In further evidence that the current rally in gold mining ETFs is something to behold, a report published Friday morning by Direxion indicates that its best-performing ETF this month is the Direxion Daily Junior Gold Miners Index Bull 3x Shares (NYSEArca: JNUG), the triple-leveraged answer to GDXJ.
On Thursday, the Direxion Daily Gold Miners Bull 3X Shares (NYSEArca: NUGT) was second among Direxion ETFs in terms of creation activity, according to issuer data.
Chart Courtesy: Kimble Charting Solutions
Tom Lydon’s clients own shares of JNUG.