Direxion Daily Gold Miners Index Bull 2X Shares (NUGT) Performance
NUGT total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −33.8% since Dec 31, 2025
- 1 year
- −12.9% total return
- 5 years
- +19.1% a year
- 10 years
- −7.7% a year
- Since first price
- −33.0% a year since 2010
NUGT trailing returns vs SPY, QQQ, AGG
| Period | NUGT total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −28.1% | −28.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +6.6% | +6.3% | +3.2% | +1.9% | −0.4% |
| 6 months | −35.1% | −35.4% | +7.8% | +8.4% | −1.5% |
| YTD | −33.8% | −34.1% | +12.3% | +15.1% | −1.0% |
| 1 year | −12.9% | −13.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +301.0%+58.9%/yr | +286.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +139.8%+19.1%/yr | +127.7% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | −55.2%−7.7%/yr | −58.0% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | −99.8%−33.0%/yr | −99.8% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionDec 8, 2010 | −99.8%−33.0%/yr | −99.8% | — | — | — |
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: NUGT vs SPY
From Dec 8, 2010: NUGT grew to $18, SPY to $81,640.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
NUGT returns by calendar year
6 of 15 full years positive. Best 2025 (+425.1%), worst 2013 (−95.0%). 2026 is year to date.
NUGT annual returns table
| Year | NUGT | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −33.8% | −67.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +425.1% | −36.3% | +17.7% | +20.8% | +7.2% |
| 2024 | +2.9% | −42.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +2.6% | −51.5% | +26.2% | +54.9% | +5.7% |
| 2022 | −32.1% | −73.7% | −18.2% | −32.6% | −13.0% |
| 2021 | −26.3% | −48.9% | +28.7% | +27.4% | −1.8% |
| 2020 | −60.2% | −86.6% | +18.3% | +48.6% | +7.5% |
| 2019 | +100.7% | −44.2% | +31.2% | +39.0% | +8.5% |
| 2018 | −44.5% | −69.8% | −4.6% | −0.1% | +0.1% |
| 2017 | +3.7% | −54.5% | +21.7% | +32.7% | +3.6% |
| 2016 | +57.3% | −82.9% | +12.0% | +7.1% | +2.4% |
| 2015 | −78.2% | −89.3% | +1.2% | +9.4% | +0.5% |
| 2014 | −59.3% | −84.2% | +13.5% | +19.2% | +6.0% |
| 2013 | −95.0% | −95.7% | +32.3% | +36.6% | −2.0% |
| 2012 | −43.9% | −70.0% | +16.0% | +18.1% | +3.8% |
| 2011 | −48.1% | −56.7% | +1.9% | +3.4% | +7.7% |
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.
NUGT largest drawdowns
Now 99.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 8, 2011 | −99.97% | Sep 26, 2022 | not yet | 11.0 years | 15.1 years so far |
| Apr 8, 2011 | −35.2% | Jun 16, 2011 | Sep 6, 2011 | 2 months | 5 months |
| Dec 14, 2010 | −26.6% | Jan 25, 2011 | Apr 5, 2011 | 42 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
NUGT risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2010 |
|---|---|---|---|---|
| Annualized return | +79.1% | +29.5% | −8.4% | −32.4% |
| Volatility (annualized) | 83.7% | 78.1% | 82.0% | 97.4% |
| Sharpe ratio | 1.03 | 0.64 | 0.27 | 0.06 |
| Sortino ratio | 2.19 | 1.23 | 0.46 | 0.09 |
| Best month | +71.2% | +71.2% | +83.9% | +126.1% |
| Worst month | −39.8% | −39.8% | −70.6% | −70.6% |
| Best 12 months | +570.0% | +570.0% | +570.0% | +570.0% |
| Worst 12 months | −3.7% | −49.1% | −66.6% | −95.0% |
| Positive months | 61% | 55% | 52% | 49% |
| Beta vs S&P 500 | 0.48 | 1.32 | 1.68 | — |
| Correlation with S&P 500 | 0.07 | 0.27 | 0.31 | — |
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.
NUGT rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 179 | −95.0% | −32.1% | +570.0% | 32% |
| 3-year (a year) | 155 | −85.2% | −24.9% | +119.6% | 16% |
| 5-year (a year) | 131 | −73.6% | −25.5% | +45.5% | 14% |
| 10-year (a year) | 71 | −51.5% | −34.2% | +8.3% | 8% |
Every holding period starting at a month-end since 2010. Returns for 3 years and longer are annualized.
NUGT performance overview
Direxion Daily Gold Miners Index Bull 2X Shares (NUGT) returned −12.9% over the past year and −7.7% a year over ten years, with distributions reinvested. Since its first recorded price in 2010 it has returned −33.0% a year, turning $10,000 into about $18. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −99.97%, from Sep 8, 2011 to Sep 26, 2022; the fund has not yet regained that high. NUGT finished 6 of its 15 full calendar years with a gain; the best year was 2025 (+425.1%) and the worst 2013 (−95.0%). Volatility has been 97.4% a year.
Related: NUGT chart, NUGT dividends. See the NUGT overview for the latest quote and fund facts.
NUGT performance FAQ
What is the NUGT return over the past year?
NUGT returned −12.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 13.5%.
What is the average annual return of NUGT?
NUGT has returned +19.1% a year over 5 years, −7.7% a year over 10 years, −33.0% a year since December 8, 2010 (total return, distributions reinvested).
How much would $10,000 invested in NUGT be worth?
$10,000 invested in NUGT at its first recorded close on December 8, 2010 would be worth about $18 on October 23, 2026 with distributions reinvested.
What was the worst year for NUGT?
The worst calendar year was 2013, with a total return of −95.0%. The best was 2025 at +425.1%.
What is the biggest drawdown of NUGT?
The largest peak-to-trough decline was −99.97% between September 8, 2011 and September 26, 2022. It has not yet recovered to that high; it is 99.8% below its peak.
How volatile is NUGT?
Over the past 3 years NUGT had an annualized volatility of 83.7% and a Sharpe ratio of 1.03 (excess return over 1–3 month T-bills per unit of risk).