The Direxion Daily Gold Miners Bull 3X Shares (NYSEArca: NUGT), the triple leveraged equivalent of GDX, also tracks the NYSE Arca Gold Miners Index. NUGT’s inverse equivalent is the Direxion Daily Gold Miners Bear 3X Shares (NYSEArca: DUST). GDX has surged over 14% in the past month.
Market Vectors Gold Miners ETF
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of NUGT.