{"url":"https://etfiq.com/compare/leverage/jdst-vs-jnug","section":"compare","title":"JDST vs JNUG: which held to its multiple? | ETFIQ","description":"JDST sets out to return -2 times GDXJ each day and JNUG +2 times. Over the three months to Sep 30, 2026 they finished \u22126.8 pts and \u22128.4 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, JDST or JNUG?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, JDST finished 6.8 points from what its multiple implies and JNUG finished 8.4 points from its own, so JDST came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are JDST and JNUG levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on VanEck Junior Gold Miners ETF, JDST at -2 times and JNUG at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, JDST or JNUG?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window JDST\u2019s moved at 54% annualized and JNUG\u2019s at 54%, so JDST has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold JDST or JNUG for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, JDST or JNUG?","acceptedAnswer":{"@type":"Answer","text":"JDST charges 0.92% a year and JNUG charges 1.03%, so JDST is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"JDST vs JNUG","item":"https://etfiq.com/compare/leverage/jdst-vs-jnug"}]},{"@type":"WebPage","name":"JDST vs JNUG: which held to its multiple?","description":"JDST sets out to return -2 times GDXJ each day and JNUG +2 times. Over the three months to Sep 30, 2026 they finished \u22126.8 pts and \u22128.4 pts away.","url":"https://etfiq.com/compare/leverage/jdst-vs-jnug","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, JDST finished 1.4 points over and JNUG 1.9 points short.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of JDST and JNUG","description":"JDST sets out to return -2 times GDXJ each day and JNUG +2 times. Over the three months to Sep 30, 2026 they finished \u22126.8 pts and \u22128.4 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/jdst-vs-jnug","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":7123,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / JDST vs JNUG \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n JDST vs JNUG: which held to its multiple?\n\n Over three months against its own daily promise, JDST finished 1.4 points over and JNUG 1.9 points short.\n Copy this for sharing \n \n Direxion Daily Junior Gold Miners Index Bear 2X ETF and Direxion Daily Junior Gold Miners Index Bull 2X ETF.\n\n Download as PDF \n\n \u221239.3% JDST returned, 3 months \n +24.0% JNUG returned, 3 months \n \u22126.8 pts JDST from its stated multiple \n \u22128.4 pts JNUG from its stated multiple \n\n ETFIQ Decay Resista","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/jdst-vs-jnug","a":{"ticker":"JDST","name":"Direxion Daily Junior Gold Miners Index Bear 2X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: JDST returned \u221239.3% where its own daily promise gave \u221240.7%, 1.4 points over.","url":"https://etfiq.com/funds/jdst","key_facts":[{"label":"What GDXJ did","value":"+16.2%","as_of":"2026-09-30","source":null},{"label":"What \u22122 times a day gives","value":"\u221240.7%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221239.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+1.4 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$37m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.92%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"b":{"ticker":"JNUG","name":"Direxion Daily Junior Gold Miners Index Bull 2X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: JNUG returned +24.0% where its own daily promise gave +25.9%, 1.9 points short.","url":"https://etfiq.com/funds/jnug","key_facts":[{"label":"What GDXJ did","value":"+16.2%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+25.9%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+24.0%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.9 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$408m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.03%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/jdst-vs-jnug"}