Find Comparable ETFs for Direxion Daily Gold Miners Index Bull 2X Shares
Direxion Daily Gold Miners Index Bull 2X Shares
NUGT - PCXVanEck Junior Gold Miners ETF
GDXJ - PCXThis ETF offers leveraged exposure to gold mining stocks, appealing to investors looking for higher volatility and potential returns, akin to the junior mining exposure of GDXJ.
correlation
Measures how closely the two assets' prices move together over time. A high correlation suggests similar market reactions and investor sentiment.
Pearson Correlation: 97%
R-squared: 93%
This indicates a strong positive relationship between the price movements of these assets.
network
Evaluates the overlap in business networks, partnerships, and industry relationships, indicating similarity in market positioning and competitive landscape.
- Common comparables: 5
- GDXJ in NUGT's comparables: Yes
- NUGT in GDXJ's comparables: Yes
A high score suggests the assets are often compared to each other and share many industry peers, indicating similar competitive environments and market perceptions.
volatility
Compares price volatility and risk profiles, indicating similarity in market behavior, risk, and potential for price swings.
- GDXJ Beta: 1.06 (Average)
- NUGT Beta: 1.98 (High)
- GDXJ 200-day Volatility: 35.66%
- NUGT 200-day Volatility: 63.40%
A high score suggests both assets have similar sensitivity to market movements, implying comparable risk levels and potential for both gains and losses.
momentum
Compares recent price momentum, showing similarity in short-term market performance and investor sentiment.
- GDXJ Price vs 200-day MA: 109%
- NUGT Price vs 200-day MA: 105%
Performance Comparison:
| Period | GDXJ | NUGT |
|---|---|---|
| Year_1 | 25% | 36% |
| Year_3 | -1% | -10% |
| Year_5 | 3% | -23% |
A high score indicates both assets are experiencing similar price trends relative to their recent history, suggesting comparable market enthusiasm or concern.
geo
Evaluates the geographical similarity of the assets based on country, currency, and exchange.
- Currency: USD vs USD
- Exchange: PCX vs PCX
A high score indicates that both assets operate in similar geographical markets, facing comparable economic conditions, regulations, and market dynamics.
sector
Compares the sector, industry, and other classifications of both assets.
- ETF Category: Materials vs Leveraged Equities
A high score indicates that the assets operate in similar business areas, facing comparable market conditions, regulatory environments, and industry trends.
Partial matches are considered for more nuanced comparisons, allowing for a higher score even when classifications are not identical but closely related.
dividend
Compares dividend policies, showing similarity in shareholder return strategies and income potential for investors.
- GDXJ Dividend Yield: 0%
- NUGT Dividend Yield: 2%
A high score indicates similar approaches to returning capital to shareholders, suggesting comparable appeal to income-focused investors.
ProShares UltraPro S&P500
UPRO - PCXThis leveraged ETF targets gold mining stocks, allowing for higher volatility and potential returns, making it comparable to UPRO in terms of risk and speculative nature.
correlation
Measures how closely the two assets' prices move together over time. A high correlation suggests similar market reactions and investor sentiment.
Pearson Correlation: 30%
R-squared: 9%
This indicates a negligible relationship between the price movements of these assets.
network
Evaluates the overlap in business networks, partnerships, and industry relationships, indicating similarity in market positioning and competitive landscape.
- Common comparables: 1
- NUGT in UPRO's comparables: Yes
- UPRO in NUGT's comparables: No
A high score suggests the assets are often compared to each other and share many industry peers, indicating similar competitive environments and market perceptions.
volatility
Compares price volatility and risk profiles, indicating similarity in market behavior, risk, and potential for price swings.
- NUGT Beta: 1.98 (High)
- UPRO Beta: 3.08 (Very High)
- NUGT 200-day Volatility: 63.40%
- UPRO 200-day Volatility: 35.21%
A high score suggests both assets have similar sensitivity to market movements, implying comparable risk levels and potential for both gains and losses.
momentum
Compares recent price momentum, showing similarity in short-term market performance and investor sentiment.
