NUGT vs GLD
Comparison between DIREXION DAILY GOLD MINERS INDEX BULL 2X SHARES (NUGT, ETF) and SPDR Gold Shares ETF (GLD, ETF).
5-Year PerformanceGLD has outperformed NUGT, delivering a return of +17.5% compared to +12.7%
NUGT vs GLD - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
NUGT vs GLD - Historical Returns
Returns include dividend reinvestment.
NUGT vs GLD - Annual Returns (2004 - 2026)
Returns include dividend reinvestment.
| Year | NUGT | GLD |
|---|---|---|
| 2026 | -28.42% | -0.51% |
| 2025 | +385.27% | +61.48% |
| 2024 | +5.56% | +26.96% |
| 2023 | -3.75% | +11.76% |
| 2022 | -28.70% | +0.78% |
| 2021 | -35.36% | -6.24% |
| 2020 | -60.32% | +23.90% |
| 2019 | +102.29% | +17.78% |
| 2018 | -48.46% | -3.12% |
| 2017 | -7.85% | +11.93% |
| 2016 | +44.92% | +6.53% |
| 2015 | -79.93% | -11.06% |
| 2014 | -63.65% | -3.75% |
| 2013 | -95.24% | -28.83% |
| 2012 | -50.50% | +3.91% |
| 2011 | -46.56% | +10.14% |
| 2010 | +2.11% | +26.34% |
| 2009 | N/A | +24.45% |
| 2008 | N/A | +1.96% |
| 2007 | N/A | +32.40% |
| 2006 | N/A | +18.99% |
| 2005 | N/A | +19.90% |
| 2004 | N/A | -1.31% |
NUGT vs GLD 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 GLD was -45.56%, occurring on Dec 17, 2015. Recovery took 2248 trading sessions.
The current NUGT drawdown is -99.83%. The current GLD drawdown is -20.10%.
| Rank | NUGT | GLD |
|---|---|---|
| #1 | -99.97% Sep 8, 2011 - Sep 26, 2022 | -45.56% Aug 22, 2011 - Jul 29, 2020 |
| #2 | -35.24% Apr 8, 2011 - Sep 6, 2011 | -29.41% Mar 17, 2008 - Sep 16, 2009 |
| #3 | -26.64% Dec 14, 2010 - Apr 5, 2011 | -22.00% Aug 6, 2020 - Mar 4, 2024 |
| #4 | -0.82% Apr 6, 2011 - Apr 8, 2011 | -21.79% May 12, 2006 - Sep 18, 2007 |
| #5 | N/A | -20.10% Jan 29, 2026 - Jun 5, 2026 |
| #6 | N/A | -12.70% Dec 2, 2009 - May 11, 2010 |
| #7 | N/A | -10.13% Oct 20, 2025 - Dec 22, 2025 |
| #8 | N/A | -9.52% Dec 3, 2004 - Sep 16, 2005 |
| #9 | N/A | -8.12% Oct 30, 2024 - Jan 30, 2025 |
| #10 | N/A | -8.04% Dec 6, 2010 - Mar 1, 2011 |
| #11 | N/A | -7.59% Jun 18, 2010 - Sep 14, 2010 |
| #12 | N/A | -7.11% Apr 21, 2025 - Jun 13, 2025 |
| #13 | N/A | -6.70% Dec 12, 2005 - Jan 3, 2006 |
| #14 | N/A | -6.08% Nov 7, 2007 - Dec 28, 2007 |
| #15 | N/A | -5.84% Apr 29, 2011 - Jul 12, 2011 |
Correlation
Correlation between NUGT and GLD is -0.07 which considered as a very weak or no correlation - the stocks move independently of each other.
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