While NUGT’s asset levels tend to change dramatically given short term flows obviously tied to shorter term “Bull/Bear” sentiment in the space (for example, the fund currently has about $682 million in AUM, but note that a substantial portion of that came from recent larger inflows in the fund) it is still the third largest fund in the “Gold Miners” ETF category, behind both GDX ($5.6 billion in AUM) and GDXJ (Market Vectors Junior Gold Miners, Expense Ratio 0.57%, $1.5 billion in AUM). DUST (Direxion Daily Gold Miners Bear 3X, Expense Ratio 0.95%), sister ETF of NUGT is substantially smaller with $229 million in AUM at the moment.
Direxion Daily Gold Miners Bull 3X Shares
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