Oct. 02, 2025 5:43 PM ETDirexion Daily Junior Gold Miners Index Bull 2X Shares ETF (JNUG)JDST, GDXJ, NUGT, PAAS, CDE, AGI, EQX, RGLD, CAHPF, HMY, IAG, EDVMF, SP500, GDXU, BMO, HGMCF, BMO.PR.E:CA, EQX:CA, IMG:CA, BERZ, AGI:CA, EDV:CA, PAAS:CA, PAASF, BMO:CA, BMOLF, JNUGPower HedgeInvesting Group LeaderSummaryThe Direxion Daily Junior Gold Miners Index Bull 2X Shares ETF (JNUG) targets 200% of the daily performance of the MVIS Global Junior Gold Miners Index.JNUG is suitable only for intraday trading, as compounding and daily resets cause significant underperformance over longer holding periods.The ETF uses derivatives like swaps and futures, exposing investors to additional risks such as counterparty and tracking errors.JNUG is not recommended for long-term investors; holding overnight can lead to substantial losses compared to the underlying index.Looking for a helping hand in the market? Members of Energy Profits in Dividends get exclusive ideas and guidance to navigate any climate. Learn More »domnicky/iStock via Getty ImagesThe Direxion Daily Junior Gold Miners Index Bull 2X Shares ETF (NYSEARCA:JNUG) is a leveraged exchange-traded fund that aims to deliver 200% of the daily performance of the MVIS Global Junior Gold Miners Index. From the fund’s website:The DirexionMore on my IG serviceAt Energy Profits in Dividends, we seek to generate a 7%+ income yield by investing in a portfolio of energy stocks while minimizing our risk of principal loss. By subscribing, you will get access to our best ideas earlier than they are released to the general public (and many of them are not released at all) as well as far more in-depth research than we make available to everybody. In addition, all subscribers can read any of my work without a subscription to Seeking Alpha Premium!We are currently offering a two-week free trial for the service, so check us out!This article was written byPower Hedge15.8K FollowersPower Hedge has been covering both traditional and renewable energy since 2010. He targets primarily international companies of all sizes that hold a competitive advantage and pay dividends with strong yields.He is the leader of the investing group Energy Profits in Dividends where he focuses on generating income through energy stocks and CEFs while managing risk through options. He also provides micro and macro-analysis of both domestic and international energy companie. Learn more.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.I am long physical gold, physical silver, and various investment companies that invest in mining companies, including junior miners. As such, I might have exposure to any company mentioned in this article. However, I do not own the shares of any company tagged in this article, nor do I exercise any control over the contents of the investment funds in which I am invested.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.CommentsRecommended For You