DWSH vs NUGT
AdvisorShares Dorsey Wright Short ETF vs Direxion Daily Gold Miners Index Bull 2X ETF
Which is better, DWSH or NUGT?
Each has led over a different period.
NUGT has a lower expense ratio. DWSH led over 1Y, NUGT over 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DWSH | NUGT |
|---|---|---|
| Expense Ratio | 6.22% | 1.13%Best |
| AUM | $11M | $993M |
| Dividend Yield | 6.68% | 0.75% |
| Holdings | 101 | 20 |
| YTD Return | -11.34%Best | -21.62% |
| 1Y Return | -12.18%Best | -17.11% |
| 3Y Return (annualized) | -8.90% | +68.72%Best |
| 5Y Return (annualized) | -3.49% | +23.69%Best |
| Volatility (annualized) | 30.8%Best | 84.8% |
| Max Drawdown | -84.5%Best | -90.7% |
| $10,000 over 5 years | $8,373 | $28,952Best |
| Fund Family | Advisor Shares | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jul 10, 2018 | Dec 8, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jul 11, 2018 to Oct 15, 2026 (8.3 years).
DWSH vs NUGT growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 8.3 years both funds cover.
DWSH vs NUGT Performance
AdvisorShares Dorsey Wright Short ETF (DWSH) is an ETF from Advisor Shares and Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) is an ETF from Direxion Shares ETF Trust. Over the past year DWSH returned -12.18% while NUGT returned -17.11%. Year to date, DWSH is down 11.34% versus a loss of 21.62% for NUGT.
Over three years, DWSH compounded at -8.90% per year against +68.72% for NUGT; over five years the annualized figures are -3.49% and +23.69% respectively. Across the full 8-year window we track, NUGT has the edge at +2.96% annualized vs -14.10%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NUGT has been the more volatile fund, with annualized monthly volatility of 84.8% compared with 30.8% for DWSH. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -84.5% for DWSH and -90.7% for NUGT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.34. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DWSH charges 6.22% per year while NUGT charges 1.13%. On a $10,000 position that is $622 vs $113 annually, a gap of $509 per year that compounds over a long holding period. On income, DWSH currently yields 6.68% against 0.75% for NUGT.
Holdings Overlap
We hold position weights for 99 holdings in DWSH and 4 in NUGT, totalling 0.0% and 41.7% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 99 positions we hold weights for in DWSH and 4 in NUGT, against full books of 101 and 20.
You are not choosing between two funds in isolation.
Whichever of DWSH and NUGT you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DWSH or NUGT?
DWSH has an expense ratio of 6.22% while NUGT charges 1.13%. NUGT is the cheaper option, by $509 a year on a $10,000 investment.
Which performed better, DWSH or NUGT?
Over the past year DWSH returned -12.18% vs -17.11% for NUGT, so DWSH leads on 1-year performance. Over the longest common window we track (8 years), DWSH annualized -14.10% vs +2.96% for NUGT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DWSH or NUGT?
NUGT has been the more volatile fund at 84.8% annualized versus 30.8% for DWSH. Worst drawdown: DWSH -84.5% vs NUGT -90.7%.
Should I hold both DWSH and NUGT?
DWSH and NUGT have a monthly-return correlation of -0.34, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DWSH or NUGT?
DWSH yields 6.68% while NUGT yields 0.75%, so DWSH currently pays the higher dividend yield.
Is NUGT better than DWSH?
NUGT has a lower expense ratio. DWSH led over 1Y, NUGT over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.