DUST Performance — Direxion Daily Gold Miners Index Bear 2X Shares
Data updated: 2026-09-28
DUST returned −13.38% year to date and −73.45% over one year to Jul 2026. Annualised returns are −59.84% over 3 years and −47.36% over 5 years. The fund trailed its Trading - Inverse category average: $100 invested three years ago grew to $6, against $39 for the category, and to $27 over one year, against $73. Volatility over the past three years was 66.66% a year. In the 12 months to Jul 2026 the fund took in a net $98.4M, and assets reached $70.72M.
DUST Growth of $100
What $100 invested in Direxion Daily Gold Miners Index Bear 2X Shares grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Inverse category average over the same months.
| Period | DUST | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $27 | $73 |
| 3 years (Aug 2023 – Jul 2026) | $6 | $39 |
| 5 years (Aug 2021 – Jul 2026) | $4 | $35 |
| Since data start (Aug 2019 – Jul 2026) | $0 | $12 |
DUST Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −13.38% |
| 1 year | −73.45% |
| 3 years (annualised) | −59.84% |
| 5 years (annualised) | −47.36% |
DUST Annual Returns
Calendar-year total returns of Direxion Daily Gold Miners Index Bear 2X Shares, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −13.38% |
| 2025 | −88.82% |
| 2024 | −29.58% |
| 2023 | −27.59% |
| 2022 | −22.60% |
| 2021 | −4.78% |
| 2020 | −85.73% |
| 2019 (Aug–Dec) | −40.71% |
DUST Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −23.0% | −38.4% | +45.4% | +4.3% | −7.7% | +30.7% | −0.2% | — | — | — | — | — |
| 2025 | −25.0% | −4.7% | −26.0% | −17.5% | −9.5% | −8.1% | +0.6% | −33.9% | −32.7% | +5.3% | −28.1% | −9.0% |
| 2024 | +22.4% | +10.7% | −31.6% | −10.5% | −12.6% | +6.2% | −20.7% | −4.3% | −7.2% | −3.4% | +12.8% | +19.1% |
| 2023 | −21.1% | +34.5% | −29.9% | −7.6% | +16.9% | +5.1% | −9.7% | +14.8% | +18.2% | −8.6% | −21.3% | −2.8% |
| 2022 | +7.9% | −24.9% | −22.0% | +16.9% | +17.0% | +28.2% | +6.1% | +19.3% | −7.1% | −3.9% | −36.5% | −2.5% |
| 2021 | +4.8% | +19.1% | −10.1% | −12.3% | −25.7% | +31.8% | −6.6% | +12.1% | +20.4% | −14.7% | −1.7% | −6.4% |
| 2020 | +0.4% | +26.0% | −56.9% | −54.2% | −15.0% | −16.3% | −29.9% | −2.9% | +12.7% | +5.7% | +11.0% | −10.8% |
| 2019 | — | — | — | — | — | — | — | −33.8% | +31.3% | −18.0% | +10.2% | −24.5% |
DUST Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 66.66%
- 3-year Sharpe ratio: -0.97 (vs 4.5% risk-free rate)
- Best month: +45.36% (Mar 2026)
- Worst month: −38.37% (Feb 2026)
DUST Fund Flows
Monthly money in and out of Direxion Daily Gold Miners Index Bear 2X Shares, from SEC Form N-PORT.
- 12-month net flow: $98.4M
- 12-month gross sales (incl. reinvestments): $633.8M
- Sales ÷ redemptions: 1.18×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $16.2M | $29.3M | −$13.1M |
| Jun 2026 | $21.3M | $52.7M | −$31.4M |
| May 2026 | $17.2M | $29.0M | −$11.7M |
| Apr 2026 | $26.1M | $9.3M | $16.8M |
| Mar 2026 | $14.6M | $67.5M | −$52.9M |
| Feb 2026 | $66.3M | $95.7M | −$29.5M |
| Jan 2026 | $133.3M | $43.6M | $89.7M |
| Dec 2025 | $49.0M | $31.4M | $17.6M |
| Nov 2025 | $44.4M | $15.0M | $29.4M |
| Oct 2025 | $100.0M | $137.3M | −$37.3M |
| Sep 2025 | $86.8M | $15.7M | $71.1M |
| Aug 2025 | $58.5M | $8.7M | $49.8M |
DUST Assets Under Management
Net assets of Direxion Daily Gold Miners Index Bear 2X Shares by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $70.72M |
| 2026-04-30 | $106.78M |
| 2026-01-31 | $187.25M |
| 2025-10-31 | $116.08M |
| 2025-07-31 | $115.04M |
| 2025-04-30 | $122.75M |
| 2025-01-31 | $97.74M |
| 2024-10-31 | $95.00M |
| 2024-07-31 | $93.97M |
| 2024-04-30 | $183.54M |
| 2024-01-31 | $74.58M |
| 2023-10-31 | $169.42M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.