NUGT vs PSFO
Direxion Daily Gold Miners Index Bull 2X ETF vs Pacer Swan SOS Flex October ETF
Which is better, NUGT or PSFO?
Each has led over a different period.
PSFO has a lower expense ratio. NUGT led over 3Y, 5Y and the full window, PSFO over 1Y.
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 | NUGT | PSFO |
|---|---|---|
| Expense Ratio | 1.13% | 0.49%Best |
| AUM | $993M | $46M |
| Dividend Yield | 0.75% | 0.00% |
| Holdings | 20 | 13 |
| YTD Return | -27.70% | +11.43%Best |
| 1Y Return | -17.67% | +14.38%Best |
| 3Y Return (annualized) | +64.31%Best | +13.95% |
| 5Y Return (annualized) | +21.20%Best | +11.56% |
| Volatility (annualized) | 78.2% | 8.4%Best |
| Max Drawdown | -73.7% | -12.1%Best |
| $10,000 over 5 years | $26,152Best | $17,280 |
| Fund Family | Direxion Shares ETF Trust | Pacer ETFs |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Dec 8, 2010 | Sep 30, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 1, 2021 to Oct 14, 2026 (5 years).
NUGT vs PSFO 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 5 years both funds cover.
NUGT vs PSFO Performance
Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) is an ETF from Direxion Shares ETF Trust and Pacer Swan SOS Flex October ETF (PSFO) is an ETF from Pacer ETFs. Over the past year NUGT returned -17.67% while PSFO returned +14.38%. Year to date, NUGT is down 27.70% versus a gain of 11.43% for PSFO.
Over three years, NUGT compounded at +64.31% per year against +13.95% for PSFO; over five years the annualized figures are +21.20% and +11.56% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NUGT has been the more volatile fund, with annualized monthly volatility of 78.2% compared with 8.4% for PSFO. 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 -73.7% for NUGT and -12.1% for PSFO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.27. They move largely independently of each other.
Fees and Cost Over Time
NUGT charges 1.13% per year while PSFO charges 0.49%. On a $10,000 position that is $113 vs $49 annually, a gap of $64 per year that compounds over a long holding period. On income, NUGT currently yields 0.75% against 0.00% for PSFO.
Holdings Overlap
We hold position weights for 4 holdings in NUGT and 4 in PSFO, totalling 41.7% and 99.6% 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 4 positions we hold weights for in NUGT and 4 in PSFO, against full books of 20 and 13.
You are not choosing between two funds in isolation.
Whichever of NUGT and PSFO 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, NUGT or PSFO?
NUGT has an expense ratio of 1.13% while PSFO charges 0.49%. PSFO is the cheaper option, by $64 a year on a $10,000 investment.
Which performed better, NUGT or PSFO?
Over the past year NUGT returned -17.67% vs +14.38% for PSFO, so PSFO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NUGT or PSFO?
NUGT has been the more volatile fund at 78.2% annualized versus 8.4% for PSFO. Worst drawdown: NUGT -73.7% vs PSFO -12.1%.
Should I hold both NUGT and PSFO?
NUGT and PSFO have a monthly-return correlation of 0.27, 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, NUGT or PSFO?
NUGT yields 0.75% while PSFO yields 0.00%, so NUGT currently pays the higher dividend yield.
Is PSFO better than NUGT?
PSFO has a lower expense ratio. NUGT led over 3Y, 5Y and the full window, PSFO over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.