That is right. Despite more than doubling this year, the Direxion Daily Gold Miners Bear 3X Shares (NYSEArca: DUST) has seen outflows of $12 million. DUST has been such a strong performer that if not for a 2-for-one split earlier this year, the ETF would be trading over $100 today.
The new Direxion Daily Junior Gold Miners Index Bear 3X Shares (NYSEArca: JDST) has nearly doubled in just two months of trading, but that fund has no inflows since its debut.
Direxion Daily Gold Miners Index Bear 3X Shares
ETF Trends editorial team contributed to this post.