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JDST

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

Analysis and statistics

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  • 52 Week Change
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  • Dividend Per Share
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About

JDST.US represents the Direxion Daily Junior Gold Miners Index Bear 3X Shares ETF. This ETF aims to provide three times the inverse (opposite) of the daily performance of the MVIS Global Junior Gold Miners Index, before fees and expenses. It's designed for sophisticated investors seeking to profit from a short-term decline in junior gold mining companies. Due to its leveraged nature and daily reset, JDST is not suitable for long-term holding and should be used with caution.
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Factors

Gold Price: JDST is inversely related to gold. Lower gold prices typically increase JDST's value.

Market Sentiment: Negative outlook on gold mining stocks benefits JDST.

Volatility: Higher gold market volatility can impact JDST's price.

Interest Rates: Rising rates often weaken gold, boosting JDST.

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