RUSL and RUSS take that volatility up several notches. Over the past 30 days, only the Direxion Daily Junior Gold Miners Index Bull 3x Shares (NYSEArca: JNUG) on the bullish side and the Direxion Daily Junior Gold Miners Index Bear 3X Shares (NYSEArca: JDST) on the bearish side have been more volatile than RUSL and RUSS among Direxion’s leveraged funds, according to issuer data.
The average 30-day realized volatility for RUSL and RUSS is about 126, according to Direxion data. Over that period, none of Direxion’s triple-leveraged bearish ETFs have deviated more widely from triple the daily inverse performance of their underlying indexes than RUSS.
Through March 27, RUSL added more than $19 million in new assets this month, nearly double the $10.4 million added by RSX over the same period.
Direxion Daily Russia Bull 3x Shares