(DUST) Direxion Daily Gold Miners - Overview
Etf: Inverse, Leveraged, Gold-Mining, Swaps, Futures
Dividends
| Dividend Yield | 4.20% |
| Yield on Cost 5y | 0.53% |
| Yield CAGR 5y | 42.81% |
| Payout Consistency | 24.9% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 91.6% |
| Relative Tail Risk | -2.64% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -2.23 |
| Alpha | -82.72 |
| Character TTM | |
|---|---|
| Beta | -0.831 |
| Beta Downside | -0.243 |
| Drawdowns 3y | |
|---|---|
| Max DD | 97.07% |
| CAGR/Max DD | -0.67 |
Description: DUST Direxion Daily Gold Miners January 19, 2026
The Direxion Daily Gold Miners Index Bear 2X Shares (NYSE ARCA:DUST) is an inverse-leveraged ETF that seeks to deliver twice the opposite of the daily performance of the Dow Jones-UBS Global Gold Miners Index. It achieves this by allocating at least 80 % of its net assets to swap agreements, futures contracts, or short positions that together provide 2× inverse exposure to the underlying index or to ETFs that track it. Because the fund’s strategy relies heavily on derivatives, it is classified as a non-diversified, high-risk vehicle intended for short-term tactical trading.
Key drivers to watch: (1) Gold price movements – a 1 % rise in spot gold typically erodes DUST’s value by roughly 2 % on a daily basis, all else equal; (2) Mining company earnings – quarterly results from major miners (e.g., Newmont, Barrick) can cause index volatility that amplifies DUST’s inverse returns; (3) US Federal Reserve policy – tighter monetary conditions tend to support gold, thereby increasing the head-wind for DUST. Recent data show the gold-mining index has a 30-day rolling volatility of ~22 %, indicating sizable swing potential for the leveraged short position.
For a deeper, data-driven assessment of how DUST’s performance correlates with macro-factors, you might explore ValueRay’s analytics platform to uncover the most recent risk metrics and scenario analyses.
What is the price of DUST shares?
Over the past week, the price has changed by -8.70%, over one month by -19.23%, over three months by -47.99% and over the past year by -87.65%.
Is DUST a buy, sell or hold?
What are the forecasts/targets for the DUST price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 4.3 | -17.7% |
DUST Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 127.9m USD (127.9m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 127.9m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 127.9m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 2.85% (E(127.9m)/V(127.9m) * Re(2.85%) + (debt-free company))
Discount Rate = 2.85% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)