Said differently, investors have poured money into JDST this month while it has been Direxion’s worst-performing leveraged bearish ETF this month and while it has been the most volatile of the issuers leveraged bear funds over the past 30 days.
Some new ETFs are getting in on the act as well. For example, theSprott Junior Gold Miners ETF (NYSEArca: SGDJ), which debuted at the end of March, has gained 12% since coming to market. Investors have already allocated over $10 million to the new ETF.
The new ETF tracks the Sprott Zacks Junior Gold Miners Index (NYSE:ZAXSGDJ) and is the first factor-based junior miners ETFs. [A New Junior Miners ETF]
Direxion Daily Junior Gold Miners Index Bull 3x Shares