GDX vs NUGT

VanEck Gold Miners ETF vs Direxion Daily Gold Miners Bull 2X ETF

Quick take
  • • GDX has the lower expense ratio at 0.51% vs 1.13% for NUGT.
  • • NUGT pays a higher dividend yield (1.00%).

Side-by-side metrics

MetricGDXNUGT
Expense ratio
Annual fee. Lower is better.
0.51%1.13%
Dividend yield
Trailing 12-month yield.
0.82%1.00%
AUM
Assets under management — bigger funds are typically more liquid.
$23.82B$762M
YTD return
6.63%-15.61%
1-year return
——
3-year return
Annualized.
——
5-year return
Annualized.
——
10-year return
Annualized.
——
Beta (3Y)
Volatility relative to the market. Closer to 1 = market-like.
0.980.75
P/E ratio
13.6614.98
Last price
$86.19$136.76
Inception
——
Issuer
VanEckDirexion

GDX top holdings

Top holdings · GDX
NEMNewmont Corp11.62%
AEM.TOAgnico Eagle Mines Ltd11.26%
ABX.TOBarrick Mining Corp8.18%
WPM.TOWheaton Precious Metals Corp5.48%
FNV.TOFranco-Nevada Corp5.45%
AUAnglogold Ashanti PLC4.73%
GFIGold Fields Ltd ADR3.92%
K.TOKinross Gold Corp3.65%
NST.AXNorthern Star Resources Ltd3.28%
PAAS.TOPan American Silver Corp2.55%
Sector breakdown · GDX
Basic Materials100.0%

NUGT top holdings

Top holdings · NUGT
GDXVanEck Gold Miners ETF21.24%
Sector breakdown · NUGT
Basic Materials100.0%

About GDX

GDX (VanEck Gold Miners ETF) is Major gold mining companies. Managed by VanEck, the fund carries $23.8B in assets under management, an expense ratio of 0.51%, a dividend yield of 0.82%. Its largest holding is Newmont Corp (NEM), which represents 11.6% of the portfolio. Basic Materials is the fund's largest sector exposure at 100.0%.

About NUGT

NUGT (Direxion Daily Gold Miners Bull 2X ETF) is 2x daily performance of gold mining stocks. Managed by Direxion, the fund carries $762M in assets under management, an expense ratio of 1.13%, a dividend yield of 1.00%. Its largest holding is VanEck Gold Miners ETF (GDX), which represents 21.2% of the portfolio. Basic Materials is the fund's largest sector exposure at 100.0%.