% | 0% |
Every holding period starting at a month-end since 2013. Returns for 3 years and longer are annualized.
JDST performance overview
Direxion Daily Junior Gold Miners Index Bear… (JDST) returned −60.5% over the past year and −61.2% a year over ten years, with distributions reinvested. Since its first recorded price in 2013 it has returned −54.7% a year, turning $10,000 into about $0. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −100.00%, from Jun 7, 2016 to Aug 25, 2026; the fund has not yet regained that high. JDST finished 1 of its 12 full calendar years with a gain; the best year was 2021 (+11.0%) and the worst 2020 (−96.0%). Volatility has been 73.3% a year.
Related: JDST chart, JDST dividends. See the JDST overview for the latest quote and fund facts.
JDST performance FAQ
What is the JDST return over the past year?
JDST returned −60.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 62.0%.
What is the average annual return of JDST?
JDST has returned −55.2% a year over 5 years, −61.2% a year over 10 years, −54.7% a year since October 3, 2013 (total return, distributions reinvested).
How much would $10,000 invested in JDST be worth?
$10,000 invested in JDST at its first recorded close on October 3, 2013 would be worth about $0 on October 23, 2026 with distributions reinvested.
What was the worst year for JDST?
The worst calendar year was 2020, with a total return of −96.0%. The best was 2021 at +11.0%.
What is the biggest drawdown of JDST?
The largest peak-to-trough decline was −100.00% between June 7, 2016 and August 25, 2026. It has not yet recovered to that high; it is 100.00% below its peak.
How volatile is JDST?
Over the past 3 years JDST had an annualized volatility of 76.5% and a Sharpe ratio of -1.33 (excess return over 1–3 month T-bills per unit of risk).