- NUGT Price vs 200-day MA: 105%
- UPRO Price vs 200-day MA: 106%
Performance Comparison:
| Period | NUGT | UPRO |
|---|---|---|
| Year_1 | 36% | 47% |
| Year_3 | -10% | 6% |
| Year_5 | -23% | 21% |
A high score indicates both assets are experiencing similar price trends relative to their recent history, suggesting comparable market enthusiasm or concern.
geo
Evaluates the geographical similarity of the assets based on country, currency, and exchange.
- Currency: USD vs USD
- Exchange: PCX vs PCX
A high score indicates that both assets operate in similar geographical markets, facing comparable economic conditions, regulations, and market dynamics.
sector
Compares the sector, industry, and other classifications of both assets.
- ETF Category: Leveraged Equities vs Leveraged Equities
A high score indicates that the assets operate in similar business areas, facing comparable market conditions, regulatory environments, and industry trends.
Partial matches are considered for more nuanced comparisons, allowing for a higher score even when classifications are not identical but closely related.
dividend
Compares dividend policies, showing similarity in shareholder return strategies and income potential for investors.
- NUGT Dividend Yield: 2%
- UPRO Dividend Yield: 1%
A high score indicates similar approaches to returning capital to shareholders, suggesting comparable appeal to income-focused investors.
ProShares Ultra SmallCap600
SAA - PCX
correlation
Measures how closely the two assets' prices move together over time. A high correlation suggests similar market reactions and investor sentiment.
Pearson Correlation: 14%
R-squared: 2%
This indicates a negligible relationship between the price movements of these assets.
network
Evaluates the overlap in business networks, partnerships, and industry relationships, indicating similarity in market positioning and competitive landscape.
- Common comparables: 1
- NUGT in SAA's comparables: Yes
- SAA in NUGT's comparables: No
A high score suggests the assets are often compared to each other and share many industry peers, indicating similar competitive environments and market perceptions.
volatility
Compares price volatility and risk profiles, indicating similarity in market behavior, risk, and potential for price swings.
- NUGT Beta: 1.98 (High)
- SAA Beta: 2.28 (Very High)
- NUGT 200-day Volatility: 63.40%
- SAA 200-day Volatility: 38.12%
A high score suggests both assets have similar sensitivity to market movements, implying comparable risk levels and potential for both gains and losses.
momentum
Compares recent price momentum, showing similarity in short-term market performance and investor sentiment.
- NUGT Price vs 200-day MA: 105%
- SAA Price vs 200-day MA: 93%
Performance Comparison:
| Period | NUGT | SAA |
|---|---|---|
| Year_1 | 36% | 7% |
| Year_3 | -10% | -6% |
| Year_5 | -23% | 6% |
A high score indicates both assets are experiencing similar price trends relative to their recent history, suggesting comparable market enthusiasm or concern.
geo
Evaluates the geographical similarity of the assets based on country, currency, and exchange.
- Currency: USD vs USD
- Exchange: PCX vs PCX
A high score indicates that both assets operate in similar geographical markets, facing comparable economic conditions, regulations, and market dynamics.
sector
Compares the sector, industry, and other classifications of both assets.
- ETF Category: Leveraged Equities vs Leveraged Equities
A high score indicates that the assets operate in similar business areas, facing comparable market conditions, regulatory environments, and industry trends.
Partial matches are considered for more nuanced comparisons, allowing for a higher score even when classifications are not identical but closely related.
dividend
Compares dividend policies, showing similarity in shareholder return strategies and income potential for investors.
- NUGT Dividend Yield: 2%
- SAA Dividend Yield: 1%
A high score indicates similar approaches to returning capital to shareholders, suggesting comparable appeal to income-focused investors.
Vanguard International High Dividend Yield Index Fund ETF Shares
VYMI - NGM
correlation
Measures how closely the two assets' prices move together over time. A high correlation suggests similar market reactions and investor sentiment.
Pearson Correlation: 43%
R-squared: 18%
This indicates a weak positive relationship between the price movements of these assets.
network
Evaluates the overlap in business networks, partnerships, and industry relationships, indicating similarity in market positioning and competitive landscape.
- Common comparables: 0
- NUGT in VYMI's comparables: No
- VYMI in NUGT's comparables: No
A high score suggests the assets are often compared to each other and share many industry peers, indicating similar competitive environments and market perceptions.
valuation
Compares valuation metrics to assess if the assets are valued similarly by the market, indicating comparable investor expectations and perceived growth potential.
