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DUST

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    19.1889$
  • Previous Close
    18.6498$
  • 52 Week Change
    --
  • Day Range
    0.54$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

DUST.US represents the Direxion Daily Gold Miners Bear 3X Shares ETF. It's a leveraged exchange-traded fund (ETF) designed to provide three times the inverse (opposite) of the daily performance of the NYSE Arca Gold Miners Index. Essentially, DUST.US aims to profit when gold mining stocks, as represented by the index, decline in value. Due to its leveraged nature, DUST is intended for short-term trading and carries significant risk, including the potential for rapid losses.
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Factors

Gold Prices: DUST.US is a leveraged inverse ETF. Declining gold prices typically increase DUST's value.

Market Sentiment: Overall investor risk appetite influences DUST.US. Risk-off sentiment may increase demand.

Volatility: Increased volatility in gold markets can affect DUST.US's price, impacting trading strategies.

Leverage Costs: The cost to maintain leverage affects DUST.US, impacting its daily return and expense ratio.

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