{"url":"https://etfiq.com/leverage/gdx-leveraged-etfs","section":"leverage","title":"GDX Leveraged ETFs: 2x & Inverse, Compared | ETFIQ","description":"2 leveraged and inverse ETFs on GDX: multiple, issuer, fee and net assets. Each against its stated multiple, as of Oct 27, 2026.","as_of":"Oct 27, 2026","structured_data":[{"@type":"ItemList","name":"GDX Leveraged ETFs: 2x & Inverse, Compared","numberOfItems":2,"itemListElement":[{"@type":"ListItem","position":1,"item":{"@type":"FinancialProduct","name":"Direxion Daily Gold Miners Index Bull 2X ETF","alternateName":"NUGT","url":"https://etfiq.com/funds/nugt","category":"Exchange-traded fund, leveraged and inverse","provider":{"@type":"Organization","name":"Direxion","sameAs":["https://www.direxion.com/"]}}},{"@type":"ListItem","position":2,"item":{"@type":"FinancialProduct","name":"Direxion Daily Gold Miners Index Bear 2X ETF","alternateName":"DUST","url":"https://etfiq.com/funds/dust","category":"Exchange-traded fund, leveraged and inverse","provider":{"@type":"Organization","name":"Direxion","sameAs":["https://www.direxion.com/"]}}}]},{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which 2x GDX ETFs are there?","acceptedAnswer":{"@type":"Answer","text":"As of Oct 27, 2026, 1 ETF sets out to return 2x the daily move in gold miners (GDX): NUGT."}},{"@type":"Question","name":"Which inverse GDX ETFs are there?","acceptedAnswer":{"@type":"Answer","text":"As of Oct 27, 2026, 1 ETF sets out to return the opposite of the daily move in gold miners (GDX), at \u22122x: DUST."}},{"@type":"Question","name":"Which GDX leveraged ETF is largest?","acceptedAnswer":{"@type":"Answer","text":"NUGT, Direxion Daily Gold Miners Index Bull 2X ETF, at $847m in net assets on Oct 26, 2026, the largest of the 2 on GDX with a published size."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leverage","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"GDX leveraged and inverse ETFs","item":"https://etfiq.com/leverage/gdx-leveraged-etfs"}]},{"@type":"WebPage","name":"GDX Leveraged ETFs: 2x & Inverse, Compared","description":"2 leveraged and inverse ETFs on GDX: multiple, issuer, fee and net assets. Each against its stated multiple, as of Oct 27, 2026.","url":"https://etfiq.com/leverage/gdx-leveraged-etfs","dateModified":"2026-10-27","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede",".faq"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":2758,"truncated":false,"content":"ETFIQ / Leverage / GDX leveraged and inverse ETFs \n \n Data as of Oct 27, 2026 .\n GDX leveraged and inverse ETFs\n As of Oct 27, 2026, 2 ETFs aim to return \u22122x to 2x the daily move in gold miners (GDX). Over three months they finished from \u22127.4 to \u22127.0 percentage points against what their stated multiples implied.\n Browse leveraged ETFs\n Single-stock leveraged and inverse ETFs Sector and country leveraged ETFs Broad index leveraged and inverse ETFs Commodity, crypto and bond leveraged ETFs Two times long Three times long Two times inverse Three times inverse Inverse ETFs All 2 leveraged and inverse ETFs on GDX\n GDX leveraged and inverse ETFs, 2 funds. Each fund\u2019s return minus what its stated multiple would have produced over the same days, in percentage points, to Oct 27, 2026; largest first. Source: ETFIQ. Ticker Fund Issuer 1M vs multiple 3M vs multiple 1Y vs multiple Net assets Net assets as of Fee Total return 1M Total return 3M Total return YTD Total return 1Y Total return 3Y Total return since launch Multiple \n NUGT Direxion Daily Gold Miners Index Bull 2X ETF Direxion \u22120.7 pts \u22127.4 pts \u221235.0 pts $847m Oct 26, 2026 1.13% \u221221.5% +16.8% \u221228.8% +4.6% +333.4% \u221299.8% +2x \n DUST Direxion Daily Gold Miners Index Bear 2X ETF Direxion \u22120.2 pts \u22127.0 pts \u221223.7 pts $88m Oct 26, 2026 0.94% +20.6% \u221231.2% \u221240.1% \u221263.3% \u221296.1% \u2212100.0% -2x \n\n What GDX itself did over the same days: \u221210.4% over one month, +12.1% over three months, +19.8% over one year.\n Questions people ask\n Which 2x GDX ETFs are there? As of Oct 27, 2026, 1 ETF sets out to return 2x the daily move in gold miners ( GDX ): NUGT. Which inverse GDX ETFs are there? As of Oct 27, 2026, 1 ETF sets out to return the opposite of the daily move in gold miners ( GDX ), at \u22122x: DUST. Which GDX leveraged ETF is largest? NUGT , Direxion Daily Gold Miners Index Bull 2X ETF, at $847m in net assets on Oct 26, 2026, the largest of the 2 on GDX with a published size. Where to next\n DUST vs NUGT Commodity, crypto and bond leveraged ETFs Sold by more than one issuer Every leveraged and inverse ETF What these words mean Method Take the data \n Cite this page. ETFIQ, GDX leveraged and inverse ETFs, data as of Oct 27, 2026. https://etfiq.com/leverage/gdx-leveraged-etfs Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data .\n Other forms Plain ETFIQ, GDX leveraged and inverse ETFs, data as of Oct 27, 2026. https://etfiq.com/leverage/gdx-leveraged-etfs APA ETFIQ. (Oct 27, 2026). GDX leveraged and inverse ETFs. Retrieved from https://etfiq.com/leverage/gdx-leveraged-etfs Markdown [GDX leveraged and inverse ETFs (ETFIQ, Oct 27, 2026)](https://etfiq.com/leverage/gdx-leveraged-etfs)","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/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, GDX leveraged and inverse ETFs, data as of Oct 27, 2026. https://etfiq.com/leverage/gdx-leveraged-etfs"}