- P/E Ratio: 0.04 vs 9.00
A high score indicates that the market values these assets similarly relative to their financials, suggesting comparable growth expectations and risk profiles.
volatility
Compares price volatility and risk profiles, indicating similarity in market behavior, risk, and potential for price swings.
- NUGT Beta: 1.98 (High)
- VYMI Beta: 0.81 (Low)
- NUGT 200-day Volatility: 63.40%
- VYMI 200-day Volatility: 11.40%
A high score suggests both assets have similar sensitivity to market movements, implying comparable risk levels and potential for both gains and losses.
momentum
Compares recent price momentum, showing similarity in short-term market performance and investor sentiment.
- NUGT Price vs 200-day MA: 105%
- VYMI Price vs 200-day MA: 106%
Performance Comparison:
| Period | NUGT | VYMI |
|---|---|---|
| Year_1 | 36% | 12% |
| Year_3 | -10% | 5% |
| Year_5 | -23% | 7% |
A high score indicates both assets are experiencing similar price trends relative to their recent history, suggesting comparable market enthusiasm or concern.
geo
Evaluates the geographical similarity of the assets based on country, currency, and exchange.
- Currency: USD vs USD
- Exchange: PCX vs NGM
A high score indicates that both assets operate in similar geographical markets, facing comparable economic conditions, regulations, and market dynamics.
dividend
Compares dividend policies, showing similarity in shareholder return strategies and income potential for investors.
- NUGT Dividend Yield: 2%
- VYMI Dividend Yield: 5%
A high score indicates similar approaches to returning capital to shareholders, suggesting comparable appeal to income-focused investors.
SPDR S&P 500 ETF Trust
SPY - PCX
correlation
Measures how closely the two assets' prices move together over time. A high correlation suggests similar market reactions and investor sentiment.
Pearson Correlation: 29%
R-squared: 9%
This indicates a negligible relationship between the price movements of these assets.
network
Evaluates the overlap in business networks, partnerships, and industry relationships, indicating similarity in market positioning and competitive landscape.
- Common comparables: 0
- NUGT in SPY's comparables: No
- SPY in NUGT's comparables: No
A high score suggests the assets are often compared to each other and share many industry peers, indicating similar competitive environments and market perceptions.
volatility
Compares price volatility and risk profiles, indicating similarity in market behavior, risk, and potential for price swings.
- NUGT Beta: 1.98 (High)
- SPY Beta: 1.00 (Average)
- NUGT 200-day Volatility: 63.40%
- SPY 200-day Volatility: 11.69%
A high score suggests both assets have similar sensitivity to market movements, implying comparable risk levels and potential for both gains and losses.
momentum
Compares recent price momentum, showing similarity in short-term market performance and investor sentiment.
- NUGT Price vs 200-day MA: 105%
- SPY Price vs 200-day MA: 104%
Performance Comparison:
| Period | NUGT | SPY |
|---|---|---|
| Year_1 | 36% | 20% |
| Year_3 | -10% | 8% |
| Year_5 | -23% | 14% |
A high score indicates both assets are experiencing similar price trends relative to their recent history, suggesting comparable market enthusiasm or concern.
geo
Evaluates the geographical similarity of the assets based on country, currency, and exchange.
- Currency: USD vs USD
- Exchange: PCX vs PCX
A high score indicates that both assets operate in similar geographical markets, facing comparable economic conditions, regulations, and market dynamics.
sector
Compares the sector, industry, and other classifications of both assets.
- ETF Category: Leveraged Equities vs Large Cap Growth Equities
A high score indicates that the assets operate in similar business areas, facing comparable market conditions, regulatory environments, and industry trends.
Partial matches are considered for more nuanced comparisons, allowing for a higher score even when classifications are not identical but closely related.
dividend
Compares dividend policies, showing similarity in shareholder return strategies and income potential for investors.
- NUGT Dividend Yield: 2%
- SPY Dividend Yield: 1%
A high score indicates similar approaches to returning capital to shareholders, suggesting comparable appeal to income-focused investors.
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