NUGT: A Good Supplement To GDX, But Not A Long-Term Holding
Source: SeekingAlpha
2025-12-28 11:17:17 ET
The Direxion Daily Gold Miners Index Bull 2X Shares ETF ( NUGT ) is a leveraged exchange-traded fund that aims to provide its owners with double the daily price movement of the MarketVector Global Gold Miners Index. This is the same index that is tracked by the VanEck Gold Miners ETF ( GDX ), so it should be fairly easy to follow the movement of this index. The index itself has delivered a remarkably strong performance over the past year, rising by a whopping 169.21% since the start of 2025:
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NUGT: A Good Supplement To GDX, But Not A Long-Term Holding
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