JNUG Fees and Costs — Direxion Daily Junior Gold Miners Index Bull 2X Shares
Data updated: 2026-09-28
The net expense ratio is 1.02%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $644K in broker commissions, 0.1908% of average net assets.
JNUG Fees and Expenses
Annual operating expenses and sales charges of JNUG. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.08% |
| Gross expense ratio | 1.02% |
| Fee waiver | — |
| Net expense ratio | 1.02% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
JNUG Costs Over Time
On $10,000 invested in JNUG, assuming 5% a year before costs, total costs come to $754 over 5 years, cutting the return by 1.27% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.02%) | $107 | $333 | $577 |
| Trading costs (broker commissions) | $20 | $62 | $108 |
| Lost growth on money paid in costs | $0 | $20 | $69 |
| Total costs | $127 | $415 | $754 |
| Value after costs | $10,373 | $11,161 | $12,009 |
| Impact on return, per year | 1.27% | 1.27% | 1.27% |
JNUG Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1908%
- Total broker commissions: $644K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): —
- Securities on loan, average value: $6.8M
- Net income from securities lending: $23K (0.007% of average net assets)
JNUG Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citibank, National Association | $393K | 61.01% |
| BNP Paribas | $194K | 30.08% |
| UBS AG | $26K | 3.98% |
| JPMorgan Chase Bank, National Association | $15K | 2.31% |
| Bank of America N.A. | $9K | 1.36% |
| Goldman Sachs & Co. LLC | $6K | 0.98% |
| BNY MELLON CAPITAL MAREKTS LLC | $2K | 0.28% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.