Adding to the intrigue surrounding inflows to bullish leveraged gold miners ETFs is that those inflows are often coupled with outflows from bearish equivalents, the very gold miners ETFs that actually working right now.
For example, the Direxion Daily Gold Miners Bear 3X Shares (NYSEArca: DUST) lost $4.9 million yesterday after shedding $5.3 million last Friday, a total exceed by just two of Direxion’s other leveraged bear funds, according to issuer data.
Entering Tuesday, DUST and its small-cap equivalent, the Direxion Daily Junior Gold Miners Index Bear 3X Shares (NYSEArca: JDST), were Direxion’s top two leveraged bear ETFs on a month-to-date basis. Conversely, NUGT and JNUG are the issuers two worse leveraged bull funds this month.
Direxion Daily Gold Miners Bull 3X Shares
