NUGT vs PSMJ
Direxion Daily Gold Miners Index Bull 2X ETF vs Pacer Swan SOS Moderate July ETF
Which is better, NUGT or PSMJ?
Each has led over a different period.
PSMJ has a lower expense ratio. NUGT led over 3Y, 5Y and the full window, PSMJ 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 | PSMJ |
|---|---|---|
| Expense Ratio | 1.13% | 0.49%Best |
| AUM | $993M | $108M |
| Dividend Yield | 0.75% | 0.00% |
| Holdings | 20 | 12 |
| YTD Return | -27.70% | +7.57%Best |
| 1Y Return | -17.67% | +10.19%Best |
| 3Y Return (annualized) | +64.31%Best | +13.78% |
| 5Y Return (annualized) | +21.20%Best | +10.75% |
| Volatility (annualized) | 77.5% | 7.8%Best |
| Max Drawdown | -73.7% | -10.9%Best |
| $10,000 over 5 years | $26,152Best | $16,662 |
| Fund Family | Direxion Shares ETF Trust | Pacer ETFs |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Dec 8, 2010 | Jun 30, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jul 1, 2021 to Oct 14, 2026 (5.3 years).
NUGT vs PSMJ 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 5.3 years both funds cover.
NUGT vs PSMJ Performance
Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) is an ETF from Direxion Shares ETF Trust and Pacer Swan SOS Moderate July ETF (PSMJ) is an ETF from Pacer ETFs. Over the past year NUGT returned -17.67% while PSMJ returned +10.19%. Year to date, NUGT is down 27.70% versus a gain of 7.57% for PSMJ.
Over three years, NUGT compounded at +64.31% per year against +13.78% for PSMJ; over five years the annualized figures are +21.20% and +10.75% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NUGT has been the more volatile fund, with annualized monthly volatility of 77.5% compared with 7.8% for PSMJ. 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 -10.9% for PSMJ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.23. They move largely independently of each other.
Fees and Cost Over Time
NUGT charges 1.13% per year while PSMJ 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 PSMJ.
You are not choosing between two funds in isolation.
Whichever of NUGT and PSMJ 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 PSMJ?
NUGT has an expense ratio of 1.13% while PSMJ charges 0.49%. PSMJ is the cheaper option, by $64 a year on a $10,000 investment.
Which performed better, NUGT or PSMJ?
Over the past year NUGT returned -17.67% vs +10.19% for PSMJ, so PSMJ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NUGT or PSMJ?
NUGT has been the more volatile fund at 77.5% annualized versus 7.8% for PSMJ. Worst drawdown: NUGT -73.7% vs PSMJ -10.9%.
Should I hold both NUGT and PSMJ?
NUGT and PSMJ have a monthly-return correlation of 0.23, 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 PSMJ?
NUGT yields 0.75% while PSMJ yields 0.00%, so NUGT currently pays the higher dividend yield.
Is PSMJ better than NUGT?
PSMJ has a lower expense ratio. NUGT led over 3Y, 5Y and the full window, PSMJ over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.