NUGT vs AVES

Comparison between DIREXION DAILY GOLD MINERS INDEX BULL 2X SHARES (NUGT, ETF) and AVANTIS EMERGING MARKETS VALUE ETF (AVES, ETF).

5-Year PerformanceNUGT has outperformed AVES, delivering a return of +23.3% compared to +10.4%

NUGT vs AVES - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NUGT(ETF)	AVES(ETF)
Net Assets	$1.10B	$1.20B
Expense Ratio	N/A	0.36%
Max Drawdown	99.98%	28.22%
Sharpe Ratio	1.56	2.12
5Y Beta	1.32	0.66

Net Assets

NUGT

$1.10B

Winner

AVES

$1.20B

Expense Ratio

NUGT

N/A

AVES

0.36%

Max Drawdown

NUGT

99.98%

Winner

AVES

28.22%

Sharpe Ratio

NUGT

1.56

Winner

AVES

2.12

5Y Beta

NUGT

1.32

Winner

AVES

0.66

NUGT vs AVES - Holdings Comparison

NUGT and AVES have 0 common holdings. Overlap is 0.00%

NUGT's top 25 holdings weight is 59.87%. AVES's top 25 holdings weight is 18.21%.

Rank	NUGT	AVES
#1	VANECK GOLD MINERS ETF (GDX) - 50.61%	ASE TECHNOLOGY HOLDING CO LTD ADR (ASX) - 1.19%
#2	GOLDMAN SACHS FS TREASURY INTMS INSTL (FTIXX) - 9.26%	VALE SA ADR (VALE) - 1.15%
#3	N/A	HYUNDAI MOTOR CO (n/a) - 1.09%
#4	N/A	HANA FINANCIAL GROUP INC (n/a) - 1.04%
#5	N/A	CTBC FINANCIAL HOLDING CO LTD (n/a) - 0.91%
#6	N/A	WOORI FINANCIAL GROUP INC (n/a) - 0.82%
#7	N/A	SHINHAN FINANCIAL GROUP CO LTD ADR (SHG) - 0.80%
#8	N/A	KB FINANCIAL GROUP INC ADR (KB) - 0.79%
#9	N/A	KIA CORP (n/a) - 0.78%
#10	N/A	CHINA HONGQIAO GROUP LTD (n/a) - 0.78%
#11	N/A	n/a (n/a) - 0.76%
#12	N/A	FUBON FINANCIAL HOLDINGS CO LTD (n/a) - 0.75%
#13	N/A	LG ELECTRONICS INC (n/a) - 0.72%
#14	N/A	INNOLUX CORP (n/a) - 0.69%
#15	N/A	GOLD CIRCUIT ELECTRONICS LTD (n/a) - 0.68%
#16	N/A	ANTA SPORTS PRODUCTS LTD (n/a) - 0.67%
#17	N/A	CATHAY FINANCIAL HOLDING CO LTD (n/a) - 0.66%
#18	N/A	n/a (n/a) - 0.66%
#19	N/A	n/a (n/a) - 0.65%
#20	N/A	n/a (n/a) - 0.64%
#21	N/A	NTPC LTD (n/a) - 0.40%
#22	N/A	HINDALCO INDUSTRIES LTD (n/a) - 0.40%
#23	N/A	L & K ENGINEERING CO LTD (n/a) - 0.40%
#24	N/A	SK TELECOM CO LTD ADR (SKM) - 0.39%
#25	N/A	KOREA INVESTMENT HOLDINGS CO LTD (n/a) - 0.39%
Total Holdings	2	1670

NUGT vs AVES - Historical Returns

Returns include dividend reinvestment.

Period	NUGT	AVES
1 month	-9.25%	+7.49%
3 months	-22.71%	+5.81%
6 months	+45.34%	+19.70%
1 year	+187.90%	+44.36%
5 years(CAGR)	+23.26%	+10.39%
10 years(CAGR)	-5.13%	N/A
Max(CAGR)	-31.70%	+10.39%

NUGT

-9.25%

Winner

AVES

+7.49%

NUGT

-22.71%

Winner

AVES

+5.81%

Winner

NUGT

+45.34%

AVES

+19.70%

Winner

NUGT

+187.90%

AVES

+44.36%

5Y(CAGR)

Winner

NUGT

+23.26%

AVES

+10.39%

10Y(CAGR)

NUGT

-5.13%

AVES

N/A

Max(CAGR)

NUGT

-31.70%

Winner

AVES

+10.39%

NUGT vs AVES - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	NUGT	AVES
2026	+5.63%	+14.57%
2025	+385.27%	+30.47%
2024	+5.56%	+5.94%
2023	-3.75%	+16.19%
2022	-28.70%	-16.49%
2021	-35.36%	+1.32%
2020	-60.32%	N/A
2019	+102.29%	N/A
2018	-48.46%	N/A
2017	-7.85%	N/A
2016	+44.92%	N/A
2015	-79.93%	N/A
2014	-63.65%	N/A
2013	-95.24%	N/A
2012	-50.50%	N/A
2011	-46.56%	N/A
2010	+2.11%	N/A

NUGT vs AVES Drawdown Comparison

The maximum drawdown for NUGT was -99.97%, occurring on Sep 26, 2022. This drawdown has not yet recovered.

The maximum drawdown for AVES was -27.41%, occurring on Oct 24, 2022. Recovery took 560 trading sessions.

The current NUGT drawdown is -99.75%.

Rank	NUGT	AVES
#1	-99.97% Sep 8, 2011 - Sep 26, 2022	-27.41% Jan 12, 2022 - Apr 8, 2024
#2	-35.24% Apr 8, 2011 - Sep 6, 2011	-18.49% Oct 2, 2024 - Jun 4, 2025
#3	-26.64% Dec 14, 2010 - Apr 5, 2011	-12.90% Feb 25, 2026 - May 6, 2026
#4	-0.82% Apr 6, 2011 - Apr 8, 2011	-8.51% Jul 12, 2024 - Sep 24, 2024
#5	N/A	-5.43% Oct 25, 2021 - Jan 11, 2022
#6	N/A	-4.76% Apr 9, 2024 - May 2, 2024
#7	N/A	-4.68% May 17, 2024 - Jul 11, 2024
#8	N/A	-4.55% Sep 17, 2025 - Oct 23, 2025
#9	N/A	-3.87% Nov 12, 2025 - Dec 22, 2025
#10	N/A	-3.72% Jul 23, 2025 - Aug 13, 2025
#11	N/A	-2.63% Jun 12, 2025 - Jun 24, 2025
#12	N/A	-2.40% Jan 28, 2026 - Feb 9, 2026
#13	N/A	-2.21% Oct 27, 2025 - Nov 10, 2025
#14	N/A	-1.92% Oct 1, 2021 - Oct 14, 2021
#15	N/A	-1.85% Aug 22, 2025 - Sep 8, 2025