Direxion Daily Junior Gold Miners Index Bull… (JNUG) Performance
JNUG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −45.4% since Dec 31, 2025
- 1 year
- −23.5% total return
- 5 years
- +11.1% a year
- 10 years
- −26.6% a year
- Since first price
- −35.6% a year since 2013
JNUG trailing returns vs SPY, QQQ, AGG
| Period | JNUG total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −34.6% | −34.6% | −1.0% | −5.0% | +0.9% |
| 3 months | −4.5% | −4.9% | +3.2% | +1.9% | −0.4% |
| 6 months | −44.8% | −45.2% | +7.8% | +8.4% | −1.5% |
| YTD | −45.4% | −46.3% | +12.3% | +15.1% | −1.0% |
| 1 year | −23.5% | −25.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +311.7%+60.3%/yr | +287.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +68.9%+11.1%/yr | +56.8% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | −95.5%−26.6%/yr | −95.9% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionOct 3, 2013 | −99.7%−35.6%/yr | −99.7% | — | — | — |
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: JNUG vs SPY
From Oct 3, 2013: JNUG grew to $32, SPY to $56,405.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
JNUG returns by calendar year
4 of 12 full years positive. Best 2025 (+478.6%), worst 2020 (−85.5%). 2026 is year to date.
JNUG annual returns table
| Year | JNUG | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −45.4% | −70.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +478.6% | −40.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +10.0% | −40.6% | +24.9% | +25.6% | +1.3% |
| 2023 | −4.8% | −53.6% | +26.2% | +54.9% | +5.7% |
| 2022 | −43.6% | −76.7% | −18.2% | −32.6% | −13.0% |
| 2021 | −46.6% | −63.1% | +28.7% | +27.4% | −1.8% |
| 2020 | −85.5% | −96.5% | +18.3% | +48.6% | +7.5% |
| 2019 | +82.5% | −50.5% | +31.2% | +39.0% | +8.5% |
| 2018 | −48.1% | −68.8% | −4.6% | −0.1% | +0.1% |
| 2017 | −20.2% | −75.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +79.7% | −87.0% | +12.0% | +7.1% | +2.4% |
| 2015 | −74.5% | −87.2% | +1.2% | +9.4% | +0.5% |
| 2014 | −83.8% | −95.2% | +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.
JNUG largest drawdowns
Now 99.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 25, 2013 | −99.9% | Sep 26, 2022 | not yet | 8.9 years | 13.0 years so far |
| Oct 3, 2013 | −34.0% | Oct 11, 2013 | Oct 22, 2013 | 8 days | 19 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
JNUG risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2013 |
|---|---|---|---|---|
| Annualized return | +83.6% | +24.8% | −26.4% | −33.2% |
| Volatility (annualized) | 91.6% | 84.3% | 92.2% | 112.8% |
| Sharpe ratio | 1.04 | 0.61 | 0.19 | 0.20 |
| Sortino ratio | 2.19 | 1.14 | 0.31 | 0.36 |
| Best month | +74.1% | +74.1% | +92.8% | +143.1% |
| Worst month | −43.8% | −43.8% | −91.5% | −91.5% |
| Best 12 months | +699.9% | +699.9% | +699.9% | +699.9% |
| Worst 12 months | −7.0% | −61.5% | −91.9% | −96.4% |
| Positive months | 58% | 50% | 43% | 44% |
| Beta vs S&P 500 | 0.74 | 1.71 | 2.15 | — |
| Correlation with S&P 500 | 0.10 | 0.32 | 0.36 | — |
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.
JNUG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 145 | −96.4% | −25.8% | +699.9% | 34% |
| 3-year (a year) | 121 | −68.6% | −37.6% | +128.9% | 17% |
| 5-year (a year) | 97 | −58.7% | −42.3% | +35.7% | 15% |
| 10-year (a year) | 37 | −51.1% | −28.9% | −8.0% | 0% |
Every holding period starting at a month-end since 2013. Returns for 3 years and longer are annualized.
JNUG performance overview
Direxion Daily Junior Gold Miners Index Bull… (JNUG) returned −23.5% over the past year and −26.6% a year over ten years, with distributions reinvested. Since its first recorded price in 2013 it has returned −35.6% a year, turning $10,000 into about $32. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −99.9%, from Oct 25, 2013 to Sep 26, 2022; the fund has not yet regained that high. JNUG finished 4 of its 12 full calendar years with a gain; the best year was 2025 (+478.6%) and the worst 2020 (−85.5%). Volatility has been 112.8% a year.
Related: JNUG chart, JNUG dividends. See the JNUG overview for the latest quote and fund facts.
JNUG performance FAQ
What is the JNUG return over the past year?
JNUG returned −23.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 25.1%.
What is the average annual return of JNUG?
JNUG has returned +11.1% a year over 5 years, −26.6% a year over 10 years, −35.6% a year since October 3, 2013 (total return, distributions reinvested).
How much would $10,000 invested in JNUG be worth?
$10,000 invested in JNUG at its first recorded close on October 3, 2013 would be worth about $32 on October 23, 2026 with distributions reinvested.
What was the worst year for JNUG?
The worst calendar year was 2020, with a total return of −85.5%. The best was 2025 at +478.6%.
What is the biggest drawdown of JNUG?
The largest peak-to-trough decline was −99.9% between October 25, 2013 and September 26, 2022. It has not yet recovered to that high; it is 99.7% below its peak.
How volatile is JNUG?
Over the past 3 years JNUG had an annualized volatility of 91.6% and a Sharpe ratio of 1.04 (excess return over 1–3 month T-bills per unit of risk).