Like JNUG and NUGT, RUSL has been a dreadful performer this year, losing 71.2% but like its gold miners counterparts, RUSL has seen investors add money. Investors have poured $225.5 million in new money into RUSL this year.
RUSL’s reverse split will also take place at the opening of U.S. markets Dec. 23.
As of Nov. 25, NUGT and JNUG were the two best Direxion leveraged ETFs this month while RUSL was one of the issuer’s worst bullish funds, according to issuer data. Over the past 30 days, JNUG and NUGT have been the most volatile of Direxion’s bullish leveraged offerings and both ETFs have seen positive creation activity over that time, according to Direxion data.
RUSL has also seen modest creation activity over that period. Last year, NUGT was reverse split twice.
Direxion Daily Junior Gold Miners Index Bull 3x Shares
